Spar Cove Associates, Inc. (Dover)


Spar Cove Associates, Inc. is an adviser based in Dover. It manages $20.26 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of New Hampshire.

Spar Cove Associates provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Spar Cove Associates: assets under management

The assets under management (AUM) of Spar Cove Associates, Inc. is $20.26 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $20.26 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.13 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Spar Cove Associates, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Spar Cove Associates, Inc.

Thomas Habib Saliba has been acting as President since 1 Nov 1985. Glenn Phillip Johnson joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Thomas Habib Saliba President/ceo 1 Nov 1985 75% - 100% 5128004
Glenn Phillip Johnson Chief compliance officer 1 Jan 2006 Other 3159298

Based in Dover

The principal office where Spar Cove Associates, Inc. performs its advisory services is located at 53 Clearwater Drive, Dover, NH 03820, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 603-238-6330 or by fax 603-845-3539. The normal business hours are by appointment only on Monday - Friday.