DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Altrius Capital Management, Inc.
Latest filing Mar 6, 2026
First filing on the tape Dec 14, 2011 · 42 filings
SEC status approved since May 27, 2004
RAUM
$716M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
96%
$684M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$143M
derived; firm RAUM over IAPD count
Employees
12
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$716M as of Mar 6, 2026
Mar 15, 2012$131M then
HNW client RAUM$616M as of Mar 6, 2026
Mar 21, 2018$173M then
State-registered IARs (5.B.3)5 as of Mar 6, 2026
Feb 4, 20137 then
Employees (5.A)12 as of Mar 6, 2026
Feb 4, 20139 then
Private funds: no history
RAUM +14% over the last fiscal year+17% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 6, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $143MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 100derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $500,368derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 2.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.4derivedItem 5.A over advisors
- Advisors per office
- 2.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +5.3%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for investment companies, pension consulting, educational seminarsreportedItem 5.G
- Financial planning clients
- 500reportedItem 5.H
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$616M86%
- Individuals$68.3M9.5%
- Pension and profit-sharing plans$17.0M2.4%
- Investment companies$14.3M2.0%
- Other investment advisers$396,7940.1%
- Charitable organizations$159,5620.0%
- Individual clients
- 250reported
- HNW clients
- 249reported
- Pension plan clients
- 12reported
- Charitable clients
- n/areported
- Accounts
- 1,431reported
- Financial planning clients
- 500reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.96 fund_share=0.02 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| James Michael Russo | Novi, Mi | Aug 22, 2002 | 29 y | 1 |
| Rita Ann Hendrick-Smith | Ner Bern, Nc | Feb 28, 2012 | 18 y | 0 |
| Christopher Connor RolfChartered Financial Analyst | Wake Forest, Nc | Aug 13, 2015 | 17 y | 2 |
| Maxwell T. GreenbergCertified Financial Planner | Novi, Mi | Mar 2, 2022 | 11 y | 0 |
| Brady Gingrich | Novi, Mi | Jul 24, 2025 | 10 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 20% of current headcount1 left over 36 months
Left, latest
- Andrea Lee Russo to Darden Wealth GroupJan 21, 2026 · RIA to RIA
- Andrea Lee Russo to Kroon & Mitchell Asset Management LLCSep 11, 2023 · RIA to RIA
- Robert Anthony D'Angelo to Cresset Asset Management, LLCJul 1, 2022 · RIA to RIA
- Massimo Paone to Regal Investment Advisors LLCOct 25, 2018 · RIA to affiliated broker-dealer or bank
- Tara Lorraine Hughes to Bluesky Wealth Advisors, LLCMay 29, 2018 · RIA to RIA
- Christie Lynn Bonacci to Bluesky Wealth Advisors, LLCMar 5, 2018 · Other
- Elesparantae Powe to LPL Financial LLCJan 21, 2015 · Other
- Allison Taylor Coward to Wells Fargo AdvisorsNov 5, 2014 · Other
- Nathan Guerrant Byrd to Hamilton Point Investment Advisors, LLCFeb 27, 2013 · Other
Joined, latest
- Andrea Lee Russo from Kroon & Mitchell Asset Management LLCApr 11, 2024 · RIA to RIA
- Robert Anthony D'Angelo from Alliancebernstein L.P.Jul 23, 2019 · Other
- Massimo Paone from Merrill Lynch, Pierce, Fenner & Smith IncorporatedJun 1, 2017 · Other
- Christopher Connor Rolf from Morgan StanleyAug 13, 2015 · Other
- Elesparantae Powe from Td Ameritrade Investment Management, LLCJul 23, 2014 · Other
- James Michael Russo from Cetera Advisor Networks LLCAug 22, 2002 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Michael James Russo · President, Ceo, And Chief Compliance Officercontrolsince 10/2000 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Altrius Capital Management, Inc. as a related person
- 157295 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Novi, Mi · principal | 5 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Wake Forest, NC1 employees
