DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Spectrum Asset Management, Inc.

Asset manager (funds and pooled vehicles)Stamford, ConnecticutCRD 300463SEC 801-30405websiteIAPD
Latest filing Aug 5, 2026
First filing on the tape Feb 7, 2019 · 27 filings
SEC status approved since Sep 28, 1987
RAUM
$18B
reported, Item 5.F
Discretionary
76%
of RAUM
Private clients
0.0%
$4.5M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$4.6B
derived; firm RAUM over IAPD count
Employees
27
14 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
1
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$18B as of Aug 5, 2026
Mar 11, 2019$18B then
HNW client RAUM$4.5M as of Aug 5, 2026
Mar 29, 2023$9.4M then
State-registered IARs (5.B.3)3 as of Aug 5, 2026
Mar 11, 20193 then
Employees (5.A)27 as of Aug 5, 2026
Mar 11, 201921 then
Private funds1 as of Aug 5, 2026
Mar 11, 20191 then
RAUM -7.0% over the last fiscal year-5.1% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Aug 5, 2026; every figure names its basis
RAUM per advisor
$4.6BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.5MderivedHNW RAUM over HNW clients
Average account
$247MderivedRAUM over accounts (5.F.2.f)
Discretionary
76%derivedof RAUM
Institutional
2.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
6.8derivedItem 5.A over advisors
Advisors per office
1.0derived4 offices incl. principal (1.F.5)
RAUM growth, one year
-7.0%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$33.3M, 1 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$8.1B44%
  • Corporations and businesses$5.4B30%
  • Pooled investment vehicles$4.3B24%
  • Insurance companies$485M2.7%
  • High-net-worth individuals$4.5M0.0%
Individual clients
n/areported
HNW clients
1reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
74reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $5.3B managedreported
Custody of client assets
$33.3M for 1 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.68 institutional_share=0.03 related_bd=true related_bank=true bd_reps=20.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Steven Jay SolmonsonStamford, CtMar 6, 201929 y0
Kevin Obrien NugentStamford, CtMar 6, 201933 y1
Matthew Ross ByerStamford, CtMar 6, 201919 y0
Andrew Dean PurdyStamford, CtOct 2, 202413 y1
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Private funds
    1 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Spectrum Capital Securities Institutional Fund LLCOther Private Fund$121M10Mar 11, 2019
    Owners and control persons
    Schedule A and B, latest filing
    • Ross Matthew Byer · Executive Director & Chief Operating Officercontrol
      since 01/2010 · owns less than 5%
    • Phillip Lewis Jacoby · Executive Director & Chief Investment Officercontrol
      since 01/2010 · owns less than 5%
    • Alan Mark Lieb · President & Chief Executive Officercontrol
      since 01/2010 · owns less than 5%
    • Andrew Joseph Hanczor · Managing Director & Chief Compliance Officer
      since 08/2009 · owns less than 5%
    • Marie Jean Orlando · Financial Operations Principal & Chief Financial Officer
      since 02/2000 · owns less than 5%
    • John Joseph Urciuoli · Executive Director & Head Of Research
      since 01/2010 · owns less than 5%
    Entity owners
    • Principal Global Investors Holding Company (US), LLC · Owner
      direct · owns 75% or more
    • Principal Financial Group Inc. · 100% Owner
      indirect · owns 75% or more of Principal Financial Services Inc. · public reporting company
    • Principal Financial Services Inc. · 100% Owner
      indirect · owns 75% or more of Principal Global Investors Holding Company (US), LLC
    Related persons
    Schedule D 7.A
    • Claritas Investments Ltd.
      investment adviserpooled vehicle sponsorn
    • Delaware Charter Guarantee & Trust Company D/B/A Principal Trust Company
      n
    • Principal Origin
      investment adviserpooled vehicle sponsornRAUM $4.6B
    • Post Advisory Group, LLC
      investment adviserbankpooled vehicle sponsornRAUM $13B
    • Principal Advised Services
      investment advisernRAUM $1.4B
    • Principal Bank
      n
    • Principal Funds Distributor, Inc.
      broker-dealern
    • Principal Global Investors (Australia), Ltd
      investment advisern
    • Principal Global Investors (Eu) Limited
      investment advisern
    • Principal Global Investors (Europe), Ltd
      investment advisern
    • Principal Global Investors (Ireland), Ltd
      investment adviserpooled vehicle sponsorn
    • Principal Global Investors (Japan), Ltd
      investment adviserpooled vehicle sponsorn
    • Principal Global Investors (Singapore), Ltd
      investment advisern
    • Principal Global Investors (Switzerland) Gmbh
      investment advisern
    • Principal Global Investors Trust Company
      n
    • Principal Asset Management
      investment adviserbankpooled vehicle sponsornRAUM $428B
    • Principal Life Insurance Company
      n
    • Principal Real Estate
      investment adviserpooled vehicle sponsornRAUM $106B
    • Principal Real Estate Kapitalverwaltungsgesellschaft Mbh
      investment adviserpooled vehicle sponsorn
    • Principal Real Estate Limited
      investment adviserpooled vehicle sponsorn
    • Principal Real Estate S.A R.L.
