Roundview Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, estate planning, insurance, philanthropic planning, tax planning, and tax preparation. Financial planning was provided to 51–100 clients last fiscal year.
Roundview Capital reports 565 clients. They include 352 high-net-worth individuals, 192 individual clients and 12 charitable organizations. Of its assets, 94.1% ($2B across 1,714 accounts) are managed with discretion; $126M across 197 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 34% | 2% |
| High-net-worth individuals | 62% | 88% |
| Banking or thrift institutions | 0% | 0% |
| Pension and profit-sharing plans | 1% | <1% |
| Charitable organizations | 2% | 6% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses | <1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 192 | $52.1M | 2.4% | $271K |
| High-net-worth individuals | 352 | $1.88B | 88.4% | $5.34M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | 6 | $7.37M | 0.3% | $1.23M |
| Charitable organizations | 12 | $133M | 6.2% | $11.1M |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $53.8M | 2.5% | $17.9M |
| Total | 565 | $2.13B | 100% | — |
- Clients
- 192
- Regulatory AUM
- $52.1M
- AUM share
- 2.4%
- Avg. per client
- $271K
- Clients
- 352
- Regulatory AUM
- $1.88B
- AUM share
- 88.4%
- Avg. per client
- $5.34M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 6
- Regulatory AUM
- $7.37M
- AUM share
- 0.3%
- Avg. per client
- $1.23M
- Clients
- 12
- Regulatory AUM
- $133M
- AUM share
- 6.2%
- Avg. per client
- $11.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $53.8M
- AUM share
- 2.5%
- Avg. per client
- $17.9M
Total
- Clients
- 565
- Regulatory AUM
- $2.13B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Roundview Capital charges up to 1.50% a year for its Investment Advisory Services. The fee is billed in arrears and requires an account of at least $1,000,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Strategic Investment Counseling
- Minimum annual fee of $2,500, payable in equal semi-annual installments or one annual installment; pricing depends on the work and fees are negotiable.
Howard Alter owns 25% to 50% of Roundview Capital. The leadership team of Roundview Capital includes Chief Investment Officer Matthew Wallack, Chief Financial Officer Janet Chen and Chief Compliance Officer Christina Keddie. It has 13 employees, 5 of them in advisory roles.
Leadership
- Janet ChenChief Financial Officer
- Christina KeddieChief Compliance Officer
- Matthew WallackChief Investment Officer
- Howard AlterManaging Partner
- Stephen ShuehManaging Partner
- Andrew LieuPartner
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Howard Todd Alter
- Andrew Shi-Yi Lieu
- Nicholas A Shelton
- Stephen Kai-Jen Shueh
- Matthew Douglas Wallack
Staff
- 13 employees
- 5 in advisory functions
- 5 state-registered reps
- Owns 25% to 50% of Roundview Capital, LLC
Howard Alter
Control person · since April 2008
- Owns 25% to 50% of Roundview Capital, LLC
Stephen Shueh
Control person · since April 2008
- Owns 10% to 25% of Roundview Capital, LLC
Andrew Lieu
Control person · since January 2020
Roundview Capital’s regulatory assets grew 2.3× from $938M (March 2021) to $2.13B (May 2026); clients rose from 398 to 565 and employees from 12 to 13.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $2.13B | 565 | 13 | 1 |
| April 2025 | $1.88B | 537 | 13 | 1 |
| March 2024 | $1.41B | 497 | 12 | 1 |
| July 2023 | $1.18B | 467 | 12 | 1 |
| April 2022 | $1.21B | 424 | 12 | 1 |
| March 2021 | $938M | 398 | 12 | 1 |
Besides its headquarters, Roundview Capital has 0 offices, with 1 listed address in New Jersey.
New Jersey · 1 listed address
- 182 Nassau Street, Suite 201, PrincetonHQ
Contact and registration details
- Legal name
- Roundview Capital, LLC
- Headquarters
- 182 Nassau Street, Suite 201, Princeton, NJ 08542-7000
- Website
- roundviewcapital.com
- Phone
- 609-688-9500
- SEC file
- 801-69519
- Founded
- 2008
- Structure
- Delaware LLC
- Fiscal year end
- December
Roundview Capital uses Charles Schwab ($1.77B, 83%) and Fidelity ($359M, 17%) as custodians for its separately managed accounts. Roundview Capital does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.77B83%
- FidelityNational Financial Services LLC · Boston, MA · $359M17%
At year end, Roundview Capital’s separately managed accounts were mostly in stocks (90%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.83B across 349 positions; the largest are Alphabet Inc. (4.8%), Apple Inc. (4.6%) and Vanguard Index Fds (3.6%).
What the accounts hold
- Stocks90%
- Exchange-traded equities83%
- Non-exchange-traded equities7%
- Bonds4%
- Cash6%
Reported 13F holdings
- $1.83B
- Reported 13F value
- 349
- Positions
- 31.8%
- In the 10 largest
- +13.9%
- Value vs. prior quarter
- Alphabet Inc. · Cap Stk CL C4.8%
- Apple Inc.4.6%
- Vanguard Index Fds · S&P 500 ETF Shs3.6%
- Berkshire Hathaway Inc. Del · CL B New3.3%
- Microsoft Corp.3.0%
- Amazon Com Inc.2.8%
- Schwab Strategic TR · US Brd Mkt ETF2.8%
- Invesco Qqq TR · Unit Ser 12.5%
- Vanguard Index Fds · Total Stk Mkt2.3%
- Nvidia Corporation2.0%
Together, the ten largest are 31.8% of reported value.
How many clients does Roundview Capital have?
Roundview Capital has 565 clients and manages $2.13 billion for them, as of May 2026. They include 352 high-net-worth individuals, 192 individual clients and 12 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 May 2026
What services does Roundview Capital offer?
Roundview Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, estate planning, insurance, philanthropic planning, tax planning, and tax preparation.
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 Roundview Capital charge?
Roundview Capital charges up to 1.50% a year for its Investment Advisory Services. The fee is billed in arrears and requires an account of at least $1,000,000.
Source: RVC BROCHURE, filed 19 May 2026
Which custodians does Roundview Capital use?
Roundview Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.77B and National Financial Services LLC (Boston, MA), with $359M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 May 2026
How many financial advisors does Roundview Capital have?
Roundview Capital has 5 investment adviser representatives registered with state securities authorities, out of 13 employees, and 5 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 Roundview Capital invest in?
At the end of its last fiscal year, Roundview Capital’s separately managed accounts held 83% exchange-traded equities, 7% non-exchange-traded equities, 6% cash and equivalents and 4% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Roundview Capital have a minimum investment?
Yes, Roundview Capital’s minimum account size for its Investment Advisory Services is $1M.
Source: RVC BROCHURE, filed 19 May 2026
Who owns Roundview Capital?
Roundview Capital’s direct owners are Howard Alter, Stephen Shueh and Andrew Lieu, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 19 May 2026
How does Roundview Capital get paid?
Roundview Capital 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
Is Roundview Capital registered with the SEC?
Yes, Roundview Capital has been registered with the SEC as an investment adviser since 2 September 2008. Its CRD number is 148083 and its SEC file number is 801-69519.
Source: Form ADV Part 1A, Item 1, filed 19 May 2026; IAPD firm record
How do I contact Roundview Capital?
Roundview Capital’s main office is at 182 Nassau Street, Suite 201, Princeton, NJ 08542-7000. Its phone number is 609-688-9500. Its website is roundviewcapital.com.