Form ADV Part 3 – Client Relationship Summary
Date: 06/08/2020
If you would like a pdf version of our Regulatory Form ADV, please contact our office.
Item 1: Introduction
BLUE SPARK CAPITAL ADVISORS is an investment adviser registered with the Securities and Exchange Commission offering advisory accounts and financial planning services. Investment advisory services and fees differ, and we believe it is important that you understand the differences. This document gives you a summary of the types of services and fees we offer. Please visit www.investor.gov/CRS for free tools to research firms and for educational materials about broker-dealers, investment advisers, and investing.
Item 2: Relationships and Services
Questions to ask us: Given my financial situation, should I choose an investment advisory service? Why or why not? How will you choose investments to recommend to me? What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?
What investment services and advice can you provide me? Our firm primarily offers the following
investment advisory services to retail clients: portfolio management (we review your portfolio,
investment strategy, and investments as they relate to your financial plan) and financial planning
(we analyze and assess your financial situation and provide advice to meet your goals). They are
offered together not separately. As part of our standard services, we typically monitor client
accounts on a weekly or monthly basis. Our firm has discretionary management without any
material limitations, except any requested by our clients. We may limit the types of investments that
we recommend because not every type of investment vehicle is needed to create an appropriate
portfolio. Our minimum account size is $1,000,000. Please also see our Form ADV Part 2A
(“Brochure“) 4 & 7.
Item 3: Fees, Costs, Conflicts, and Standard of Conduct
Questions to ask us: Help me understand how fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me? How might your conflicts of interest affect me, and how will you address them?
What fees will I pay? Our fees are based on the amount of assets we manage. Additionally, the
amount in your account affects our advisory fee; the more assets you have in your advisory accounts, the more you will pay and thus we have an incentive to increase those assets in order to increase our fee. We do lower the percentage fee with higher account balances. All management fees are paid quarterly in arrears and include financial planning. You pay our fees for advice, even if you do not have any transactions, and the advisory fee paid to us does not vary based on the type of investments selected. For detailed information, please see Items 4, 5, 6, 7 & 8 of our Brochure.
Some investments (e.g., mutual funds, exchange-traded funds etc.) may impose additional fees (e.g., expense ratios) that reduce the value of your investment over time. The same goes for any additional fees you pay to a custodian. Additionally, you will pay transaction fees, if applicable, when we buy or sell an investment for your account. We often choose no-transaction or low-fee transaction and trading costs. You do pay these costs regardless of whether you make money on your investments. They will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. Please also see our Brochure for additional details.
What are your legal obligations to me when acting as my investment advisor?: We are fiduciary advisors. When we act as your investment advisor, we must act in your best interest and not put our interests ahead of yours. At the same time, the way we make money may create some conflicts with your interests. You should understand and ask us about any conflicts as they can affect the investment advice we provide you.
How do your financial professionals make money? Primarily, we and our financial professionals
receive our fees from the advisory services we provide to you. We do not charge commissions or
derive other income from your accounts. Please also see Item 10 of our Brochure for additional
details.
Item 4: Disciplinary History
Questions to ask us: As a financial professional, do you have any disciplinary history? For what type of conduct?
Do you or your financial professionals have legal or disciplinary history? We do not have any legal
history or disciplinary events. Visit https://www.investor.gov/ for a free, simple search tool to research our financial professionals.
Item 5: Additional Information
Questions to ask us: Who is my primary contact person? Is he or she a representative of an
investment adviser or a broker-dealer? Who can I talk to if I have concerns about how this person is treating me?
Your primary contact person is your financial advisor, an Investment Advisor Representative with
Blue Spark Capital Advisors, who has no affiliation with any broker-dealer. For additional
information, see our Brochure available at https://adviserinfo.sec.gov/firm/summary/159025 and
any individual brochure supplement your advisor provides. If you have any questions, need
additional up-to-date information, or want another copy of this Client Relationship Summary,
please contact us at 212-537-3899.
Exhibit A – Material Changes to Client Relationship Summary
This is the initial version of the Client Relationship Summary. There are no material changes.
If you would like a pdf version of our Regulatory Form ADV, please contact our office.
