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

Spartan Wealth Management

Independent wealth managerBingham Farms, MichiganCRD 331719SEC 801-131368websiteIAPD
Legal name Spartan Wealth Advisory Services LLC
Latest filing May 13, 2026
First filing on the tape Sep 26, 2024 · 8 filings
SEC status approved since Oct 28, 2024
RAUM
$1.5B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$1.5B individuals and HNW
Advisors
21
registered through the firm on IAPD
RAUM per advisor
$70.7M
derived; firm RAUM over IAPD count
Employees
31
19 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$1.5B as of May 13, 2026
Feb 28, 2025$407M then
HNW client RAUM$224M as of May 13, 2026
Feb 28, 2025$329M then
State-registered IARs (5.B.3)19 as of May 13, 2026
Feb 28, 202515 then
Employees (5.A)31 as of May 13, 2026
Feb 28, 202526 then
Private funds: no history
RAUM +265% over the last fiscal yearIARs 15 to 19
Practice profile
derived from the filing of May 13, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$70.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
55derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$275,679derivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
10.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+265%derivedbetween the last two annual amendments
Advisor growth, one year
+27%derivedItem 5.B.3 between annual amendments
Client growth, one year
+282%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$222M, 596 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$1.2B83%
  • High-net-worth individuals$224M15%
  • Corporations and businesses$17.6M1.2%
  • Pension and profit-sharing plans$3.2M0.2%
  • Charitable organizations$3.1M0.2%
Individual clients
352reported
HNW clients
813reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,179reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$222M for 596 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=19.0derived
Advisors registered through the firm
21 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Adam Jeffrey SmithBingham Farms, MiNov 19, 202411 y2
Anthony MonaBingham Farms, MiNov 19, 202428 y2
Derek Peter DamianBingham Farms, MiNov 19, 202412 y4
Steven Michael NofarBingham Farms, Mi Nov 19, 202411 y4
E. Brian MosallamBingham Farms, MiNov 19, 202429 y3
Kyle Scott WorthyCertified Financial PlannerBingham Farms, MiNov 19, 202412 y4
Ariel Gerald WagnerBingham Farms, MiNov 19, 202410 y2
Alexander Lee WagnerBingham Farms, MiNov 21, 202414 y3
Joseph Andre MansoorBingham Farms, MiJan 1, 202516 y2
Adam SaghirBingham Farms, MiFeb 18, 202513 y1
Connor P HoltonBingham Farms, MiMay 28, 202510 y0
Farah Kobeissi-NasserDearborn, Mi Jun 17, 202511 y2
Anthony P. MansoorBingham Farms, MiAug 15, 202510 y0
Amar Mohamad MashhourBingham Farms, Mi Oct 16, 202511 y0
Ryan Phillip SittoBingham Farms, Mi Dec 23, 202512 y0
Avery Anthony MonaBingham Farms, MiDec 23, 202511 y0
Jack James SkrzyckiCertified Financial PlannerBingham Farms, MiJan 9, 202613 y2
Jeff Ryan OsaerBingham Farms, MiJan 13, 202614 y4
Zakerie ThompsonBingham Farms, MiJan 14, 202611 y3
Nicholas KallabatBingham Farms, MiJul 13, 202615 y2
Kathryn J JayBingham Farms, MiAug 11, 202619 y4
Advisor movement
0 left, 5 joined in 12 months
net +5 in 12 months0 left in 90 days2 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Peter Derek Damian · Chief Investment Officercontrol
      since 04/2024 · owns less than 5%
    • Andre Joseph Mansoor · Vice Presidentcontrol
      since 04/2024 · owns less than 5%
    • Anthony Mona · Presidentcontrol
      since 04/2024 · owns less than 5%
    • E. Brian Mosallam · Chief Executive Officercontrol
      since 04/2024 · owns less than 5%
    • Michael Steven Nofar · Treasurercontrol
      since 04/2024 · owns less than 5%
    • Lee Alexander Wagner · Vice Presidentcontrol
      since 04/2024 · owns less than 5%
    • Christian Yaldo · Director Of Financecontrol
      since 08/2024 · owns less than 5%
    • Marie Nicole Yates · Director Of Operationscontrol
      since 08/2024 · owns less than 5%
    • Anthony Mona · Trusteecontrol
      since 12/2002 · owns 75% or more of Anthony S. Mona Living Trust Dated December 10 2002
    • Keith John Dwyer · Chief Compliance Officer
      since 01/2025 · owns less than 5%
    Entity owners
    • Spartan Wealth Management Inc. · Owner
      direct · owns 75% or more
    • Anthony S. Mona Living Trust Dated December 10 2002 · Owner
      indirect · owns 25% to 50% of Spartan Wealth Management Inc.
