Spectrum Assets, Inc. (Boca Raton)


Spectrum Assets, Inc. is a large advisory firm based in Boca Raton. It manages $60.55 million of regulatory assets for 192 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida and New York.

Spectrum Assets provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Spectrum Assets: assets under management

The assets under management (AUM) of Spectrum Assets, Inc. is $60.55 million. The firm's AUM has grown by 115% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $47.03 million in discretionary accounts and $13.52 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $456.58 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $151.95 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Spectrum Assets, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Spectrum Assets, Inc.

Clive Patrick Cholerton has been acting as President since 1 Jan 1998. Michael James Stjohn joined the executive team most recently as the Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Clive Patrick Cholerton President 1 Jan 1998 50% - 75% 2870774
Michael James Stjohn Partner 1 Jan 2000 25% - 50% 3102887
James Cornelius Landon Partner 1 Jan 2000 25% - 50% 1520058

Based in Boca Raton

The principal office where Spectrum Assets, Inc. performs its advisory services is located at 4401 N. Federal Hwy.,, Boca Raton, FL 33431, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 561-347-6662 or by fax 561-347-6864. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at www.spectrumassets.com.

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