Alpha Wealth Funds provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, publishing newsletters, and educational seminars. Financial planning was provided to 51–100 clients last fiscal year. The firm advises 5 private funds.
Alpha Wealth Funds reports 303 clients. They include 197 individual clients, 77 high-net-worth individuals and 23 other clients. Of its assets, 77.8% ($167M across 418 accounts) are managed with discretion; $47.5M across 24 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 13% |
| High-net-worth individuals | 25% | 18% |
| Pooled investment vehicles | 1% | 46% |
| Charitable organizations | <1% | <1% |
| Other investment advisers | <1% | 16% |
| Other client typesOther | 8% | 6% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 197 | $28.3M | 13.2% | $144K |
| High-net-worth individuals | 77 | $39.2M | 18.3% | $510K |
| Pooled investment vehicles | 4 | $98.2M | 45.8% | $24.5M |
| Charitable organizations | 1 | $926K | 0.4% | $926K |
| Other investment advisers | 1 | $35M | 16.3% | $35M |
| Other | 23 | $12.5M | 5.8% | $544K |
| Total | 303 | $214M | 100% | $707K |
- Clients
- 197
- Regulatory AUM
- $28.3M
- AUM share
- 13.2%
- Avg. per client
- $144K
- Clients
- 77
- Regulatory AUM
- $39.2M
- AUM share
- 18.3%
- Avg. per client
- $510K
- Clients
- 4
- Regulatory AUM
- $98.2M
- AUM share
- 45.8%
- Avg. per client
- $24.5M
- Clients
- 1
- Regulatory AUM
- $926K
- AUM share
- 0.4%
- Avg. per client
- $926K
- Clients
- 1
- Regulatory AUM
- $35M
- AUM share
- 16.3%
- Avg. per client
- $35M
- Clients
- 23
- Regulatory AUM
- $12.5M
- AUM share
- 5.8%
- Avg. per client
- $544K
Total
- Clients
- 303
- Regulatory AUM
- $214M
- AUM share
- 100%
- Avg. per client
- $707K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 5
- Financial planning clients last fiscal year
- 51–100
Alpha Wealth Funds is paid through a percentage of assets under management, hourly charges, subscription fees, fixed fees (other than subscription fees), commissions, performance-based fees and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Chase Thomas owns 75% or more of Alpha Wealth Funds. It has 11 employees.
Leadership
- Aimee SpencerCCO
- Chase ThomasOwner
Investment adviser representatives
12 representatives listed in the SEC register as of 9 October 2026.
- Preston Bell
- Jenny Lyn Bober
- Clark Felt
- Karyn Graff
- Kody Rand Myers
- Dominic Ross
- Harvey Warren Sax
- Aimee Jackson Spencer
- Cameron James Thomas
- Chase Richard Thomas
- Jayden Vaughn Thomas
- Evan Zollinger
Staff
- 11 employees
- 11 in advisory functions
- 11 state-registered reps
- 5 insurance agents
- 1 soliciting firm
- Owns 75% or more of Alpha Wealth Funds, LLC
Chase Thomas
Control person · since March 2018
Alpha Wealth Funds’ regulatory assets grew 1.8× from $119M (May 2025) to $214M (June 2026); clients rose from 232 to 303 and employees from 9 to 11.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $214M | 303 | 11 | 1 |
| May 2025 | $119M | 232 | 9 | 1 |
Besides its headquarters, Alpha Wealth Funds has 0 offices, with 1 listed address in Utah.
Utah · 1 listed address
- 1887 Gold Dust Lane, Suite 203 A, Park CityHQ
Contact and registration details
- Legal name
- Alpha Wealth Funds, LLC
- Headquarters
- 1887 Gold Dust Lane, Suite 203 A, Park City, UT 84060
- Website
- alphawealthfunds.com
- Phone
- 435-269-4100
- SEC file
- 801-132551
- Structure
- Utah LLC
- Fiscal year end
- December
Alpha Wealth Funds uses Interactive Brokers ($141M, 70%), Charles Schwab ($42.6M, 21%) and Tradestation Securities ($17.8M, 9%) as custodians for its separately managed accounts. Alpha Wealth Funds has custody of $98.2M in client assets for 4 clients.
- Interactive BrokersInteractive Brokers LLC · Greenwich, CT · $141M70%
- Tradestation SecuritiesTradestation Securities, Inc. · Plantation, FL · $17.8M9%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $42.6M21%
At year end, Alpha Wealth Funds’ separately managed accounts were mostly in stocks (86%). Its reported 13F holdings for the quarter ended 30 June 2026 total $183M across 63 positions; the largest are iShares TR (67.1%), SPDR S&P 500 ETF TR (call option) (10.8%) and SPDR S&P 500 ETF TR (2.1%).
What the accounts hold
- Stocks86%
- Bonds1%
- Cash3%
- Other10%
- Derivatives10%
Reported 13F holdings
- $183M
- Reported 13F value
- 63
- Positions
- 86.9%
- In the 10 largest
- +22.9%
- Value vs. prior quarter
- iShares TR · 0-3 Mnth Treasry67.1%
- SPDR S&P 500 ETF TR · CallCall10.8%
- SPDR S&P 500 ETF TR · TR Unit2.1%
- iShares TR · Iboxx Inv CP ETF1.2%
- Vaneck ETF Trust · Bdc Income ETF1.2%
- FS KKR Cap Corp.1.0%
- Energy Transfer L P · Com UT Ltd Ptn0.9%
- United Sts Oil FD LP · UsoCall0.9%
- SPDR S&P Midcap 400 ETF TR · Utser1 S&pdcrp0.9%
- Rockwell Automation Inc.0.8%
Together, the ten largest are 86.9% of reported value.
How many clients does Alpha Wealth Funds have?
Alpha Wealth Funds has 303 clients and manages $214 million for them, as of June 2026. They include 197 individual clients, 77 high-net-worth individuals and 23 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 June 2026
What services does Alpha Wealth Funds offer?
Alpha Wealth Funds provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Alpha Wealth Funds use?
Alpha Wealth Funds’ separately managed account assets are held at Interactive Brokers LLC (Greenwich, CT), with $141M, Charles Schwab & Co., Inc. (Westlake, TX), with $42.6M and Tradestation Securities, Inc. (Plantation, FL), with $17.8M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 June 2026
How many financial advisors does Alpha Wealth Funds have?
Alpha Wealth Funds has 11 investment adviser representatives registered with state securities authorities, out of 11 employees, and 11 perform investment advisory functions. 0 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
What does Alpha Wealth Funds invest in?
At the end of its last fiscal year, Alpha Wealth Funds’ separately managed accounts held 86% exchange-traded equities, 10% derivatives, 3% cash and equivalents and 1% U.S. government and agency bonds. It advises 5 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Alpha Wealth Funds?
Alpha Wealth Funds’ direct owner is Chase Thomas (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 June 2026
How does Alpha Wealth Funds get paid?
Alpha Wealth Funds is paid through a percentage of assets under management, hourly charges, subscription fees, fixed fees, commissions, performance-based fees and other compensation.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Alpha Wealth Funds?
Alpha Wealth Funds’ main office is at 1887 Gold Dust Lane, Suite 203 A, Park City, UT 84060. Its phone number is 435-269-4100. Its website is alphawealthfunds.com.