Spreng Capital Management, Inc. (Bucyrus)


Spreng Capital Management, Inc. is a large advisory firm based in Bucyrus. It manages $133.49 million of regulatory assets for 1,220 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida, Illinois, North Carolina, and 3 other states.

Spreng Capital Management 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.

Spreng Capital Management: assets under management

The assets under management (AUM) of Spreng Capital Management, Inc. is $133.49 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 205% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $133.49 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $109.42 thousand each.
Spreng Capital Management has custody of $2.63 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment and business development companies, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Spreng Capital Management, Inc. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Spreng Capital Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Spreng Capital Management is individuals with 605 clients and $79.11 million of assets under management. Among the 10 most similar advisory firms, Spreng Capital Management has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $133.49 million for 649 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.

Spreng Capital Management doesn't advise any private funds.

Careers at Spreng Capital Management, Inc.

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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
James Allen Spreng Principal/chief compliance officer 1 Sep 1999 75% - 100% 2899030
Thomas Ryan Brown Principal/vice president 1 Jul 2010 Other 2755992

Based in Bucyrus

The principal office where Spreng Capital Management, Inc. performs its advisory services is located at 201 South Sandusky Avenue, Bucyrus, OH 44820 The mailing address of the firm is Box 47, Bucyrus, OH 44820 0047. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 419-563-0084 or by fax 419-563-0234. The normal business hours are 8-4:30 on Monday - Friday. You can find more information about the New York firm at sprengcapital.com.