Asset manager · Darien, CT
Sprott Asset Management USA Inc.
SEC-registered investment adviser · CRD 139022 · SEC 801-66131
At a glance
Sprott Asset Management USA Inc. is an SEC-registered investment adviser based in Darien, Connecticut, with $10.1 billion in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is investment companies, and it reports 3,101 individual clients. By Form ADV it is a asset manager, ranked 516th of 3,218 asset managers and 1,358th of 17,210 SEC-registered advisers by assets.
Main office 203-656-2400sprott.comAs filed on Form ADV
- Regulatory AUM
- $10B
- Rank among asset managers
- #516 of 3,218
- Rank among all SEC RIAs
- #1,358 of 17,210
- Rank in Connecticut
- #56 of 507
- Individual clients
- 3,101
- High-net-worth clients
- 1,062
- Accounts
- 3,362
- Discretionary
- 86% of AUM
- Employees
- 64
- Advisory staff
- 35
- Offices
- 5
Owners and executives on its Form ADV
- Thomas W. UlrichGeneral Counsel & Chief Compliance Officer
- Robert V. VillaflorManaging Partner - Sprott Wealth Management
- Varinder K. BhathalChief Financial Officer
- Thomas W. UlrichDirector
- Robert V. VillaflorDirector
- Varinder K. BhathalDirector
- William W. GeorgePresident, Chief Executive Officer & Director
Custody and brokerage
8 custodians
- State Street$2.5B44%
- J.P. Morgan$1.2B21%
- U.S. Bank$862M15%
- RBC$691M12%
- Merrill / Bank of America$239M4%
- Interactive Brokers$140M2%
- Fidelity$41M<1%
- Charles Schwab$6M<1%
Broker-dealer
Hybrid RIA
Sprott Asset Management USA Inc. is a hybrid RIA: 34 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Sprott Global Resource Investments LTD.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 14 | $6.5B | 65% |
| High-net-worth individuals | 1,062 | $2.2B | 22% |
| Individuals | 2,039 | $424M | 4% |
| Pooled investment vehicles | 4 | $377M | 4% |
| Corporations or other businesses | 184 | $326M | 3% |
| Charitable organizations | 5 | $125M | 1% |
| Pension and profit sharing plans | 54 | $90M | <1% |
Private funds
Sprott Asset Management USA Inc. reports 4 private funds with $377M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Sprott Asset Management USA Inc. answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗sprott.com ↗
AtlasMembers
The full record on Sprott Asset Management USA Inc.
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, ten years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 543 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Sprott Asset Management USA Inc. manage?
Sprott Asset Management USA Inc. reports $10.1 billion in regulatory assets under management across 3,362 accounts, 86% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is Sprott Asset Management USA Inc.?
Sprott Asset Management USA Inc. is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals. A public reporting company controls it.
Who are Sprott Asset Management USA Inc.’s clients?
By assets, its largest client types are investment companies ($6.5 billion, 14 clients); high-net-worth individuals ($2.2 billion, 1,062 clients); individuals ($424 million, 2,039 clients).
Does Sprott Asset Management USA Inc. manage private funds?
Yes. It reports 4 private funds with $377 million in gross assets, including hedge funds.
Does Sprott Asset Management USA Inc. have any disciplinary history?
Sprott Asset Management USA Inc. answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Sprott Asset Management USA Inc.’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 (2026-03-30), 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). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. 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 →