# Blue Spruce Global Advisors

Blue Spruce Global Advisors is a Multi Family Office based in Franklin Lakes, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Franklin Lakes, United States
- **Region:** North America
- **Address:** Franklin Lakes, United States
- **Assets under management:** Undisclosed
- **Website:** bsgallc.com

## Regulatory record

- **Reports private funds:** No

## About

Rakesh Bhargava established Blue Spruce Global Advisors after prior roles at Wachovia and Smith Barney. The firm functions as a multi-family office delivering tailored investment strategy and risk management. Blue Spruce allocates across hedge funds, residential real estate, commodities, and energy MLPs. It maintains geographic reach in Asia alongside its US base. Confirmed sector exposure includes FinTech, Healthcare Services, and Media & Entertainment. The team includes Scott D. Frank, a CAIA charterholder. Rakesh Bhargava participates in the IIT Kanpur Alumni Association and previously served on the American Heart Association Hudson County Chapter board. No recent operational events from the last 24 months are recorded. The firm’s structure centers on direct advisory relationships rather than external fund vehicles.

## Sectors

- FinTech
- Healthcare Services
- Media & Entertainment

## People

- Rakesh Bhargava — Founder, Chairman, and CEO
- Scott D. Frank — Business Partner

## Questions

### Who runs investment decisions at Blue Spruce Global Advisors?

Rakesh Bhargava serves as Founder, Chairman, and CEO. Scott D. Frank participates as a business partner and CAIA charterholder.

### What asset classes does Blue Spruce Global Advisors deploy into?

The firm holds positions in hedge funds, US apartment complexes, commodities, and oil and gas master limited partnerships.

### Which regions does Blue Spruce Global Advisors cover?

Blue Spruce maintains investment activity in Asia and the United States.

### Does Blue Spruce Global Advisors operate as a single or multi-family office?

Blue Spruce Global Advisors functions as a multi-family office serving multiple high-net-worth clients and families.

### What professional networks is the founder affiliated with?

Rakesh Bhargava is active in the IIT Kanpur Alumni Association and previously served on the American Heart Association Hudson County Chapter board.

## Related profiles

- [Bluesphere Advisors](https://altss.com/profile/bluesphere-advisors)
- [Blue Square Asset Management](https://altss.com/profile/blue-square-asset-management)

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Updated: 2026-06-03T20:00:00.000Z

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