# Aluman

> Aluman is an SEC-registered investment advisory firm, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 281073
- Filed as: ALUMAN
- Legal name: Aluman Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/281073
- AdvisorCensus page: https://advisorcensus.com/firm/aluman-281073

## Quick answers

**How is Aluman compensated?**
On its Form ADV (Item 5.E, October 2026), Aluman reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Aluman charge?**
Its Form ADV Part 2A brochure dated March 26, 2026 states: Hourly rate: $250 an hour (special projects); Flat fee: $600 (Quick Start Service). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is Aluman registered with the SEC or a state?**
Aluman is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 281073.

**How much does Aluman manage?**
Aluman reports $135,024,010 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Aluman's assets and staff changed since 2025?**
In the Form ADV data for Aluman: Regulatory assets under management: $114,083,373 in the October 2025 data and $135,024,010 in the October 2026 data, up 18%. Total employees: 2 in October 2025 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Aluman serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (102); high net worth individuals (30); pension and profit sharing plans (but not the plan participants or government pension plans) (8).

**Which custodians does Aluman use?**
Aluman's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Aluman report any disciplinary disclosures?**
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/281073

**Does Aluman state an account minimum?**
Its Form ADV Part 2A brochure dated March 26, 2026 says: "There is no requirement for opening or maintaining an account and there is no minimum account size."

**What changed in Aluman's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $114,083,373 to $135,024,010 (+18%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 26, 2026)

- Account minimum: None

> There is no requirement for opening or maintaining an account and there is no minimum account size.

- Hourly rate: $250 an hour (special projects)

> Hourly fees can also be arranged for special projects at a rate of $250 an hour.

- Flat fee: $600 (Quick Start Service)

> For a $600 flat fee, aLuman offers a Quick Start Service, which provides a streamlined financial planning option.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $135,024,010
- Discretionary: $135,024,010
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 102 | $45,237,443 |
| High net worth individuals | 30 | $78,838,560 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $10,592,529 |
| Corporations or other businesses not listed above | 2 | $355,478 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2025 (1 year)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MN, OR, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- alumanfinancial.com
- LinkedIn @alumanfinancial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $114,083,373 | 2 | May 6, 2025 |
| October 2026 | $135,024,010 | 2 | March 26, 2026 |

Regulatory assets under management: $114,083,373 in the October 2025 data and $135,024,010 in the October 2026 data, up 18%.
Total employees: 2 in October 2025 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $114,083,373 to $135,024,010 (+18%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Aluman (CRD 281073): Form ADV filing data as of October 2026.