Spar Cove Associates, Inc. (Dover)

Spar Cove Associates, Inc. is an adviser based in Dover. It manages $20.26 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of New Hampshire.

Spar Cove Associates provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Spar Cove Associates: assets under management

The assets under management (AUM) of Spar Cove Associates, Inc. is $20.26 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $20.26 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.13 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Spar Cove Associates, Inc. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Spar Cove Associates, Inc.

Thomas Habib Saliba has been acting as President since 1 Nov 1985. Glenn Phillip Johnson joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Habib Saliba	President/ceo	1 Nov 1985	75% - 100%	5128004
Glenn Phillip Johnson	Chief compliance officer	1 Jan 2006	Other	3159298

Based in Dover

The principal office where Spar Cove Associates, Inc. performs its advisory services is located at 53 Clearwater Drive, Dover, NH 03820, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.