Altrius Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, pension consulting, educational seminars, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 500 clients last fiscal year.
Altrius Capital Management reports 512 clients. They include 250 individual clients, 249 high-net-worth individuals, and 12 pension and profit-sharing plans. Of its assets, 97.5% ($698M across 1,376 accounts) are managed with discretion; $18M across 55 accounts are not. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 49% | 10% |
| High-net-worth individuals | 49% | 86% |
| Investment companies | <1% | 2% |
| Pension and profit-sharing plans | 2% | 2% |
| Charitable organizations | Fewer than 5 | <1% |
| Other client typesOther investment advisers | Not reported | <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) | 250 | $68.3M | 9.5% | $273K |
| High-net-worth individuals | 249 | $616M | 86.0% | $2.47M |
| Investment companies | 1 | $14.3M | 2.0% | $14.3M |
| Pension and profit-sharing plans | 12 | $17M | 2.4% | $1.41M |
| Charitable organizations | Fewer than 5 | $160K | 0.0% | — |
| Other investment advisers | Fewer than 5 | $397K | 0.1% | — |
| Total | 512 | $716M | 100% | — |
- Clients
- 250
- Regulatory AUM
- $68.3M
- AUM share
- 9.5%
- Avg. per client
- $273K
- Clients
- 249
- Regulatory AUM
- $616M
- AUM share
- 86.0%
- Avg. per client
- $2.47M
- Clients
- 1
- Regulatory AUM
- $14.3M
- AUM share
- 2.0%
- Avg. per client
- $14.3M
- Clients
- 12
- Regulatory AUM
- $17M
- AUM share
- 2.4%
- Avg. per client
- $1.41M
- Clients
- Fewer than 5
- Regulatory AUM
- $160K
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $397K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 512
- Regulatory AUM
- $716M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 500
Altrius Capital Management charges 0.80%–1.40% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.40% |
| $500K–$1M | 1.00% |
| $1M and above | 0.80% |
Fee details and sources
Other fees
- Advisory Consulting Services
- Fees are negotiated case by case and set out in a written engagement letter; the brochure states no rate.
James Russo owns 75% or more of Altrius Capital Management. The leadership team of Altrius Capital Management includes President James Russo. It has 12 employees, 8 of them in advisory roles.
Leadership
- James RussoPresident, CEO, and Chief Compliance Officer
- Sharon BoydChief Technical Officer
- Claudia CardenasChief Operations Officer
Brady GingrichPortfolio Manager
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 12 employees
- 8 in advisory functions
- 5 state-registered reps
- Owns 75% or more of Altrius Capital Management, Inc.
James Russo
Control person · since February 1997
Altrius Capital Management’s regulatory assets grew 1.9× from $372M (March 2021) to $716M (March 2026); clients rose from 420 to 512 and employees from 10 to 12.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $716M | 512 | 12 | 2 |
| July 2025 | $627M | 491 | 13 | 2 |
| March 2024 | $587M | 503 | 13 | 2 |
| July 2023 | $459M | 499 | 13 | 3 |
| May 2022 | $446M | 434 | 12 | 3 |
| March 2021 | $372M | 420 | 10 | 3 |
Besides its headquarters, Altrius Capital Management has 1 office, with 2 listed addresses in Michigan and North Carolina.
Michigan · 1 listed address
- 39555 Orchard Hill PL, Suite 600, NoviHQ
North Carolina · 1 listed address
- 525 S. White Street, Wake Forest
Contact and registration details
- Legal name
- Altrius Capital Management, Inc.
- Headquarters
- 39555 Orchard Hill PL, Suite 600, Novi, MI 48375
- Website
- altrius-capital.com
- Phone
- 252-638-7598
- @altrius-capital-management-inc-
- SEC file
- 801-63153
- Founded
- 1997
- Structure
- North Carolina corporation
- Fiscal year end
- December
Altrius Capital Management uses Charles Schwab ($716M) as custodian for its separately managed accounts. Altrius Capital Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $716M100%
At year end, Altrius Capital Management’s separately managed accounts were mostly in stocks (64%) and bonds (32%).
What the accounts hold
- Stocks64%
- Funds2%
- Bonds32%
- High-yield corporate bonds23%
- U.S. government and agency bonds6%
- Investment grade corporate bonds2%
- State and local bonds1%
- Cash2%
How many clients does Altrius Capital Management have?
Altrius Capital Management has 512 clients and manages $716 million for them, as of March 2026. They include 250 individual clients, 249 high-net-worth individuals, and 12 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 March 2026
What services does Altrius Capital Management offer?
Altrius Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, pension consulting, educational seminars, education planning, estate planning, 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 Altrius Capital Management charge?
Altrius Capital Management charges 0.80%–1.40% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: ALTRIUS CAPITAL MANAGEMENT, INC. ADV BROCHURE, filed 14 October 2026
Which custodians does Altrius Capital Management use?
Altrius Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $716M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 March 2026
How many financial advisors does Altrius Capital Management have?
Altrius Capital Management has 5 investment adviser representatives registered with state securities authorities, out of 12 employees, and 8 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 Altrius Capital Management invest in?
At the end of its last fiscal year, Altrius Capital Management’s separately managed accounts held 64% exchange-traded equities, 23% high-yield corporate bonds, 6% U.S. government and agency bonds, 2% investment grade corporate bonds, 2% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Altrius Capital Management?
Altrius Capital Management’s direct owner is James Russo (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 6 March 2026
How does Altrius Capital Management get paid?
Altrius Capital Management is paid through a percentage of assets under management. 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
Is Altrius Capital Management registered with the SEC?
Yes, Altrius Capital Management has been registered with the SEC as an investment adviser since 27 May 2004. Its CRD number is 121529 and its SEC file number is 801-63153.
Source: Form ADV Part 1A, Item 1, filed 6 March 2026; IAPD firm record
How do I contact Altrius Capital Management?
Altrius Capital Management’s main office is at 39555 Orchard Hill PL, Suite 600, Novi, MI 48375. Its phone number is 252-638-7598. Its website is altrius-capital.com.