Spirit Investment Advisors
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
The firm provides discretionary investment management to individuals and small businesses, constructing customized portfolios that may include individual stocks and bonds, exchange‑traded funds, and mutual funds, and it also serves pension and profit‑sharing plan clients. It manages a small client base (12 clients) with approximately $22.3 million in assets under management and does not state a minimum account size.
The firm’s investment process combines quantitative and fundamental analysis within a Modern Portfolio Theory framework focused on diversification, periodic rebalancing, and both long‑ and short‑term holdings. The advisor requires clients to use its recommended custodian and discloses use of broker relationships that may provide research or other benefits; accounts are managed on a discretionary basis with at least annual reviews.
Noteworthy features include the firm’s recent formation in 2023 as a sole practitioner and the relatively high assets‑per‑client profile compared with many independent solo firms. The principal owner is a licensed insurance agent who sells insurance for commission (without offsetting advisory fees) and the brochure discloses a 2017 no‑contest plea to a misdemeanor petty theft charge, which the firm invites clients to discuss.
Client services
Expertise
Fee options
$0 - $1,000,000: 1.50% $1,000,001+: 1.00%
Main office
Henderson NV
Advisors at this office
1
Most active in
California · Nevada
Also doing business as
Levy, David Jonathan Dba Spirit Investment Advisors · Levy, David, Jonathan · Spirit Investment Advisors
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.
Forms ADV
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