{"url":"https://nivawealth.com/firms/alden-capital-management-293551","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/293551","regulatoryAum":1515030643,"crd":"293551","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5870335","suffix":null,"lastName":"atkins","firstName":"william","middleName":"jude"},{"crd":"5173202","suffix":null,"lastName":"Burns","firstName":"Robert","middleName":"Emmett"},{"crd":"4782334","suffix":null,"lastName":"CALFO","firstName":"LEE","middleName":"ALBERT"},{"crd":"1374576","suffix":"MR.","lastName":"CHEBOOKJIAN","firstName":"RICHARD","middleName":"SHANT"},{"crd":"1678486","suffix":null,"lastName":"COLORACCI","firstName":"CHRISTOPHER","middleName":"JOHN"},{"crd":"5377397","suffix":null,"lastName":"COLUCCI","firstName":"JOHN","middleName":null},{"crd":"6078817","suffix":null,"lastName":"DEVER","firstName":"J","middleName":"PIERCE"},{"crd":"1837396","suffix":null,"lastName":"FISH","firstName":"ROBERT","middleName":"EDWARD"},{"crd":"5818353","suffix":null,"lastName":"GIANNONE","firstName":"ANDREW","middleName":"J"},{"crd":"7337963","suffix":null,"lastName":"LaFountain","firstName":"Paul","middleName":"Joseph"},{"crd":"5099279","suffix":"JR.","lastName":"MCCRACKEN","firstName":"ANTHONY","middleName":"VEKONY"},{"crd":"5378924","suffix":"JR","lastName":"MULQUEEN","firstName":"JOHN","middleName":"FRANCIS"},{"crd":"2492391","suffix":null,"lastName":"PEPPERMAN","firstName":"JAMES","middleName":"NENDEL"},{"crd":"4357615","suffix":null,"lastName":"PETERS","firstName":"FREDERICK","middleName":"CHARLES"},{"crd":"3094276","suffix":null,"lastName":"RESCH","firstName":"MATTHEW","middleName":"THOMAS"},{"crd":"2476975","suffix":null,"lastName":"SCHROEDER","firstName":"KATHLEEN","middleName":"ELIZABETH"},{"crd":"426680","suffix":null,"lastName":"SMALL","firstName":"WILLIAM","middleName":"ROSS"},{"crd":"3176835","suffix":null,"lastName":"VAN HORN","firstName":"KAREN","middleName":"M."},{"crd":"1401644","suffix":null,"lastName":"Wiener","firstName":"Craig","middleName":"M"}],"total":19,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-05-24","regulatoryAum":478187079,"clients":909,"employees":10,"offices":6},{"filedOn":"2022-04-28","regulatoryAum":672310127,"clients":1348,"employees":30,"offices":5},{"filedOn":"2023-05-02","regulatoryAum":603701382,"clients":761,"employees":20,"offices":5},{"filedOn":"2024-03-19","regulatoryAum":657249584,"clients":926,"employees":19,"offices":5},{"filedOn":"2025-06-18","regulatoryAum":1444147688,"clients":3147,"employees":24,"offices":5},{"filedOn":"2026-09-02","regulatoryAum":1515030643,"clients":2552,"employees":23,"offices":4}],"secFileNumber":"801-116941","legalName":"Alden Capital Management Inc.","displayName":"Alden Capital Management","slug":"alden-capital-management-293551","website":"https://aldeninvestmentgroup.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/293551/b838ccb92370776b-r1.webp","tone":"light","width":569,"height":200,"sourceUrl":"https://aldeninvestmentgroup.com/","sourceLabel":"Alden Capital, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Pennsylvania corporation","fiscalYearEnd":"December","headquarters":{"street":"37 West Ave, Suite 301","city":"Wayne","state":"PA","stateName":"Pennsylvania","country":"United States","postalCode":"19087"},"tradeNames":["Alden Investment Group","Cove Wealth Partners","Gipson - 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They include 2,321 individual clients, 183 high-net-worth individuals and 47 other clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 2 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Alden Capital Management offer?","answer":"Alden Capital Management provides portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Alden Capital Management charge?","answer":"Alden Capital Management charges up to 2.00% a year for its Customized Management. The fee is billed in arrears and is negotiable.","source":"ALDEN CAPITAL MANAGEMENT ADV PART 2A, filed 26 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Alden Capital Management use?","answer":"Alden Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $5.1B, Fidelity Distributors Company LLC (Smithfield, RI), with $108M, Interactive Brokers Corp. (Greenwich, CT), with $841K and Axos Clearing LLC (Omaha, NE), with $128K. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Alden Capital Management have?","answer":"Alden Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 23 employees, and 19 perform investment advisory functions. 19 employees are registered representatives of a broker-dealer and 5 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Alden Capital Management invest in?","answer":"At the end of its last fiscal year, Alden Capital Management’s separately managed accounts held 68% exchange-traded equities, 29% registered funds (mutual funds, ETFs, BDCs) and 3% cash and equivalents. It advises 1 private fund.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Alden Capital Management?","answer":"Alden Capital Management is owned through a holding company by Lee Calfo. Its direct owner is Alden Partners LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 2 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Alden Capital Management get paid?","answer":"Alden Capital Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Alden Capital Management registered with the SEC?","answer":"Yes, Alden Capital Management has been registered with the SEC as an investment adviser since 9 July 2019. Its CRD number is 293551 and its SEC file number is 801-116941.","source":"Form ADV Part 1A, Item 1, filed 2 September 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Alden Capital Management?","answer":"Alden Capital Management’s main office is at 37 West Ave, Suite 301, Wayne, PA 19087. Its phone number is 215-572-8700. Its website is aldeninvestmentgroup.com.","source":"Form ADV Part 1A, Item 1.F, filed 2 September 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}