{"url":"https://nivawealth.com/firms/alpha-investment-consulting-group-139721","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/139721","regulatoryAum":713594230,"crd":"139721","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1005454","suffix":null,"lastName":"BUKOWSKI","firstName":"ROBERT","middleName":"JOHN"},{"crd":"6045691","suffix":null,"lastName":"JONES","firstName":"ANTHONY","middleName":"JOSEPH"},{"crd":"6772109","suffix":null,"lastName":"Ramer","firstName":"Julia","middleName":"C"}],"total":3,"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":"2021-03-25","regulatoryAum":394191439,"clients":5,"employees":8,"offices":1},{"filedOn":"2022-03-22","regulatoryAum":458658880,"clients":0,"employees":8,"offices":1},{"filedOn":"2023-03-24","regulatoryAum":465353967,"clients":0,"employees":8,"offices":1},{"filedOn":"2024-03-21","regulatoryAum":560489500,"clients":69,"employees":8,"offices":1},{"filedOn":"2025-03-17","regulatoryAum":635720897,"clients":67,"employees":8,"offices":1},{"filedOn":"2026-03-25","regulatoryAum":713594230,"clients":60,"employees":8,"offices":1}],"acquisitions":[{"date":"2012-05-31","datePrecision":"day","name":"M&i Investment Management","crd":"109802","source":"adv_w","dealType":"acquisition","sellerAum":null,"sellerAumDate":null,"sourceUrl":"https://adviserinfo.sec.gov/firm/summary/109802"}],"secFileNumber":"801-66652","legalName":"Alpha Investment Consulting Group, LLC","displayName":"Alpha Investment Consulting Group","slug":"alpha-investment-consulting-group-139721","website":"https://alpha-investment.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/alpha-investment-consulting-group/","xUrl":"https://x.com/AlphaInvest","founded":null,"organization":"Wisconsin limited liability company","fiscalYearEnd":"December","headquarters":{"street":"111 East Kilbourn Avenue, Suite 1600","city":"Milwaukee","state":"WI","stateName":"Wisconsin","country":"United States","postalCode":"53202"},"tradeNames":[],"registration":{"secApproved":"9 June 2006","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":873395.0714285715,"staff":{"employees":8,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":713594230,"discretionary":713594230,"discretionaryAccounts":11,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":49},"clientTypes":[{"label":"High-net-worth individuals","clients":14,"regulatoryAum":12227531},{"label":"Pension and profit-sharing plans","clients":27,"regulatoryAum":559368170},{"label":"Charitable organizations","clients":19,"regulatoryAum":141998529}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Transamerica Financial Advisors, LLC","shortName":"Transamerica Financial Advisors","location":"St. Petersburg, FL","smaAssets":351368170},{"name":"Fifth Third Bank, National Association","shortName":"Fifth Third Bank, National Association","location":"Cincinnati, OH","smaAssets":86609745},{"name":"Voya Institutional Trust Company","shortName":"Voya","location":"Denver, CO","smaAssets":193021801}],"custodyNote":"Alpha Investment Consulting Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Robert Bukowski","title":"Senior Consultant, Chief Compliance Officer and Sole Member","crd":"1005454"}],"ownership":[{"label":"Robert Bukowski","detail":"Senior consultant, chief compliance officer and sole member in the 75% or more ownership band and a control person, since May 2013."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Wisconsin","offices":1,"addresses":[{"street":"111 East Kilbourn Avenue, Suite 1600","city":"Milwaukee","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"414-319-4100","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Pension consulting services","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":100}],"privateFunds":0},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/139721/PDF/139721.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Alpha Investment Consulting Group have?","answer":"Alpha Investment Consulting Group has 60 clients and manages $714 million for them, as of March 2026. They include 27 pension and profit-sharing plans, 19 charitable organizations, and 14 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Alpha Investment Consulting Group offer?","answer":"Alpha Investment Consulting Group provides pension consulting.","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 Alpha Investment Consulting Group use?","answer":"Alpha Investment Consulting Group’s separately managed account assets are held at Transamerica Financial Advisors, LLC (St. Petersburg, FL), with $351M, Voya Institutional Trust Company (Denver, CO), with $193M and Fifth Third Bank, National Association (Cincinnati, OH), with $86.6M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Alpha Investment Consulting Group have?","answer":"Alpha Investment Consulting Group has 3 investment adviser representatives registered with state securities authorities, out of 8 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Alpha Investment Consulting Group invest in?","answer":"At the end of its last fiscal year, Alpha Investment Consulting Group’s separately managed accounts held 100% registered funds (mutual funds, ETFs, BDCs).","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 Alpha Investment Consulting Group?","answer":"Alpha Investment Consulting Group’s direct owner is Robert Bukowski (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Alpha Investment Consulting Group get paid?","answer":"Alpha Investment Consulting Group 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":"How do I contact Alpha Investment Consulting Group?","answer":"Alpha Investment Consulting Group’s main office is at 111 East Kilbourn Avenue, Suite 1600, Milwaukee, WI 53202. Its phone number is 414-319-4100. Its website is alpha-investment.com.","source":"Form ADV Part 1A, Item 1.F, filed 25 March 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."}