Scarecrow Advisors, LLC logo

Scarecrow Advisors, LLC

Updated today

Client assets under management

$74,000,000

Clients

247

0% high-net-worth

Advisors

4

of 5 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

62

High

Average account size

$299,595

About

Scarecrow Advisors is a small team of four advisors managing approximately $74 million for roughly 247 clients, and it provides ongoing portfolio management and investment supervisory services to individual and institutional clients. The firm constructs individualized investment policy statements and typically operates with discretionary authority to implement and monitor client portfolios, with account minimums applied at the firm’s discretion.

The firm relies on a mix of fundamental, technical and cyclical analysis and maintains its own proprietary models while also selecting third‑party managers when appropriate; it uses both strategic long‑term allocations and tactical shifts. Scarecrow’s stated strategies can include short‑term trading and more advanced instruments—inverse and leveraged funds, short sales, margin and covered options—which the brochure identifies and describes along with associated risks.

Scarecrow discloses affiliations with separate entities that provide trading signals to other registered advisers and notes shared personnel between those affiliates and the advisory firm, a relationship it identifies as a potential conflict and says it mitigates through disclosure and operational limits. The combination of a small team running proprietary models, active use of leveraged/short strategies, and an affiliated signal‑provider business (with principals reporting roughly four and twenty weekly market hours devoted to those activities) distinguishes the firm from many peers.

Client services

Portfolio management Selection of other advisers

Expertise

Active portfolio management Options & derivatives strategies

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Fee options

Percentage

2.5% annually (straight line, flat rate)

Other

Account minimum: $50,000

Main office location

Scarecrow Advisors, LLC

4815 123 Rd Street, West

Savage MN 55378, United States

Number of offices

1

Most active in

Alaska · California · Colorado · Minnesota · North Carolina · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Spencer W

Series 65

Denver, CO

Scarecrow Advisors, LLC

Spencer Walls is a financial advisor at Scarecrow Advisors, LLC in Denver, CO, holding a Series 65 credential with three years of industry experience. Prior to joining Scarecrow Advisors, he worked at Zumiez for five years. Scarecrow Advisors is a small team managing approximately $74 million for individual and institutional clients, providing portfolio management and investment supervisory services. The firm uses a combination of fundamental, technical, and cyclical analysis with proprietary models and third-party managers, employing both strategic long-term allocations and tactical shifts, including advanced strategies such as short-term trading, inverse and leveraged funds, short sales, margin, and covered options.

Active portfolio management Options & derivatives strategies
user avatar

Kirk H

Series 65

Hudson, CO

Scarecrow Advisors, LLC

Kirk Hemingway is a financial advisor at Scarecrow Advisors, LLC with two years of industry experience. He holds a Series 65 designation and has previously worked at Ice O Matic and Hunter Douglas. Outside of advising, he serves as Director of Operations for Scarecrow Trading, a role involving operational duties for a signal-providing entity. Scarecrow Advisors is a small team managing approximately $74 million for individual and institutional clients, offering portfolio management and investment supervisory services. The firm employs fundamental, technical, and cyclical analysis along with proprietary models, incorporating both long-term strategic allocations and tactical shifts that may include advanced instruments such as inverse and leveraged funds.

Active portfolio management Options & derivatives strategies
user avatar

Benjamin F

Series 65

Savage, MN

Scarecrow Advisors, LLC

Benjamin Fox is a financial advisor at Scarecrow Advisors, LLC with nine years of industry experience. He holds a Series 65 designation and has previously worked at Strategic Income Advisors and as an insurance agent. Fox is also Vice President of Scarecrow Trading Inc., where he provides trading signals to registered investment advisers and investment adviser representatives. Scarecrow Advisors is a small firm of four advisors managing approximately $74 million for individual and institutional clients. The firm employs a combination of fundamental, technical, and cyclical analysis, using proprietary models alongside third-party managers, and incorporates both strategic long-term allocations and tactical shifts, including advanced instruments such as leveraged funds and options.

Active portfolio management Options & derivatives strategies
user avatar

Maxwell F

Series 65

Savage, MN

Scarecrow Advisors, LLC

Maxwell Fox is a financial advisor at Scarecrow Advisors, LLC with one year of industry experience. He holds a Series 65 designation. In addition to his advisory role, he serves as a project manager for Scarecrow Trading, LLC, overseeing marketing and data sourcing efforts. Scarecrow Advisors is a small team managing approximately $74 million for around 247 clients, providing portfolio management and investment supervisory services to both individual and institutional clients. The firm employs a combination of fundamental, technical, and cyclical analysis, using proprietary models and third-party managers to implement strategies that include both long-term allocations and tactical shifts, as well as advanced trading techniques.

Active portfolio management Options & derivatives strategies
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