Alden Capital Management Inc. is a large advisory firm based in Jenkintown. It manages $107.73 million of regulatory assets for 151 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Colorado, Connecticut, and 16 other states.
Alden Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and retirement plan advisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Alden Capital Management Inc. is $107.73 million. The firm's AUM has grown by 2637% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Alden Capital Management Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Alden Capital Management is pension and profit sharing plans with 16 clients and $90.13 million of assets under management. Among the 9 most similar advisory firms, Alden Capital Management has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $107.73 million for 151 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.
Alden Capital Management doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 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 receive compensation from other entities for client referrals.
The principal office where Alden Capital Management Inc. performs its advisory services is located at 261 Old York Road, Jenkintown, PA 19046 The mailing address of the firm is Po Box 744, Jenkintown, PA 19046 3706. An additional office of the firm is in Monterey Park, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (215) 572-8700. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at aldensecurities.com.