      investment adviserpooled vehicle sponsorn
    • Principal Real Estate Sas
      investment adviserpooled vehicle sponsorn
    • Principal Real Estate Spezialfondsgesellschaft Mbh
      investment adviserpooled vehicle sponsorn
    • Principal Securities, Inc.
      broker-dealerinvestment advisernRAUM $17B
    • Spectrum Asset Management, Inc.
      broker-dealeryRAUM $24B
    Advisers that list Spectrum Asset Management, Inc. as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Stamford, Ct · principal400
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    • Miami, FL1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 78 to 74
      Feb 3, 2026 to Mar 20, 2026
    • Advisory employees · 12 to 14
      Feb 3, 2026 to Mar 20, 2026
    • BD registered reps · 23 to 20
      Feb 3, 2026 to Mar 20, 2026
    • Corporate clients · 53 to 50
      Feb 3, 2026 to Mar 20, 2026
    • Pooled vehicle clients · 9 to 10
      Feb 3, 2026 to Mar 20, 2026
    • Assets in custody · $39.7M to $33.3M
      Feb 3, 2026 to Mar 20, 2026
    • Employees · 26 to 27
      Feb 3, 2026 to Mar 20, 2026
    • Discretionary RAUM · $15B to $14B
      Feb 3, 2026 to Mar 20, 2026
    • HNW RAUM · $5.1M to $4.5M
      Feb 3, 2026 to Mar 20, 2026
    • Non-discretionary RAUM · $4.6B to $4.4B
      Feb 3, 2026 to Mar 20, 2026
    • Pooled vehicle RAUM · $4.7B to $4.3B
      Feb 3, 2026 to Mar 20, 2026
    • RAUM · $20B to $18B
      Feb 3, 2026 to Mar 20, 2026
    • Wrap assets (manager) · $5.7B to $5.3B
      Feb 3, 2026 to Mar 20, 2026
    • Financial planning clients · 0 to 0
      Apr 10, 2025 to Nov 4, 2025
    • Accounts · 81 to 78
      Apr 19, 2024 to Apr 10, 2025
    • BD registered reps · 19 to 23
      Apr 19, 2024 to Apr 10, 2025
    • Pension plan clients · 1.0 to unset
      Apr 19, 2024 to Apr 10, 2025
    • Pooled vehicle clients · 7 to 9
      Apr 19, 2024 to Apr 10, 2025
    • Assets in custody · $121M to $39.7M
      Apr 19, 2024 to Apr 10, 2025
    • Employees · 25 to 26
      Apr 19, 2024 to Apr 10, 2025
    • Discretionary RAUM · $15B to $15B
      Apr 19, 2024 to Apr 10, 2025
    • HNW RAUM · $5.2M to $5.1M
      Apr 19, 2024 to Apr 10, 2025
    • Non-discretionary RAUM · $4.5B to $4.6B
      Apr 19, 2024 to Apr 10, 2025
    • Pension RAUM · 1880664.0 to unset
      Apr 19, 2024 to Apr 10, 2025
    • Pooled vehicle RAUM · $4.3B to $4.7B
      Apr 19, 2024 to Apr 10, 2025
    • RAUM · $19B to $20B
      Apr 19, 2024 to Apr 10, 2025
    • Wrap assets (manager) · $5.6B to $5.7B
      Apr 19, 2024 to Apr 10, 2025
    • BD registered reps · 20 to 19
      Apr 14, 2023 to Mar 29, 2024
    • Corporate clients · 50 to 53
      Apr 14, 2023 to Mar 29, 2024
    • HNW clients · 2 to 1
      Apr 14, 2023 to Mar 29, 2024
    • Assets in custody · $111M to $121M
      Apr 14, 2023 to Mar 29, 2024
    • Employees · 24 to 25
      Apr 14, 2023 to Mar 29, 2024
    • Discretionary RAUM · $17B to $15B
      Apr 14, 2023 to Mar 29, 2024
    • HNW RAUM · $9.4M to $5.2M
      Apr 14, 2023 to Mar 29, 2024
    • Non-discretionary RAUM · $4.4B to $4.5B
      Apr 14, 2023 to Mar 29, 2024
    • Pension RAUM · $70.4M to $1.9M
      Apr 14, 2023 to Mar 29, 2024
    • Pooled vehicle RAUM · $4.5B to $4.3B
      Apr 14, 2023 to Mar 29, 2024
    • RAUM · $21B to $19B
      Apr 14, 2023 to Mar 29, 2024
    • Wrap assets (manager) · $5.6B to $5.6B
      Apr 14, 2023 to Mar 29, 2024
    • Assets in custody · $119M to $111M
      Mar 29, 2023 to Apr 6, 2023
    Signals
    No event on the tape.
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Website
    SAMIPFD.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    203-322-0189reportedpublic record, Form ADV, Aug 5, 2026
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
    RAUM per advisor
    $4.6Bderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026