{
  "crd_number": 293551,
  "slug": "alden-capital-wayne-pa-293551",
  "primary_business_name": "ALDEN CAPITAL",
  "legal_name": "ALDEN CAPITAL MANAGEMENT INC.",
  "dbas": [
    "ALDEN INVESTMENT GROUP",
    "COVE WEALTH PARTNERS",
    "GIPSON - FITZPATRICK INVESTMENT MANAGEMEN",
    "HALLTHORN ADVISORY SERVICES",
    "LENSING FINANCIAL SOLUTIONS",
    "MONUMENTAL INVESTMENTS",
    "NORTH PARK",
    "PATHWAYS RETIREMENT ADVISORS",
    "RETIREMENT PLAN STEWARDS & ADVOCATES",
    "STRATEGIC WEALTH MANAGEMENT ADVISORS",
    "TRIDENT RETIREMENT PLAN"
  ],
  "city": "Wayne",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-07-09",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-09-02",
  "carried_forward": false,
  "raum_total": 1515030643.0,
  "raum_discretionary": 823412067.0,
  "raum_non_discretionary": 691618576.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 23,
  "advisory_employees": 19,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 691618576.0,
      "count": 47,
      "description": "401K"
    },
    "individuals": {
      "raum": 748693549.0,
      "count": 2321
    },
    "high_net_worth_individuals": {
      "raum": 58958608.0,
      "count": 183
    },
    "pooled_investment_vehicles": {
      "raum": 15759910.0,
      "count": 1
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 4,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://aldeninvestmentgroup.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/293551",
  "disclosure_items": [
    {
      "item": "11.D(1)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    },
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    }
  ],
  "city_as_filed": "WAYNE",
  "url": "https://advisorcensus.com/firm/alden-capital-wayne-pa-293551",
  "display_name": "Alden Capital",
  "summary": "Alden Capital is an SEC-registered investment advisory firm in Wayne, PA, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 2, 2026.",
  "citation": "AdvisorCensus. Alden Capital (CRD 293551): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Alden Capital compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Alden Capital reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Alden Capital charge?",
      "a": "Its Form ADV Part 2A brochure dated March 26, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Alden Capital located?",
      "a": "Alden Capital's principal office is in Wayne, PA, according to its Form ADV; the October 2026 filing also lists 3 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Alden Capital registered with the SEC or a state?",
      "a": "Alden Capital is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 293551."
    },
    {
      "q": "How much does Alden Capital manage?",
      "a": "Alden Capital reports $1,515,030,643 in regulatory assets under management in its Form ADV filing dated September 2, 2026 (54% discretionary)."
    },
    {
      "q": "How have Alden Capital's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Alden Capital: Regulatory assets under management: $478,187,079 in the October 2021 data and $1,515,030,643 in the October 2026 data, up 217%. Total employees: 10 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Alden Capital serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,321); high net worth individuals (183); other (47)."
    },
    {
      "q": "Which custodians does Alden Capital use?",
      "a": "Alden Capital's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Axos Clearing LLC, Charles Schwab & Co., Inc., Fidelity Distributors Company LLC and Interactive Brokers Corp. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Alden Capital report any disciplinary disclosures?",
      "a": "Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct), 11.D(2) (another regulator's finding of a violation), 11.E(2) (self-regulatory organization's finding of a rule violation), and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/293551"
    },
    {
      "q": "What changed in Alden Capital's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 478187079.0,
      "total_employees": 10,
      "filing_date": "2021-09-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 672310127.0,
      "total_employees": 30,
      "filing_date": "2022-04-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 603701382.0,
      "total_employees": 20,
      "filing_date": "2023-08-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 657249584.0,
      "total_employees": 19,
      "filing_date": "2024-03-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1444147688.0,
      "total_employees": 24,
      "filing_date": "2025-06-18"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1515030643.0,
      "total_employees": 23,
      "filing_date": "2026-09-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "No longer lists the business name Springhouse Wealth Partners.",
        "Added the business name Trident Retirement Plan.",
        "Added the business name Retirement Plan Stewards & Advocates.",
        "Added the business name Pathways Retirement Advisors.",
        "Added the business name North Park.",
        "Added the business name Monumental Investments.",
        "Added the business name Lensing Financial Solutions.",
        "Added the business name Hallthorn Advisory Services.",
        "Added the business name Gipson - Fitzpatrick Investment Managemen.",
        "Added the business name Cove Wealth Partners."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Added the business name Springhouse Wealth Partners.",
        "Employees performing advisory functions went from 20 to 19.",
        "No longer lists an office in Alhambra, CA."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Item 11 disclosure answers changed: 4 yes answers, previously 3 (now yes: 11.D(2)).",
        "Changed its office addresses in Doylestown, PA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 26, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "2% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 2% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Our maximum fees are:  • Customized Management – Up to 2.00% Annual Fee"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 2.0,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Our maximum fees are:  • Customized Management – Up to 2.00% Annual Fee"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Axos Clearing LLC",
      "name_as_filed": "AXOS CLEARING LLC",
      "affiliated": false
    },
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Distributors Company LLC",
      "name_as_filed": "FIDELITY DISTRIBUTORS COMPANY LLC",
      "affiliated": false
    },
    {
      "name": "Interactive Brokers Corp.",
      "name_as_filed": "INTERACTIVE BROKERS CORP.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/alden-capital-wayne-pa-293551.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2321,
      "fewer_than_5": false,
      "raum": 748693549.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 183,
      "fewer_than_5": false,
      "raum": 58958608.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 15759910.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 47,
      "fewer_than_5": false,
      "raum": 691618576.0
    }
  ],
  "disclosure_line": "Reports 4 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/293551",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}