Sp Asset Management LLC

SP Asset Management LLC, established in 1995, is a California Limited Liability Company specializing in discretionary management of investment portfolios and financial planning for individuals, pension and retirement plans, trusts, and business entities. The firm's President, Sandeep Pandya, has over 25 years of experience in investment advisory services. SP Asset Management offers fully discretionary investment supervisory and portfolio management services, with approximately $1.44 billion in client assets under management as of December 31, 2021. The firm charges annual investment management fees based on a percentage of assets managed, with fees ranging from 0.25% to 1.00% depending on the asset value. Clients can engage the firm on a fee-only basis, with fees negotiable based on certain criteria. SP Asset Management does not accept performance-based fees and primarily invests in domestic and foreign equity securities, fixed income, ETFs, mutual funds, and options contracts. The firm utilizes fundamental analysis for security analysis and offers asset allocation strategies tailored to client goals. Clients have investment discretion over their accounts, with SP Asset Management providing ongoing account reviews and performance reports. The firm does not vote proxies on behalf of clients and has custody solely for fee deduction purposes. Sandeep Pandya has no disciplinary history and is responsible for supervising all advisory activities.