Altman Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, estate planning, family office services, insurance, philanthropic planning, and tax planning.
Altman Advisors reports 184 clients. They include 105 high-net-worth individuals and 79 individual clients. Of its assets, 100.0% ($483M across 553 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $1.36B.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 43% | 4% |
| High-net-worth individuals | 57% | 95% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 79 | $19.9M | 4.1% | $251K |
| High-net-worth individuals | 105 | $461M | 95.5% | $4.39M |
| Pension and profit-sharing plans | Fewer than 5 | $2.1M | 0.4% | — |
| Total | 184 | $483M | 100% | — |
- Clients
- 79
- Regulatory AUM
- $19.9M
- AUM share
- 4.1%
- Avg. per client
- $251K
- Clients
- 105
- Regulatory AUM
- $461M
- AUM share
- 95.5%
- Avg. per client
- $4.39M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.1M
- AUM share
- 0.4%
- Avg. per client
- —
Total
- Clients
- 184
- Regulatory AUM
- $483M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Altman Advisors charges 0.50%–1.50% a year for its Wrap Family Office Services. The fee is negotiable and requires an account of at least $5,000,000. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning & Consulting
- Financial planning and consulting are billed hourly at up to $500, or as a flat fee of up to $25,000, with a retainer of up to 50% of the fee.
- Retirement Plan Consulting
- Retirement plan consulting is billed on managed plan assets at up to 1.00%, with terms set in the signed consulting agreement.
The Benjamin M. Altman Trust Ua 02/09/2017 owns 75% or more of Altman Advisors. The leadership team of Altman Advisors includes Chief Compliance Officer Benjamin Altman. It has 13 employees, 7 of them in advisory roles.
Staff
- 13 employees
- 7 in advisory functions
- 6 state-registered reps
- 1 insurance agent
- Owns 75% or more of Altman Advisors, Inc
The Benjamin M. Altman Trust Ua 02/09/2017
Control person · since April 2021
Benjamin Altman
Trustee · Control person · since February 2017
Altman Advisors’ regulatory assets grew 1.6× from $302M (May 2021) to $483M (July 2026); clients rose from 169 to 184 and employees from 3 to 13.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $483M | 184 | 13 | 1 |
| Mar 2025March 2025 | $428M | 183 | 13 | 1 |
| Apr 2024April 2024 | $373M | 176 | 12 | 1 |
| May 2023May 2023 | $317M | 168 | 9 | 1 |
| Apr 2022April 2022 | $352M | 177 | 6 | 1 |
| May 2021May 2021 | $302M | 169 | 3 | 1 |
Besides its headquarters, Altman Advisors has 0 offices, with 1 listed address in 1 state.
Illinois · 1 listed address
- 233 S Wacker DR., Suite 9750, ChicagoHQ
Contact and registration details
- Legal name
- Altman Advisors, Inc
- Headquarters
- 233 S Wacker DR., Suite 9750, Chicago, IL 60606
- Website
- altmanadvisors.com
- Phone
- 312-759-7801
- @altman-advisors
- SEC file
- 801-108135
- Founded
- 2016
- Structure
- Delaware corporation
- Fiscal year end
- December
Altman Advisors’ named custodian for separately managed accounts is Charles Schwab ($455M). Altman Advisors has custody of $404M for 164 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $455M100%
At year end, Altman Advisors’ separately managed accounts were mostly in stocks (53%) and bonds (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $279M across 93 positions; the largest are iShares TR (7.2%), Nvidia Corporation (4.5%) and Alphabet Inc. (4.3%).
What the accounts hold
- Stocks53%
- Exchange-traded equities47%
- Non-exchange-traded equities6%
- Funds22%
- Bonds24%
- Investment grade corporate bonds12%
- State and local bonds10%
- High-yield corporate bonds2%
- Cash1%
How many clients does Altman Advisors have?
Altman Advisors has 184 clients and manages $483 million for them, as of July 2026. They include 105 high-net-worth individuals and 79 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026
What services does Altman Advisors offer?
Altman Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, estate planning, family office services, insurance, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Altman Advisors charge?
Altman Advisors charges 0.50%–1.50% a year for its Wrap Family Office Services. The fee is negotiable and requires an account of at least $5,000,000.
Source: CONSOLIDATED FIRM/ WRAP BROCHURE, filed 18 March 2026
Which custodians does Altman Advisors use?
Altman Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $455M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 July 2026
How many financial advisors does Altman Advisors have?
Altman Advisors has 6 investment adviser representatives registered with state securities authorities, out of 13 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Altman Advisors invest in?
At the end of its last fiscal year, Altman Advisors’ separately managed accounts held 47% exchange-traded equities, 22% registered funds (mutual funds, ETFs, BDCs), 12% investment grade corporate bonds, 10% state and local bonds, 6% non-exchange-traded equities, 2% high-yield corporate bonds 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
Does Altman Advisors have a minimum investment?
Yes, Altman Advisors’ minimum account size for its Wrap Family Office Services is $5M.
Source: CONSOLIDATED FIRM/ WRAP BROCHURE, filed 18 March 2026
Who owns Altman Advisors?
Altman Advisors’ direct owner is the Benjamin M. Altman Trust Ua 02/09/2017 (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 July 2026
How does Altman Advisors get paid?
Altman Advisors 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 Altman Advisors?
Altman Advisors’ main office is at 233 S Wacker DR., Suite 9750, Chicago, IL 60606. Its phone number is 312-759-7801. Its website is altmanadvisors.com.
