aLuman provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 1–10 clients last fiscal year.
aLuman reports 142 clients. They include 102 individual clients, 30 high-net-worth individuals, and 8 pension and profit-sharing plans. Of its assets, 100.0% ($135M across 403 accounts) are managed with discretion. It advised 15 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 34% |
| High-net-worth individuals | 21% | 58% |
| Pension and profit-sharing plans | 6% | 8% |
| Corporations and other businesses | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 102 | $45.2M | 33.5% | $444K |
| High-net-worth individuals | 30 | $78.8M | 58.4% | $2.63M |
| Pension and profit-sharing plans | 8 | $10.6M | 7.8% | $1.32M |
| Corporations and other businesses | Fewer than 5 | $355K | 0.3% | $178K |
| Total | 142 | $135M | 100% | — |
- Clients
- 102
- Regulatory AUM
- $45.2M
- AUM share
- 33.5%
- Avg. per client
- $444K
- Clients
- 30
- Regulatory AUM
- $78.8M
- AUM share
- 58.4%
- Avg. per client
- $2.63M
- Clients
- 8
- Regulatory AUM
- $10.6M
- AUM share
- 7.8%
- Avg. per client
- $1.32M
- Clients
- Fewer than 5
- Regulatory AUM
- $355K
- AUM share
- 0.3%
- Avg. per client
- $178K
Total
- Clients
- 142
- Regulatory AUM
- $135M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 15
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
aLuman charges 0.25%–0.95% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices 3 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 0.95% |
| $1M–$3M | 0.70% |
| $3M–$5M | 0.50% |
| $5M–$10M | 0.30% |
| $10M and above | 0.25% |
Fee details and sources
Other fees
- Financial Planning
- Fixed fee of $1,500 to $5,000 by agreement, or $250 an hour for special projects; fees are separate from asset management fees.
- Quick Start Service
- A $600 flat fee for a streamlined planning option covering up to two financial planning modules.
- Retirement Planning
- Retirement plan advisory fees use the same tiered schedule as asset management, billed monthly in arrears.
Garth Shinn owns 75% or more of aLuman. It has 2 employees.
Leadership
- Garth ShinnOwner/CCO
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Aluman Inc.
Garth Shinn
Control person · since July 2015
aLuman’s regulatory assets grew from $114M (May 2025) to $135M (March 2026); clients rose from 129 to 142 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $135M | 142 | 2 | 2 |
| May 2025 | $114M | 129 | 2 | 2 |
Besides its headquarters, aLuman has 1 office (1 private residence, listed without an address), with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Aluman Inc.
- Headquarters
- Not reported
- Website
- alumanfinancial.com
- Phone
- 503-894-5688
- @alumanfinancial
- SEC file
- 801-132930
- Structure
- California corporation
- Fiscal year end
- December
aLuman uses Charles Schwab ($133M) as custodian for its separately managed accounts. aLuman does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $133M100%
At year end, aLuman’s separately managed accounts were mostly in funds (92%).
What the accounts hold
- Stocks8%
- Funds92%
- Cash1%
How many clients does aLuman have?
aLuman has 142 clients and manages $135 million for them, as of March 2026. They include 102 individual clients, 30 high-net-worth individuals, and 8 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does aLuman offer?
aLuman provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does aLuman charge?
aLuman charges 0.25%–0.95% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Which custodians does aLuman use?
aLuman’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $133M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does aLuman have?
aLuman has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 aLuman invest in?
At the end of its last fiscal year, aLuman’s separately managed accounts held 92% registered funds (mutual funds, ETFs, BDCs), 8% exchange-traded equities 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
Who owns aLuman?
aLuman’s direct owner is Garth Shinn (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does aLuman get paid?
aLuman 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
Is aLuman registered with the SEC?
Yes, aLuman has been registered with the SEC as an investment adviser since 6 June 2025. Its CRD number is 281073 and its SEC file number is 801-132930.
Source: Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record
How do I contact aLuman?
Its phone number is 503-894-5688. Its website is alumanfinancial.com.