{"url":"https://nivawealth.com/firms/alden-investment-advisors-317077","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/317077","regulatoryAum":385691088,"crd":"317077","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"3118339","suffix":null,"lastName":"ALLEN","firstName":"JONATHAN","middleName":null},{"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":"4303751","suffix":null,"lastName":"COLLINS","firstName":"GUY","middleName":"ROGER"},{"crd":"1678486","suffix":null,"lastName":"COLORACCI","firstName":"CHRISTOPHER","middleName":"JOHN"},{"crd":"2099610","suffix":null,"lastName":"D'ALONZO","firstName":"DEREK","middleName":"RUDOLF"},{"crd":"4439624","suffix":null,"lastName":"DAVIS","firstName":"DEBORAH","middleName":"ANN"},{"crd":"6078817","suffix":null,"lastName":"DEVER","firstName":"J","middleName":"PIERCE"},{"crd":"1089311","suffix":null,"lastName":"Ellis","firstName":"John","middleName":"Ramsay"},{"crd":"5125793","suffix":"JR","lastName":"FALCO","firstName":"ANTHONY","middleName":"J."},{"crd":"1514477","suffix":null,"lastName":"GASTALDI","firstName":"JOSEPH","middleName":"DAVID"},{"crd":"5818353","suffix":null,"lastName":"GIANNONE","firstName":"ANDREW","middleName":"J"},{"crd":"2917334","suffix":null,"lastName":"GIBBS","firstName":"DAVID","middleName":"ALLEN"},{"crd":"1627207","suffix":null,"lastName":"GIPSON-FITZPATRICK","firstName":"WENDY","middleName":"LESA"},{"crd":"5421740","suffix":null,"lastName":"GOAD","firstName":"NATHAN","middleName":"DANIEL"},{"crd":"2878037","suffix":null,"lastName":"HINKLE","firstName":"SCOTT","middleName":"BRIAN"},{"crd":"4894872","suffix":null,"lastName":"Kucish","firstName":"Courtney","middleName":"Ann"},{"crd":"4401092","suffix":null,"lastName":"Kucish","firstName":"Delaina","middleName":"Sue"},{"crd":"1385069","suffix":null,"lastName":"LANSING","firstName":"ROBERT","middleName":"ARTHUR"},{"crd":"5509469","suffix":null,"lastName":"LENSING","firstName":"JOHN","middleName":"MARTIN"},{"crd":"5878132","suffix":null,"lastName":"MASLOWSKY","firstName":"ERIC","middleName":"SCOTT"},{"crd":"2077227","suffix":null,"lastName":"MASRI","firstName":"GUSTAVO","middleName":"ISAAC"},{"crd":"5099279","suffix":"JR.","lastName":"MCCRACKEN","firstName":"ANTHONY","middleName":"VEKONY"},{"crd":"7001229","suffix":null,"lastName":"Miles","firstName":"Marques","middleName":"Dalon"},{"crd":"5378924","suffix":"JR","lastName":"MULQUEEN","firstName":"JOHN","middleName":"FRANCIS"},{"crd":"2621955","suffix":null,"lastName":"NEWMAN","firstName":"SEAN","middleName":"TRAVIS"},{"crd":"8008969","suffix":null,"lastName":"Obin","firstName":"Gregory","middleName":"Andrew"},{"crd":"6129929","suffix":null,"lastName":"Oprean","firstName":"Jacqueline","middleName":"M"},{"crd":"7206447","suffix":"Jr.","lastName":"Patterson","firstName":"Stephen","middleName":"Douglas"},{"crd":"2431286","suffix":null,"lastName":"QUILLEN","firstName":"JAMES","middleName":"ERIC"},{"crd":"3094276","suffix":null,"lastName":"RESCH","firstName":"MATTHEW","middleName":"THOMAS"},{"crd":"3228730","suffix":null,"lastName":"SCOTT","firstName":"JAMES","middleName":"ROBERT"},{"crd":"6514406","suffix":null,"lastName":"Seifert","firstName":"Anthony","middleName":"J"},{"crd":"4990936","suffix":null,"lastName":"Sennett","firstName":"Nicole","middleName":"Elizabeth"},{"crd":"4934701","suffix":null,"lastName":"Sirayathorn","firstName":"Patrick","middleName":"James"},{"crd":"3176835","suffix":null,"lastName":"VAN 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No rate is stated in the brochure.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029069","versionId":1029069,"submittedOn":"2026-03-27","documentName":"ADV PART 2B"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T11:07:29.817847+00:00","documents":[{"name":"ADV PART 2B","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029069","versionId":1029069,"submittedOn":"2026-03-27"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Orlando, FL","smaAssets":246743502},{"name":"Interactive Brokers Corp.","shortName":"Interactive Brokers","location":"Greenwich, CT","smaAssets":2715675}],"custodyNote":"Alden Investment Advisors does not have custody of client assets.","leadership":[{"name":"Lee Calfo","title":"Chief Executive Officer","crd":"4782334"},{"name":"John Mulqueen","title":"Chief Operating Officer","crd":"5378924"},{"name":"Karen Van Horn","title":"Chief Compliance Officer","crd":"3176835"},{"name":"Aaron Williams","title":"Managing Director","crd":"6862309"}],"ownership":[{"label":"Alden Partners LLC","detail":"Owner in the 75% or more ownership band and a control person, since October 2021."},{"label":"Lee Calfo","detail":"Indirect owner: a chief executive officer of Alden Partners LLC in the 50% to 75% band and a control person, since October 2021.","parent":"Alden Partners LLC"}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Pennsylvania","offices":2,"addresses":[{"street":"37 West Avenue, Suite 301","city":"Wayne","headquarters":true},{"street":"48 West Oakland Avenue","city":"Doylestown"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"215-572-8700","stateRegisteredReps":0,"otherAdviserReps":1,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":55},{"label":"Securities issued by registered investment companies or business development companies","percent":44},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"2 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/317077/PDF/317077.pdf","brochureDate":"27 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029069","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Alden Investment Advisors have?","answer":"Alden Investment Advisors has 1,460 clients and manages $386 million for them, as of September 2026. They include 1,350 individual clients, 107 high-net-worth individuals, and 3 pension and profit-sharing plans.","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 Investment Advisors offer?","answer":"Alden Investment Advisors provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Alden Investment Advisors use?","answer":"Alden Investment Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Orlando, FL), with $247M and Interactive Brokers Corp. (Greenwich, CT), with $2.72M. 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 Investment Advisors have?","answer":"Alden Investment Advisors has 0 investment adviser representatives registered with state securities authorities, out of 43 employees, and 38 perform investment advisory functions. 37 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 Investment Advisors invest in?","answer":"At the end of its last fiscal year, Alden Investment Advisors’ separately managed accounts held 55% exchange-traded equities, 44% registered funds (mutual funds, ETFs, BDCs) and 1% cash and equivalents.","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 Investment Advisors?","answer":"Alden Investment Advisors 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 Investment Advisors get paid?","answer":"Alden Investment Advisors 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 Investment Advisors registered with the SEC?","answer":"Yes, Alden Investment Advisors has been registered with the SEC as an investment adviser since 12 November 2021. Its CRD number is 317077 and its SEC file number is 801-122688.","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 Investment Advisors?","answer":"Alden Investment Advisors’ main office is at 37 West Avenue, Suite 301, Wayne, PA 19087-3226. 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."}