SP Asset Management LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$1,835,639,188
Clients
207
Advisors
3
across 2 offices
About
SP Asset Management provides discretionary portfolio management and offers one‑time or ongoing financial planning for high‑net‑worth individuals, retirement plans, trusts and business entities. The firm also advises and manages pooled investment vehicles, including private fund of funds investments focused on venture capital and private equity, and serves investors in those pooled vehicles alongside its individual clients.
The firm’s investment process is primarily discretionary and based on fundamental security analysis and asset allocation across equities, fixed income, ETFs, mutual funds, options and private equity, with the use of margin or short‑term trading only when authorized by the client. Financial planning is typically delivered to sophisticated clients and can include evaluation of alternative investments and implementation coordination, while private fund activities are governed by fund documents and include customary fund‑level fees and carried interest arrangements.
What is distinctive about the firm is the combination of substantial assets under management (about $1.9 billion) with a relatively small advisory team, resulting in high AUM per advisor, and steady involvement as adviser and manager to pooled investment vehicles — a configuration that is uncommon among peer team firms. These dual roles and related operational features (such as fund‑level carried interest, custody arrangements including standing transfer authorizations, and an affiliated insurance practice) introduce additional conflict‑of‑interest and governance considerations clients should review.
Client services
Expertise
Fee options
Financial planning fees generally start at $10,000 and are negotiable.
$0 - $999,999: 1.00% annually $1,000,000 - $1,999,999: 0.90% annually $2,000,000 - $2,999,999: 0.80% annually $3,000,000 - $3,999,999: 0.70% annually $4,000,000 - $4,999,999: 0.60% annually $5,000,000 - $9,999,999: 0.50% annually $10,000,000+: 0.25% annually
Insurance products sales receive commissions.
Minimum fee: $2,500 quarterly minimum fee Fee-only: Investment management fees are fee-only and negotiable.
Main office
See office20380 Town Center Lane, Ste 205
Cupertino CA 95014
Advisors at this office
2
Offices (2)
Most active in
California · New York · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
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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.
Advisors at this firm
Lucas M
Series 63, Series 65, Series 66
Cupertino, CA
SP Asset Management LLC
Lucas Mosher is a financial advisor with SP Asset Management LLC in Cupertino, CA, holding Series 63, 65, and 66 licenses and bringing six years of industry experience. His prior work includes roles at The Leaders Group Inc, Wells Fargo Clearing, Wells Fargo Advisors, and NB Wealth Management. In addition to his advisory duties, he works as an independent insurance agent assisting clients with fixed life insurance products. SP Asset Management provides discretionary portfolio management and financial planning services primarily to high-net-worth individuals, retirement plans, trusts, and business entities. The firm manages approximately $1.9 billion in assets and also advises private fund of funds investments alongside individual client portfolios.
Sandeep P
Series 65
Cupertino, CA
SP Asset Management LLC
Sandeep Pandya is a Series 65-licensed advisor with SP Asset Management LLC in Cupertino, CA, where he has worked since 1995. He has 31 years of industry experience. Pandya is also the president and owner of Pandya Insurance Services LLC, which provides life, health, and property and casualty insurance policies, and serves as general partner of SP-Accolade SPV, LP, a private fund-of-funds investing in venture and private equity. SP Asset Management advises primarily high-net-worth individuals, pension and retirement plans, trusts, and business entities, offering discretionary portfolio management and financial planning. The firm manages accounts using fundamental securities analysis and asset-allocation strategies, and also advises pooled investment vehicles and private funds focused on venture capital and private equity.
Razvan R
CFP®, Series 63, Series 65
Mission Viejo, CA
SP Asset Management LLC
Razvan Raicu is a CFP®-certified financial advisor with 13 years of industry experience. He is currently with SP Asset Management LLC and has previously worked at Morgan Stanley Smith Barney and Wells Fargo Advisors. SP Asset Management primarily serves high-net-worth individuals, pension and retirement plans, trusts, and business entities, offering discretionary portfolio management and financial planning. The firm employs fundamental securities analysis and asset-allocation strategies across various investment types, managing approximately $1.71 billion in client assets.
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