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

Altman Advisors

Independent wealth managerChicago, IllinoisCRD 281778SEC 801-108135websiteIAPD
Legal name Altman Advisors, Inc
Latest filing Jul 30, 2026
First filing on the tape Jul 11, 2016 · 50 filings
SEC status approved since Jul 15, 2016
RAUM
$483M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$481M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$80.6M
derived; firm RAUM over IAPD count
Employees
13
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
50 filings and snapshots on the tape
RAUM$483M as of Jul 30, 2026
Feb 16, 2017$191M then
HNW client RAUM$461M as of Jul 30, 2026
Mar 29, 2018$232M then
State-registered IARs (5.B.3)6 as of Jul 30, 2026
Feb 16, 20172 then
Employees (5.A)13 as of Jul 30, 2026
Feb 16, 20175 then
Private funds: no history
RAUM +13% over the last fiscal year+17% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Jul 30, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$80.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
31derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.4MderivedHNW RAUM over HNW clients
Average account
$874,192derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.2derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.8%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
Wrap fee program
$909MreportedItem 5.I
Custody
$404M, 164 clientsreportedItem 9.A
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
  • is an insurance broker or agent (6.A.6)
  • 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$461M95%
  • Individuals$19.9M4.1%
  • Pension and profit-sharing plans$2.1M0.4%
Individual clients
79reported
HNW clients
105reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
553reported
Financial planning clients
0reported
Wrap fee programs
$455M sponsored, $455M managedreported
Custody of client assets
$404M for 164 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Benjamin Marcus AltmanChicago, IlJul 18, 201622 y1
Michael Armand SantarelliChicago, IlJan 6, 202224 y0
George Orest RudawskiChartered Financial AnalystChicago, IlOct 12, 202227 y0
Ryan Murphy SafkoCertified Financial PlannerGreenville, Sc Nov 8, 202210 y3
Philip Sherman GordonChicago, IlJun 20, 202327 y0
Amy WeigandChartered Financial AnalystChicago, IlApr 28, 202513 y3
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Marcus Benjamin Altman · Ceo & Chief Compliance Officercontrol
    since 07/2016 · owns less than 5%
  • Marcus Benjamin Altman · Trusteecontrol
    since 02/2017 · owns F of The Benjamin M. Altman Trust Ua 02/09/2017
Entity owners
  • The Benjamin M. Altman Trust Ua 02/09/2017 · Owner
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Chicago, Il · principal600
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 609 to 553
    Mar 31, 2025 to Mar 18, 2026
  • HNW clients · 110 to 105
    Mar 31, 2025 to Mar 18, 2026
  • Individual clients · 69 to 79
    Mar 31, 2025 to Mar 18, 2026
  • Pension plan clients · 4.0 to unset
    Mar 31, 2025 to Mar 18, 2026
  • Assets in custody · $389M to $404M
    Mar 31, 2025 to Mar 18, 2026
  • Discretionary RAUM · $428M to $483M
    Mar 31, 2025 to Mar 18, 2026
  • HNW RAUM · $410M to $461M
    Mar 31, 2025 to Mar 18, 2026
  • Individual RAUM · $14.4M to $19.9M
    Mar 31, 2025 to Mar 18, 2026
  • Pension RAUM · $3.1M to $2.1M
    Mar 31, 2025 to Mar 18, 2026
  • RAUM · $428M to $483M
    Mar 31, 2025 to Mar 18, 2026
  • Wrap assets (manager) · $388M to $455M
    Mar 31, 2025 to Mar 18, 2026
  • Wrap assets (sponsor) · $388M to $455M
    Mar 31, 2025 to Mar 18, 2026
  • Accounts · 585 to 609
    Dec 17, 2024 to Mar 31, 2025
  • Advisory employees · 8 to 7
    Dec 17, 2024 to Mar 31, 2025
  • HNW clients · 104 to 110
    Dec 17, 2024 to Mar 31, 2025
  • Individual clients · 72 to 69
    Dec 17, 2024 to Mar 31, 2025
  • Pension plan clients · unset to 4.0
    Dec 17, 2024 to Mar 31, 2025
  • Assets in custody · $325M to $389M
    Dec 17, 2024 to Mar 31, 2025
  • Employees · 12 to 13
    Dec 17, 2024 to Mar 31, 2025
  • Financial planning clients · 0 to 0
    Dec 17, 2024 to Mar 31, 2025
  • State-registered IARs · 7 to 6
    Dec 17, 2024 to Mar 31, 2025
  • Discretionary RAUM · $373M to $428M
    Dec 17, 2024 to Mar 31, 2025
  • HNW RAUM · $362M to $410M
    Dec 17, 2024 to Mar 31, 2025
  • Individual RAUM · $11.3M to $14.4M
    Dec 17, 2024 to Mar 31, 2025
  • Pension RAUM · unset to 3072797.0
    Dec 17, 2024 to Mar 31, 2025
  • RAUM · $373M to $428M
    Dec 17, 2024 to Mar 31, 2025
  • Wrap assets (manager) · $352M to $388M
    Dec 17, 2024 to Mar 31, 2025
  • Wrap assets (sponsor) · $352M to $388M
    Dec 17, 2024 to Mar 31, 2025
  • Accounts · 701 to 585
    Mar 27, 2024 to Apr 22, 2024
  • HNW clients · 103 to 104
    Mar 27, 2024 to Apr 22, 2024
  • Individual clients · 70 to 72
    Mar 27, 2024 to Apr 22, 2024
  • Discretionary RAUM · $344M to $373M
    Mar 27, 2024 to Apr 22, 2024
  • HNW RAUM · $245M to $362M
    Mar 27, 2024 to Apr 22, 2024
  • Individual RAUM · $99.6M to $11.3M
    Mar 27, 2024 to Apr 22, 2024
  • RAUM · $344M to $373M
    Mar 27, 2024 to Apr 22, 2024
  • Wrap assets (manager) · $325M to $352M
    Mar 27, 2024 to Apr 22, 2024
  • Wrap assets (sponsor) · $325M to $352M
    Mar 27, 2024 to Apr 22, 2024
  • Accounts · 579 to 701
    Oct 12, 2023 to Mar 27, 2024
  • Advisory employees · 6 to 8
    Oct 12, 2023 to Mar 27, 2024
  • HNW clients · 96 to 103
    Oct 12, 2023 to Mar 27, 2024
Signals
2 dated events
  • John R Pavlichko left Altman Advisors for Ameriprise Financial Services, Llc (registered 2022-12-12)
    Oct 25, 2022 · Advisor changed firm · fact
  • Doheny Advisors Llc filed its initial SEC registration (Form ADV)
    Jul 11, 2016 · First SEC registration · 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
Business phone
312-759-7801reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
312-759-7802reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
312-759-7803reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/altman-advisorsreportedpublic record, Form ADV, Sep 17, 2026
Website
altmanadvisors.co.il/enreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
(312) 759-7801reportedpublic record, Form ADV, Jul 30, 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
$80.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026