SPA formerly served as an investment manager for institutional clients (including 12 Taft-Hartley and Union related plans) representing an aggregate portfolio of $3.7 billion of assets. SPA offered a full range of investment management services as a Qualified Professional Asset Manager.
As a QPAM, SPA received client allocations for real estate equity, fixed income, mortgage-backed fixed income investments, infrastructure funds, and index funds.
In January 2016, SPA resigned as an investment manager for these clients and withdrew its registration as a Registered Investment Adviser with the SEC which it held from 1987. SPA currently serves institutional clients as a non-registered investment adviser.
In addition, SPA currently provides consulting services to two registered investment managers.