Sand Spring Advisors LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$0
This total excludes 1 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Total clients
1
100% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
1
Average account size
$0
About
Sand Spring Advisors LLC provides due-diligence research and consulting on alternative investments to Accredited investors, Qualified Purchasers, and other registered investment advisers — including family offices, endowments, foundations, and pension-type clients. The firm does not take custody of client assets or exercise portfolio discretion; it delivers non-discretionary manager evaluations, outsourced CIO/director-of-research work, and periodic research reports.
Its work combines in-person, serial interviews and operational due diligence with quantitative analysis, including peer-group and drawdown comparisons and factor/principal‑components analysis, to evaluate whether returns reflect manager skill or market/structural drivers. The firm reviews offering documents, service providers, and investor communications, and compiles cohesive evaluation reports that may include suggested side‑letter terms or risk observations for client decision-making.
What is notable about the firm relative to peers is its founder’s trading and derivatives background and continued use of technical and cycle‑oriented market‑timing perspectives, along with a history operating a pooled fund‑of‑funds and earlier CTA/CPO registration and futures allocations — experience that shapes its review of leveraged and systematic managers. The firm also accepts certain non‑U.S. assignments (for example, prior consulting to the United Nations Development Program) and provides expert‑witness and arbitration consulting, while operating on a fee‑for‑service basis rather than a percentage‑of‑AUM model and not serving retail individual (non‑HNW) clients.
Client services
Selection of other advisers
Market timing
Non-binding due diligence research reports on private investments for other rias and qualified and accredited hnw individuals
Non-binding due diligence research reports on private investments for other rias and qualified and accredited hnw individuals
Expertise
Private / alternative investments
Options & derivatives strategies
Occupation focus
Founder/Business Owner
Fee options
$5,000 flat fee per alternative due diligence report
$250 per hour for consulting services; expert witness consulting rates vary from $350 to $700 per hour depending on service
Monthly retainer fees ranging from $5,000 to $10,000 depending on complexity and time commitment
Fee-only: $250 per hour or $5,000 flat fee per alternative due diligence report; $5,000 to $10,000 per month retainer for Outsourced CIO or Director of Research services, plus $250/hour for excess hours; Expert Witness Consulting: $350/hr document review, $500/hr legal consultation, $700/hr testimony; General journalism: $65/hr or $1-$2 per word
Main office location
Sand Spring Advisors LLC
Morristown NJ, United States
Number of offices
1
Most active in
Sand Spring Advisors LLC has reported serving >5 clients in these states in the last 12 months.
New Jersey
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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