Athena Wealth Management provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 1–10 clients last fiscal year.
Athena Wealth Management reports 144 clients. They include 83 individual clients and 61 high-net-worth individuals. Of its assets, 100.0% ($174M across 498 accounts) are managed with discretion. It advised 6 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 58% | 26% |
| High-net-worth individuals | 42% | 72% |
| Charitable organizations | Fewer than 5 | 2% |
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) | 83 | $46.1M | 26.5% | $555K |
| High-net-worth individuals | 61 | $125M | 71.9% | $2.05M |
| Charitable organizations | Fewer than 5 | $2.79M | 1.6% | — |
| Total | 144 | $174M | 100% | — |
- Clients
- 83
- Regulatory AUM
- $46.1M
- AUM share
- 26.5%
- Avg. per client
- $555K
- Clients
- 61
- Regulatory AUM
- $125M
- AUM share
- 71.9%
- Avg. per client
- $2.05M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.79M
- AUM share
- 1.6%
- Avg. per client
- —
Total
- Clients
- 144
- Regulatory AUM
- $174M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 6
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Athena Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning & Consulting
- Billed hourly up to $500 an hour, or as a flat fee of $1,000 to $10,000.
Matthew Foertsch owns 75% or more of Athena Wealth Management. The leadership team of Athena Wealth Management includes Chief Compliance Officer Matthew Foertsch. It has 3 employees, 1 of them in advisory roles.
Leadership
Matthew FoertschManaging Member & Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 1 in advisory functions
- 1 state-registered rep
- 1 broker-dealer rep
- 1 insurance agent
- Owns 75% or more of Athena Wealth Management, LLC
Matthew Foertsch
Control person · since October 2020
Athena Wealth Management’s regulatory assets grew Infinity× from $0 (July 2022) to $174M (March 2026); employees rose from 1 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $174M | 144 | 3 | 5 |
| Jul 2025July 2025 | $141M | 143 | 6 | 5 |
| Apr 2024April 2024 | $108M | 117 | 3 | 2 |
| Jul 2022July 2022 | $0 | 0 | 1 | 1 |
Besides its headquarters, Athena Wealth Management has 4 offices (2 private residences, listed without an address), with 3 listed addresses across 2 states.
Nevada · 2 listed addresses
- 540 W. Plumb Lane, #201, RenoHQ
- 917 Tahoe BLVD., Incline Village
California · 1 listed address
- 15495 Los Gatos Boulevard, Los Gatos
Contact and registration details
- Legal name
- Athena Wealth Management, LLC
- Headquarters
- 540 W. Plumb Lane, #201, Reno, NV 89509
- Website
- athenawm.com
- Phone
- 408-684-3705
- SEC file
- 801-130326
- Structure
- Nevada LLC
- Fiscal year end
- December
Athena Wealth Management’s named custodian for separately managed accounts is Fidelity ($174M). Athena Wealth Management has custody of $51.5M for 74 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $174M100%
At year end, Athena Wealth Management’s separately managed accounts were mostly in funds (60%) and stocks (38%). Its reported 13F holdings for the quarter ended 30 June 2026 total $134M across 104 positions; the largest are Fidelity Merrimack Str TR (30.3%), Apple Inc. (4.3%) and Putnam ETF Trust (2.9%).
What the accounts hold
- Stocks38%
- Funds60%
- Registered funds54%
- Pooled vehicles6%
- Bonds1%
- Cash1%
Reported 13F holdings
- $134M
- Reported 13F value
- 104
- Positions
- 52.3%
- In the 10 largest
- +10.0%
- Value vs. prior quarter
- Fidelity Merrimack Str TR · Low Durtin ETF30.3%
- Apple Inc.4.3%
- Putnam ETF Trust · Focused Lar Cap2.9%
- iShares TR · Core S&P500 ETF2.6%
- Microsoft Corp.2.5%
- Amazon Com Inc.2.3%
- Exxon Mobil Corp.2.2%
- Taiwan Semiconductor Manufac · Sponsored ADS2.1%
- Citigroup Inc.1.7%
- Cisco Sys Inc.1.5%
Together, the ten largest are 52.3% of reported value.
How many clients does Athena Wealth Management have?
Athena Wealth Management has 144 clients and manages $174 million for them, as of March 2026. They include 83 individual clients and 61 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 March 2026
What services does Athena Wealth Management offer?
Athena Wealth Management provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Athena Wealth Management use?
Athena Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $174M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 March 2026
How many financial advisors does Athena Wealth Management have?
Athena Wealth Management has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 1 perform investment advisory functions. 1 employee is a registered representative 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 Athena Wealth Management invest in?
At the end of its last fiscal year, Athena Wealth Management’s separately managed accounts held 54% registered funds (mutual funds, ETFs, BDCs), 38% exchange-traded equities, 6% pooled vehicles (private funds and similar), 1% investment grade 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
Who owns Athena Wealth Management?
Athena Wealth Management’s direct owner is Matthew Foertsch (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 March 2026
How does Athena Wealth Management get paid?
Athena Wealth Management 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 Athena Wealth Management?
Athena Wealth Management’s main office is at 540 W. Plumb Lane, #201, Reno, NV 89509. Its phone number is 408-684-3705. Its website is athenawm.com.