Altamont Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Altamont Wealth Management reports 37 clients. They include 25 high-net-worth individuals, 7 individual clients and 5 charitable organizations. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $183M across 126 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 19% | 3% |
| High-net-worth individuals | 68% | 66% |
| Charitable organizations | 14% | 30% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 7 | $6.25M | 3.4% | $892K |
| High-net-worth individuals | 25 | $121M | 66.2% | $4.84M |
| Charitable organizations | 5 | $55.6M | 30.4% | $11.1M |
| Total | 37 | $183M | 100% | $4.94M |
- Clients
- 7
- Regulatory AUM
- $6.25M
- AUM share
- 3.4%
- Avg. per client
- $892K
- Clients
- 25
- Regulatory AUM
- $121M
- AUM share
- 66.2%
- Avg. per client
- $4.84M
- Clients
- 5
- Regulatory AUM
- $55.6M
- AUM share
- 30.4%
- Avg. per client
- $11.1M
Total
- Clients
- 37
- Regulatory AUM
- $183M
- AUM share
- 100%
- Avg. per client
- $4.94M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Altamont Wealth Management charges 0.55%–1.00% a year for its Portfolio Management. The fee is billed in arrears, is negotiable and has a $5,000 annual minimum. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Hourly Planning
- Hourly planning starts with a $600 initial consultation, then $300 an hour for further consulting time.
Elizabeth Mihalka owns 75% or more of Altamont Wealth Management. The leadership team of Altamont Wealth Management includes President Elizabeth Mihalka. It has 3 employees, 1 of them in advisory roles.
Staff
- 3 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Altamont Wealth Management, Inc.
Elizabeth Mihalka
Control person · since December 2007
Altamont Wealth Management’s regulatory assets grew from $172M (March 2021) to $183M (August 2026); clients rose from 24 to 37 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $183M | 37 | 3 | 1 |
| Mar 2025March 2025 | $173M | 39 | 2 | 1 |
| Mar 2024March 2024 | $167M | 32 | 2 | 1 |
| Mar 2023March 2023 | $155M | 28 | 2 | 1 |
| Mar 2022March 2022 | $183M | 27 | 2 | 1 |
| Mar 2021March 2021 | $172M | 24 | 2 | 1 |
Besides its headquarters, Altamont Wealth Management has 0 offices, with 1 listed address in 1 state.
California · 1 listed address
- 486 South K Street, LivermoreHQ
Contact and registration details
- Legal name
- Altamont Wealth Management, Inc.
- Headquarters
- 486 South K Street, Livermore, CA 94550-4515
- Website
- altamontwealth.com
- Phone
- 925-606-8181
- SEC file
- 801-111987
- Structure
- California corporation
- Fiscal year end
- December
Altamont Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($167M). Altamont Wealth Management has custody of $11.7M for 21 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $167M100%
At year end, Altamont Wealth Management’s separately managed accounts were mostly in funds (63%) and bonds (19%).
What the accounts hold
- Stocks7%
- Funds63%
- Registered funds54%
- Pooled vehicles9%
- Bonds19%
- State and local bonds15%
- U.S. government and agency bonds2%
- Investment grade corporate bonds1%
- High-yield corporate bonds1%
- Cash9%
- Other2%
- Derivatives2%
How many clients does Altamont Wealth Management have?
Altamont Wealth Management has 37 clients and manages $183 million for them, as of August 2026. They include 25 high-net-worth individuals, 7 individual clients and 5 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 August 2026
What services does Altamont Wealth Management offer?
Altamont Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Altamont Wealth Management charge?
Altamont Wealth Management charges 0.55%–1.00% a year for its Portfolio Management. The fee is billed in arrears, is negotiable and has a $5,000 annual minimum.
Source: ALTAMONT ADV PART 2A & 2B ANNUAL AMENDMENT V.03.18.26, filed 18 March 2026
Which custodians does Altamont Wealth Management use?
Altamont Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $167M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 August 2026
How many financial advisors does Altamont Wealth Management have?
Altamont Wealth Management has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 1 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
What does Altamont Wealth Management invest in?
At the end of its last fiscal year, Altamont Wealth Management’s separately managed accounts held 54% registered funds (mutual funds, ETFs, BDCs), 15% state and local bonds, 9% pooled vehicles (private funds and similar), 9% cash and equivalents, 7% exchange-traded equities, 2% U.S. government and agency bonds, 2% derivatives, 1% investment grade corporate bonds and 1% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Altamont Wealth Management?
Altamont Wealth Management’s direct owner is Elizabeth Mihalka (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 7 August 2026
How does Altamont Wealth Management get paid?
Altamont Wealth Management is paid through a percentage of assets under management, hourly charges 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
How do I contact Altamont Wealth Management?
Altamont Wealth Management’s main office is at 486 South K Street, Livermore, CA 94550-4515. Its phone number is 925-606-8181. Its website is altamontwealth.com.