Altius Financial, Inc. (Denver)

Name: Altius Financial, Inc.
Address: 1777 S. Harrison Street Suite 810, Denver, CO, 80210
Telephone: 303-584-9271

Altius Financial, Inc. is a large advisory firm based in Denver. It manages $102.91 million of regulatory assets for 557 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Colorado.

Altius Financial provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Altius Financial: assets under management

The assets under management (AUM) of Altius Financial, Inc. is $102.91 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $102.91 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $184.75 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is investment and business development companies, which make up 46% of the firm’s portfolio. Investments in other assets form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Altius Financial, Inc. for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Michael John Williams serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Michael John Williams is high net worth individuals with 29 clients and $60.83 million of assets under management. Among the 6 most similar advisory firms, Altius Financial has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $98.65 million for 133 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Altius Financial doesn't advise any private funds.

Careers at Altius Financial, Inc.

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Michael John Williams has been acting as President since 1 Jan 2000. Tammy Bea Kreger joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael John Williams	President	1 Jan 2000	75% - 100%	1352136
Tammy Bea Kreger	Chief compliance officer	1 Feb 2012	Other	4939586

Based in Denver

The principal office where Altius Financial, Inc. performs its advisory services is located at 1777 S. Harrison Street Suite 810, Denver, CO 80210, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-584-9271 or by fax 303-584-9338. The normal business hours are 7:30am - 4:30pm on Monday - Friday. You can find more information about the New York firm at altiusfinancial.com and its LinkedIn profile.