    Related persons
    Schedule D 7.A
    • Spartan Wealth Benefit Advisors LLC
      real estatey
    • Spartan Wealth Insurance Advisors LLC
      real estatey
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Bingham Farms, Mi · principal2180
    Offices
    Schedule D 1.F, the 25 largest
    • Birmingham, MI1 employees
    ADV anomalies
    5 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing May 13, 2026
      Yates, Nicole, Marie (DIRECTOR OF OPERATIONS) appeared on Schedule A between the filings of 2024-09-26 and 2026-05-13
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing May 13, 2026
      Yaldo, Christian (DIRECTOR OF FINANCE) appeared on Schedule A between the filings of 2024-09-26 and 2026-05-13
      peers: independent wealth managers, $1B to $5B (1,360)
    • client count surgeChange between filings · filing Mar 25, 2026
      individual and HNW clients (Item 5.D) moved from 305.0 to 1,165.0 (+282.0%) between the annual amendments of 2025-02-28 and 2026-03-25; the peer median change was +5.0% (1132 comparable advisers, 99.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,132) · 99% percentile
    • HNW share shiftChange between filings · filing Mar 25, 2026
      HNW share of RAUM moved from 81.0% to 15.0% between the annual amendments of 2025-02-28 and 2026-03-25
      peers: independent wealth managers, $1B to $5B (1,360)
    • RAUM up 50 %Change between filings · filing Mar 25, 2026
      RAUM (Item 5.F) moved from $406,619,437 to $1,484,197,565 (+265.0%) between the annual amendments of 2025-02-28 and 2026-03-25; the peer median change was +17.0% (1297 comparable advisers, 100.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,297) · 100% percentile
    How anomalies are measured
    What changed
    consecutive filings, newest first
    • Accounts · 946 to 1,179
      Nov 24, 2025 to Feb 13, 2026
    • Advisory employees · 15 to 19
      Nov 24, 2025 to Feb 13, 2026
    • BD registered reps · 13 to 19
      Nov 24, 2025 to Feb 13, 2026
    • Corporate clients · 6 to 11
      Nov 24, 2025 to Feb 13, 2026
    • HNW clients · 103 to 813
      Nov 24, 2025 to Feb 13, 2026
    • Individual clients · 202 to 352
      Nov 24, 2025 to Feb 13, 2026
    • Assets in custody · $64.3M to $222M
      Nov 24, 2025 to Feb 13, 2026
    • Employees · 26 to 31
      Nov 24, 2025 to Feb 13, 2026
    • Insurance-licensed employees · 15 to 0
      Nov 24, 2025 to Feb 13, 2026
    • Financial planning clients · 0 to 1-10
      Nov 24, 2025 to Feb 13, 2026
    • State-registered IARs · 15 to 19
      Nov 24, 2025 to Feb 13, 2026
    • Discretionary RAUM · $407M to $1.5B
      Nov 24, 2025 to Feb 13, 2026
    • HNW RAUM · $329M to $224M
      Nov 24, 2025 to Feb 13, 2026
    • Individual RAUM · $67.1M to $1.2B
      Nov 24, 2025 to Feb 13, 2026
    • Pension RAUM · $2.7M to $3.2M
      Nov 24, 2025 to Feb 13, 2026
    • RAUM · $407M to $1.5B
      Nov 24, 2025 to Feb 13, 2026
    • Financial planning clients · 0 to 0
      Jul 24, 2025 to Nov 24, 2025
    • Accounts · 0 to 946
      Sep 26, 2024 to Feb 28, 2025
    • Advisory employees · 8 to 15
      Sep 26, 2024 to Feb 28, 2025
    • Advisory activities · 3 to 4
      Sep 26, 2024 to Feb 28, 2025
    • BD registered reps · 9 to 13
      Sep 26, 2024 to Feb 28, 2025
    • Corporate clients · unset to 6.0
      Sep 26, 2024 to Feb 28, 2025
    • HNW clients · unset to 103.0
      Sep 26, 2024 to Feb 28, 2025
    • Individual clients · unset to 202.0
      Sep 26, 2024 to Feb 28, 2025
    • Assets in custody · unset to 64310154.0
      Sep 26, 2024 to Feb 28, 2025
    • Custody of client assets · false to true
      Sep 26, 2024 to Feb 28, 2025
    • Employees · 21 to 26
      Sep 26, 2024 to Feb 28, 2025
    • Insurance-licensed employees · 8 to 15
      Sep 26, 2024 to Feb 28, 2025
    • State-registered IARs · 8 to 15
      Sep 26, 2024 to Feb 28, 2025
    • Legal name · SPARTAN WEALTH MANAGEMENT to SPARTAN WEALTH ADVISORY SERVICES LLC
      Sep 26, 2024 to Feb 28, 2025
    • Discretionary RAUM · $0 to $407M
      Sep 26, 2024 to Feb 28, 2025
    • HNW RAUM · unset to 328978640.0
      Sep 26, 2024 to Feb 28, 2025
    • Individual RAUM · unset to 67079111.0
      Sep 26, 2024 to Feb 28, 2025
    • Pension RAUM · unset to 2699694.0
      Sep 26, 2024 to Feb 28, 2025
    • RAUM · $0 to $407M
      Sep 26, 2024 to Feb 28, 2025
    Signals
    4 dated events
    • Spartan Wealth Management reported RAUM $1.5B, up 265% from $406.6M (2025-11-24 to 2026-02-13)
      Feb 13, 2026 · RAUM change · derived
    • 13 advisors left Cadaret Grant & CO Inc (Syracuse, NY) for Spartan Wealth Management a day apart
      Jul 7, 2025 · Team lift-out · derived
    • John Christian Luttmann left Spartan Wealth Management for Goldman Sachs Wealth Services, L.P. (registered 2025-05-07)
      May 7, 2025 · Advisor changed firm · fact
    • Spartan Wealth Management filed its initial SEC registration (Form ADV)
      Sep 26, 2024 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    How to reach
    public business contact points only, each with its source
    Business email
    info@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    brian@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    britt.metzner@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    celina.eagle@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    christian.yaldo@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    dominic@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    eliana.mona@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    kaylin.konja@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    laura.simko@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    mariam@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    nicole.yates@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    olivia@spartanwealth.comreportedpublished by the firm, firm site, Sep 15, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $70.7Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026