Wealth manager, independent · Bingham Farms, MI
Spartan Wealth Management
Spartan Wealth Advisory Services LLC · SEC-registered investment adviser · CRD 331719 · SEC 801-131368
At a glance
Spartan Wealth Management is an SEC-registered investment adviser based in Bingham Farms, Michigan, with $1.5B in regulatory assets under management as of its Form ADV filed May 13, 2026. It reports 1,165 individual clients, 813 of them high-net-worth, holding an average of about $1.3 million each, and 31 employees. That ranks it 743rd among the nation’s 5,657 independent wealth management RIAs and 21st of 178 in Michigan. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 248-297-6600spartanwealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.5B
- Rank among independent wealth managers
- #743 of 5,657
- Rank among all SEC RIAs
- #4,291 of 17,210
- Rank in Michigan
- #21 of 178
- Individual clients
- 1,165
- High-net-worth clients
- 813
- Accounts
- 1,179
- Discretionary
- 100% of AUM
- Employees
- 31
- Advisory staff
- 19
- Offices
- 2
Owners and executives on its Form ADV
- E. Brian MosallamChief Executive Officer
- Anthony MonaPresident
- Steven M. NofarTreasurer
- Joseph A. MansoorVice President
- Alexander L. WagnerVice President
- Derek P. DamianChief Investment Officer
- John K. DwyerChief Compliance Officer
- Nicole M. YatesDirector of Operations
- Christian YaldoDirector of Finance
Custody and brokerage
Broker-dealer
Hybrid RIA
Spartan Wealth Management is a hybrid RIA: 19 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed May 2026) names LPL Financial as the broker-dealer its advisers are registered with.
ement are Registered Representatives and Investment Advisor Representatives of LPL Financial as broker-dealer representatives (“Dually Registered Persons”), LPL is registered as a broker-dealer, and as a registered investment advisor with
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 352 | $1.2B | 83% |
| High-net-worth individuals | 813 | $224M | 15% |
| Corporations or other businesses | 11 | $18M | 1% |
| Pension and profit sharing plans | – | $3M | <1% |
| Charitable organizations | – | $3M | <1% |
Disciplinary disclosures
Spartan Wealth Management reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗spartanwealth.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 1 years of filings
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- Rank against 2,545 peers of its type and size
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- 9 namedLocked
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Michigan
All of Michigan →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Signal Advisors Wealth, LLCDetroit | $1.7B | 4,816 |
| LVM Capital Management LTDPortage | $1.6B | 1,369 |
| Planning Alternatives LTDBirmingham | $1.5B | 669 |
| Fiduciary Financial AdvisorsGrand Rapids | $1.3B | 2,164 |
| CWS Financial Advisors LLCKalamazoo | $1.3B | 802 |
| Columbia Asset Management, L.L.C.ANN Arbor | $1.2B | 411 |
Background
Questions
How much does Spartan Wealth Management manage?
Spartan Wealth Management reports $1.5B in regulatory assets under management across 1,179 accounts, 100% of it on a discretionary basis, on its Form ADV filed May 13, 2026.
How many clients does Spartan Wealth Management have?
It reports 1,165 individual clients: 813 high-net-worth individuals and 352 other individuals. Individuals account for about 98% of its regulatory assets.
Where is Spartan Wealth Management headquartered?
Its main office is in Bingham Farms, Michigan. It reports 2 offices in total and 31 employees, 19 of whom perform investment advisory functions.
How does Spartan Wealth Management charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Spartan Wealth Management use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed May 13, 2026, it reports these amounts held: Charles Schwab ($1.5B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Spartan Wealth Management a hybrid RIA with a broker-dealer?
Spartan Wealth Management is a hybrid RIA: 19 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Spartan Wealth Management a fiduciary?
As an SEC-registered investment adviser, Spartan Wealth Management owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 19 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Spartan Wealth Management’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-05-13), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →