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Arlington Management Employees

SEC-registered adviser since 2012Bethesda, MDCRD 160265

5
Clients
31
Advisory staff

From Form ADV filed 31 March 2026 · data retrieved 15 October 2026SEC record

Arlington Management Employees is an investment adviser headquartered in Bethesda, Maryland, and registered with the SEC since 2012. Its clients include pooled investment vehicles.

Its services include portfolio management for pooled vehicles. Fee arrangements include a percentage of assets under management and performance-based fees. Matthew Altman owns 25% to 50% of Arlington Management Employees.

Clients

Arlington Management Employees serves 5 clients. The average client has about $3.64 billion with the firm.

Regulatory assets by client type
  • Pooled investment vehicles5 clients100%
Show client breakdown
Pooled investment vehicles
Clients
5
Regulatory AUM
$18,194,604,408
Share
100.0%
Avg. per client
$3.64B

Total

Clients
5
Regulatory AUM
$18,194,604,408
Share
100%
Avg. per client
$3.64B

What it does

Arlington Management Employees provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.

Arlington Management Employees advises 5 private funds.

100.0% of assets ($18.19B across 5 accounts) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

Custodians

Arlington Management Employees has custody of client assets.

Managed account assets by custodian
  • All other custodians$18.19B100%

Ownership and leadership

Matthew Altman owns 25% to 50% of Arlington Management Employees.

Who owns the firm
Arlington Management Employees, LLC· the adviser
  • Matthew Altman

    Control person · since January 2012

    Owns 25% to 50% of Arlington Management Employees, LLC
  • Michael Lustbader

    Control person · since January 2012

    Owns 25% to 50% of Arlington Management Employees, LLC
  • Peter Manos

    Control person · since June 2005

    Owns 25% to 50% of Arlington Management Employees, LLC
  • David Wodlinger

    since January 2023

    Owns 10% to 25% of Arlington Management Employees, LLC
  • Jeffrey Freed

    since January 2004

    Owns 5% to 10% of Arlington Management Employees, LLC

Leadership

  • Brian Foist
    Chief Financial Officer and Chief Compliance Officer
  • Matthew Altman
    Member
  • Jeffrey Freed
    Member
  • Michael Lustbader
    Member
  • Peter Manos
    Member
  • David Wodlinger
    Member

Staff

  • 32 employees
  • 31 in advisory functions

Fees

Arlington Management Employees is paid through a percentage of assets under management and performance-based fees.

Arlington Management Employees’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Arlington Management Employees has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Maryland · 1 listed address

  • 7373 Wisconsin Ave, Suite 2100, BethesdaHQ

Registration details

Legal name
Arlington Management Employees, LLC
Headquarters
7373 Wisconsin Ave, Suite 2100, Bethesda, MD 20814
Website
Not reported
SEC file
801-73842
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Arlington Management Employees have?

Arlington Management Employees has 5 clients and manages $18.2 billion for them, as of March 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026

What services does Arlington Management Employees offer?

Arlington Management Employees provides portfolio management for pooled vehicles.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Arlington Management Employees have?

Arlington Management Employees has 0 investment adviser representatives registered with state securities authorities, out of 32 employees, and 31 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

Who owns Arlington Management Employees?

Arlington Management Employees’ direct owners are Matthew Altman, Jeffrey Freed, Michael Lustbader, Peter Manos and David Wodlinger, each holding 50% or less.

Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026

How does Arlington Management Employees get paid?

Arlington Management Employees is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 31 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 160265.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Arlington Management Employees, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.