{
  "crd_number": 146153,
  "slug": "alterna-wealth-management-inc-houston-tx-146153",
  "primary_business_name": "ALTERNA WEALTH MANAGEMENT, INC.",
  "legal_name": "ALTERNA WEALTH MANAGEMENT, INC.",
  "dbas": [],
  "city": "Houston",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "26420",
  "metro": {
    "cbsa_code": "26420",
    "common_name": "Houston",
    "msa_name": "Houston-Pasadena-The Woodlands, TX",
    "path": "/advisors/tx/houston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2010-02-23",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-09-23",
  "carried_forward": false,
  "raum_total": 1401363335.0,
  "raum_discretionary": 861375178.0,
  "raum_non_discretionary": 539988157.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 55,
  "advisory_employees": 28,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 179188033.0,
      "count": 518
    },
    "high_net_worth_individuals": {
      "raum": 809384200.0,
      "count": 633
    },
    "corporations_other_businesses": {
      "raum": 412791102.0,
      "count": 165
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "DE",
    "FL",
    "GA",
    "IA",
    "IN",
    "MN",
    "NC",
    "NM",
    "NV",
    "NY",
    "OR",
    "PA",
    "SD",
    "TN",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://alternawealthmanagement.com",
    "https://linkedin.com/company/alternawealthmanagement"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/146153",
  "city_as_filed": "HOUSTON",
  "url": "https://advisorcensus.com/firm/alterna-wealth-management-inc-houston-tx-146153",
  "display_name": "Alterna Wealth Management, Inc.",
  "summary": "Alterna Wealth Management, Inc. is an SEC-registered investment advisory firm in Houston, TX, registered since 2010, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 23, 2026.",
  "citation": "AdvisorCensus. Alterna Wealth Management, Inc. (CRD 146153): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Alterna Wealth Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Alterna Wealth Management, Inc. reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Alterna Wealth Management, Inc. located?",
      "a": "Alterna Wealth Management, Inc.'s principal office is in Houston, TX, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Alterna Wealth Management, Inc. registered with the SEC or a state?",
      "a": "Alterna Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 146153."
    },
    {
      "q": "How much does Alterna Wealth Management, Inc. manage?",
      "a": "Alterna Wealth Management, Inc. reports $1,401,363,335 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (61% discretionary)."
    },
    {
      "q": "How have Alterna Wealth Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Alterna Wealth Management, Inc.: Regulatory assets under management: $591,592,049 in the October 2021 data and $1,401,363,335 in the October 2026 data, up 137%. Total employees: 36 in October 2021 and 55 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Alterna Wealth Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (633); individuals (other than high net worth individuals) (518); corporations or other businesses not listed above (165)."
    },
    {
      "q": "Which custodians does Alterna Wealth Management, Inc. use?",
      "a": "Alterna Wealth Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing, LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Alterna Wealth Management, Inc. report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/146153"
    },
    {
      "q": "Does Alterna Wealth Management, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 says: \"Individually managed accounts typically have an initial investment minimum of $250,000. However, we may aggregate certain related client accounts for the purposes of achieving the minimum account size or waive any account minimum in our sole discretion.\""
    },
    {
      "q": "What changed in Alterna Wealth Management, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 40 to 28. Regulatory assets under management went from $1,231,485,679 to $1,401,363,335 (+14%). Changed its office addresses in San Antonio, TX."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 591592049.0,
      "total_employees": 36,
      "filing_date": "2021-06-21"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 788789951.0,
      "total_employees": 36,
      "filing_date": "2022-04-26"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 666200115.0,
      "total_employees": 36,
      "filing_date": "2023-09-25"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 860968953.0,
      "total_employees": 36,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1231485679.0,
      "total_employees": 51,
      "filing_date": "2025-04-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1401363335.0,
      "total_employees": 55,
      "filing_date": "2026-09-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 40 to 28.",
        "Regulatory assets under management went from $1,231,485,679 to $1,401,363,335 (+14%).",
        "Changed its office addresses in San Antonio, TX."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in NC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Individually managed accounts typically have an initial investment minimum of $250,000. However, we may aggregate certain related client accounts for the purposes of achieving the minimum account size or waive any account minimum in our sole discretion."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 250000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Individually managed accounts typically have an initial investment minimum of $250,000. However, we may aggregate certain related client accounts for the purposes of achieving the minimum account size or waive any account minimum in our sole discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Pershing, LLC",
      "name_as_filed": "PERSHING, LLC",
      "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/alterna-wealth-management-inc-houston-tx-146153.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 518,
      "fewer_than_5": false,
      "raum": 179188033.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 633,
      "fewer_than_5": false,
      "raum": 809384200.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 165,
      "fewer_than_5": false,
      "raum": 412791102.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/146153",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}