S
Spencer Brook Asset Management, LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$61,000,000
This total excludes 3 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Clients
16
100% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
16
LowAverage account size
$3,812,500
About
Spencer Brook Asset Management serves high‑net‑worth individuals and trusts, offering discretionary portfolio management and financial planning in a fee‑only arrangement. The firm manages separate accounts composed largely of individual equities and, to a lesser extent, mutual funds, with client assets custodied at TD Ameritrade Institutional.
SBAM follows a bottoms‑up value investing process and typically implements an Equity Income strategy that emphasizes long‑term capital appreciation with supplemental income, avoiding short‑term market trends. Portfolios are managed on a discretionary basis and tailored to client objectives, with an emphasis on limiting downside risk and a multi‑year investment horizon.
Notably, the firm does not serve non‑high‑net‑worth individual clients and maintains a very small client roster, which the brochure indicates supports more individualized oversight. The brochure also highlights active monitoring practices (daily security checks and weekly account reviews), monthly custodian reporting with online access, a formal Code of Ethics and insider trading policy, and the absence of performance‑based fees.
Client services
Portfolio management
Expertise
Active portfolio management
Income planning
Fee options
$0 - $500,000: 1.00% $500,000 - $1,000,000: 0.80% $1,000,000 - $2,000,000: 0.70% $2,000,000+: 0.50%
Account minimum: $250,000 Fee-only: Fee-only environment; fees are asset-based, no commissions
Main office location
Spencer Brook Asset Management, LLC
747 Main Street, Suite 213
Concord MA 01742, United States
Number of offices
1
Most active in
Spencer Brook Asset Management, LLC has reported serving >5 clients in these states in the last 12 months.
Massachusetts
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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