Altus Wealth Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, business succession planning, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Altus Wealth Group reports 791 clients. They include 604 individual clients, 181 high-net-worth individuals, and 6 corporations and other businesses. Of its assets, 64.9% ($402M across 1,451 accounts) are managed with discretion; $218M across 888 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 76% | 25% |
| High-net-worth individuals | 23% | 73% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Charitable organizations | Fewer than 5 | 1% |
| Corporations and other businesses | <1% | <1% |
| Other client typesOther | 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) | 604 | $158M | 25.4% | $261K |
| High-net-worth individuals | 181 | $452M | 72.9% | $2.5M |
| Pension and profit-sharing plans | Fewer than 5 | $846K | 0.1% | — |
| Charitable organizations | Fewer than 5 | $7.16M | 1.2% | — |
| Corporations and other businesses | 6 | $1.98M | 0.3% | $331K |
| Other | Fewer than 5 | $449K | 0.1% | — |
| Total | 791 | $620M | 100% | — |
- Clients
- 604
- Regulatory AUM
- $158M
- AUM share
- 25.4%
- Avg. per client
- $261K
- Clients
- 181
- Regulatory AUM
- $452M
- AUM share
- 72.9%
- Avg. per client
- $2.5M
- Clients
- Fewer than 5
- Regulatory AUM
- $846K
- AUM share
- 0.1%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $7.16M
- AUM share
- 1.2%
- Avg. per client
- —
- Clients
- 6
- Regulatory AUM
- $1.98M
- AUM share
- 0.3%
- Avg. per client
- $331K
- Clients
- Fewer than 5
- Regulatory AUM
- $449K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 791
- Regulatory AUM
- $620M
- 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
Altus Wealth Group charges up to 2.00% a year for its Investment Management Fees. The fee is billed in advance, is negotiable and requires an account of at least $250,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Wealth Planning Fixed Fees
- Fixed fees for financial plans are agreed in advance and range from $1,000 to $10,000; consulting fees are negotiated and billed as services are rendered.
Bethemore Holdings, LLC owns 50% to 75% of Altus Wealth Group and is in turn owned by Dustin Bench (50–75%). It has 7 employees.
Staff
- 7 employees
- 7 in advisory functions
- 7 state-registered reps
- 4 broker-dealer reps
- 4 insurance agents
- Owns 50% to 75% of Altus Wealth Group, LLC
Bethemore Holdings, LLC
Control person · since May 2017
- Owns 50% to 75% of Bethemore Holdings, LLC
Dustin Bench
Control person · since May 2017
- Owns 50% to 75% of Altus Wealth Group, LLC
KDJP Holdings, LLC
Control person · since May 2017
- Owns 50% to 75% of KDJP Holdings, LLC
Nancy Mercado
Control person · since May 2017
Altus Wealth Group’s regulatory assets grew 2.3× from $270M (February 2021) to $620M (June 2026); clients rose from 630 to 791 and employees fell from 8 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jun 2026June 2026 | $620M | 791 | 7 | 2 |
| Feb 2025February 2025 | $573M | 779 | 7 | 2 |
| Feb 2024February 2024 | $445M | 722 | 10 | 2 |
| Jul 2023July 2023 | $386M | 724 | 9 | 2 |
| Mar 2022March 2022 | $380M | 722 | 8 | 3 |
| Feb 2021February 2021 | $270M | 630 | 8 | 3 |
Besides its headquarters, Altus Wealth Group has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Colorado · 1 listed address
- 423 South Cascade Avenue, Colorado SpringsHQ
Contact and registration details
- Legal name
- Altus Wealth Group, LLC
- Headquarters
- 423 South Cascade Avenue, Colorado Springs, CO 80903
- Website
- altuswealthgroup.com
- Phone
- 719-900-1295
- SEC file
- 801-110511
- Founded
- 2017
- Structure
- Colorado LLC
- Fiscal year end
- December
Altus Wealth Group’s named custodian for separately managed accounts is Charles Schwab ($575M). Altus Wealth Group has custody of $280M for 786 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $575M100%
At year end, Altus Wealth Group’s separately managed accounts were mostly in funds (69%) and stocks (17%). Its reported 13F holdings for the quarter ended 30 June 2026 total $277M across 155 positions; the largest are iShares TR (12.6%), Invesco Exch Traded FD TR II (8.4%) and Vaneck ETF Trust (7.4%).
What the accounts hold
- Stocks17%
- Funds69%
- Registered funds66%
- Pooled vehicles3%
- Bonds2%
- Cash7%
- Other5%
- Reit/cd5%
How many clients does Altus Wealth Group have?
Altus Wealth Group has 791 clients and manages $620 million for them, as of June 2026. They include 604 individual clients, 181 high-net-worth individuals, and 6 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 June 2026
What services does Altus Wealth Group offer?
Altus Wealth Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, business succession planning, 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 Altus Wealth Group charge?
Altus Wealth Group charges up to 2.00% a year for its Investment Management Fees. The fee is billed in advance, is negotiable and requires an account of at least $250,000.
Which custodians does Altus Wealth Group use?
Altus Wealth Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $575M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 June 2026
How many financial advisors does Altus Wealth Group have?
Altus Wealth Group has 7 investment adviser representatives registered with state securities authorities, out of 7 employees, and 7 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 4 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 Altus Wealth Group invest in?
At the end of its last fiscal year, Altus Wealth Group’s separately managed accounts held 66% registered funds (mutual funds, ETFs, BDCs), 17% exchange-traded equities, 7% cash and equivalents, 5% other, 3% pooled vehicles (private funds and similar) and 2% state and local bonds. The 5% other category is described as: Reit/CD.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Altus Wealth Group have a minimum investment?
Yes, Altus Wealth Group’s minimum account size for its Investment Management Fees is $250K.
Who owns Altus Wealth Group?
Altus Wealth Group is owned through holding companies by Nancy Mercado and Dustin Bench. Its direct owners are Bethemore Holdings, LLC (50% to 75%) and KDJP Holdings, LLC (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 4 June 2026
How does Altus Wealth Group get paid?
Altus Wealth 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
How do I contact Altus Wealth Group?
Altus Wealth Group’s main office is at 423 South Cascade Avenue, Colorado Springs, CO 80903. Its phone number is 719-900-1295. Its website is altuswealthgroup.com.