Spectrum AC Advisors, LLC

Spectrum AC Advisors serves individual and high-net-worth clients, providing ongoing portfolio management and individualized Investment Policy Statements to align portfolios with clients’ goals and risk tolerances. The firm operates as a single-advisor independent adviser with a very small client roster (four clients) and manages roughly $2.7 million in discretionary assets.

The firm builds diversified portfolios using mutual funds, ETFs, equities, fixed income, and alternative allocations, including real estate funds, hedge funds, private equity, and venture capital, and it rebalances and makes tactical adjustments as part of ongoing management. It also selects and monitors third-party money managers when appropriate and conducts due diligence on those managers, with clients paying both the firm’s asset-based advisory fee and any fees charged by selected managers.

A distinctive feature is that a firm principal is a licensed real estate broker and the firm is affiliated with a real estate broker; the brochure discloses the principal spends approximately 15 hours per week on real estate activities and may offer commissionable real estate services to clients, a potential conflict of interest the firm notes clients are not required to accept. The firm also requires use of a specific broker-dealer/custodian and discloses the possibility of receiving research or other soft-dollar benefits from custodians, which can influence brokerage selection.