Spark Wealth Advisors is a registered investment advisor founded in 2022 and based in Jacksonville, Florida. The firm specializes in personalized investment management and financial planning for individuals, families, and business owners. Spark Wealth Advisors primarily practices passive investment management using low-cost index mutual funds and exchange-traded funds, tailored to each client's specific goals, risk tolerance, and tax considerations. In addition to investment management, the firm provides ongoing comprehensive financial planning through a monthly subscription model, as well as project-based limited scope financial planning through quick-start programs covering retirement, cash flow, insurance, employee benefits, and estate planning coordination. Spark Wealth Advisors operates as a fiduciary, legally required to act in the best interest of its clients.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $2.0M | 1.00% |
| $2M+ | 0.80% |
Fees are negotiable in certain cases. Accounts under $500,000 are subject to a minimum annual fee of $5,000. Fees may be waived on high-yield savings accounts and short-term liquidity accounts.