What changed
consecutive filings, newest first
- Accounts · 1,342 to 1,431Jul 21, 2025 to Mar 6, 2026
- Advisory employees · 7 to 8Jul 21, 2025 to Mar 6, 2026
- Advisory activities · 7 to 5Jul 21, 2025 to Mar 6, 2026
- HNW clients · 194 to 249Jul 21, 2025 to Mar 6, 2026
- Individual clients · 280 to 250Jul 21, 2025 to Mar 6, 2026
- Pension plan clients · 16 to 12Jul 21, 2025 to Mar 6, 2026
- Employees · 13 to 12Jul 21, 2025 to Mar 6, 2026
- Discretionary RAUM · $613M to $698MJul 21, 2025 to Mar 6, 2026
- HNW RAUM · $491M to $616MJul 21, 2025 to Mar 6, 2026
- Individual RAUM · $111M to $68.3MJul 21, 2025 to Mar 6, 2026
- Non-discretionary RAUM · $14.0M to $18.0MJul 21, 2025 to Mar 6, 2026
- Pension RAUM · $18.1M to $17.0MJul 21, 2025 to Mar 6, 2026
- RAUM · $627M to $716MJul 21, 2025 to Mar 6, 2026
- Financial planning clients · More than 500 to More than 500Apr 7, 2025 to Jul 21, 2025
- HQ city · GRAND RAPIDS to NOVIApr 7, 2025 to Jul 21, 2025
- Accounts · 505 to 1,342Mar 26, 2024 to Apr 7, 2025
- HNW clients · 199 to 194Mar 26, 2024 to Apr 7, 2025
- Individual clients · 291 to 280Mar 26, 2024 to Apr 7, 2025
- Pension plan clients · 12 to 16Mar 26, 2024 to Apr 7, 2025
- HQ city · NEW BERN to GRAND RAPIDSMar 26, 2024 to Apr 7, 2025
- HQ state · NC to MIMar 26, 2024 to Apr 7, 2025
- Discretionary RAUM · $571M to $613MMar 26, 2024 to Apr 7, 2025
- HNW RAUM · $467M to $491MMar 26, 2024 to Apr 7, 2025
- Individual RAUM · $94.6M to $111MMar 26, 2024 to Apr 7, 2025
- Non-discretionary RAUM · $15.5M to $14.0MMar 26, 2024 to Apr 7, 2025
- Pension RAUM · $17.2M to $18.1MMar 26, 2024 to Apr 7, 2025
- RAUM · $587M to $627MMar 26, 2024 to Apr 7, 2025
- Accounts · 501 to 505Dec 8, 2023 to Mar 26, 2024
- Advisory employees · 9 to 7Dec 8, 2023 to Mar 26, 2024
- HNW clients · 177 to 199Dec 8, 2023 to Mar 26, 2024
- Individual clients · 307 to 291Dec 8, 2023 to Mar 26, 2024
- Pension plan clients · 14 to 12Dec 8, 2023 to Mar 26, 2024
- Financial planning clients · 101-250 to More than 500Dec 8, 2023 to Mar 26, 2024
- State-registered IARs · 7 to 5Dec 8, 2023 to Mar 26, 2024
- Other offices · 2 to 1Dec 8, 2023 to Mar 26, 2024
- Discretionary RAUM · $446M to $571MDec 8, 2023 to Mar 26, 2024
- HNW RAUM · $359M to $467MDec 8, 2023 to Mar 26, 2024
- Individual RAUM · $79.2M to $94.6MDec 8, 2023 to Mar 26, 2024
- Non-discretionary RAUM · $12.6M to $15.5MDec 8, 2023 to Mar 26, 2024
- Pension RAUM · $13.4M to $17.2MDec 8, 2023 to Mar 26, 2024
Signals
6 dated events
- Andrea Lee Russo left Altrius Capital Management, Inc. for Darden Wealth Group (registered 2026-05-14)Jan 21, 2026 · Advisor changed firm · fact
- Altrius Capital Management, Inc. reported RAUM $586.5M, up 28% from $458.5M (2023-12-08 to 2024-03-26)Mar 26, 2024 · RAUM change · derived
- Lee Andrea Aitken (Chief Financial Officer) no longer on Schedule A of Altrius Capital Management, Inc. (listed 2023-12-08, absent 2024-03-26)Mar 26, 2024 · Control person left · inference
- Andrea Lee Russo left Altrius Capital Management, Inc. for Kroon & Mitchell Asset Management Llc (registered 2023-10-06)Sep 11, 2023 · Advisor changed firm · fact
- Anthony Ralph Milne (Chief Operating Officer And Chief Compliance Officer) no longer on Schedule A of Altrius Capital Management, Inc. (listed 2023-03-03, absent 2023-07-05)Jul 5, 2023 · Control person left · inference
- Robert Anthony D'Angelo left Altrius Capital Management, Inc. for Cresset Asset Management, Llc (registered 2022-06-07)Jul 1, 2022 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/altrius-capital-management-inc-/mycompareportedpublic record, Form ADV, Sep 17, 2026
- Website
- altriuscapital.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 252-638-7598reportedpublic record, Form ADV, Mar 6, 2026
- Team page
- altrius-capital.com/teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $143Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026