Blue Spark Capital Advisors LLC is a large advisory firm based in New York. It manages $116.2 million of regulatory assets for 230 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Louisiana, Massachusetts, New York, and Pennsylvania.
Blue Spark Capital Advisors provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Blue Spark Capital Advisors LLC is $116.2 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 175% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Blue Spark Capital Advisors LLC for their services and products based on a percentage of assets under management and fixed fees. 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.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Blue Spark Capital Advisors is high net worth individuals with 21 clients and $76.28 million of assets under management. Among the 8 most similar advisory firms, Blue Spark Capital Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $116.2 million for 88 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Blue Spark Capital Advisors doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Blue Spark Capital Advisors LLC performs its advisory services is located at 130 West 19 Th St, New York, NY 10011, which is also the mailing address of the firm. An additional office of the firm is in Lenox, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 2125373899 or by fax 2125373899. The normal business hours are 9:00 am to 6:00 pm et on Monday - Friday. You can find more information about the New York firm at bluesparkfinancial.com.