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

Alaethes Wealth, LLC

Independent wealth managerCRD 304920SEC 801-119436websiteIAPD
Latest filing Sep 15, 2026
First filing on the tape Aug 12, 2020 · 15 filings
SEC status approved since Sep 11, 2020
RAUM
$526M
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
99%
$522M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$175M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$526M as of Jun 8, 2026
Feb 19, 2021$160M then
HNW client RAUM$516M as of Jun 8, 2026
Feb 19, 2021$153M then
State-registered IARs (5.B.3)3 as of Jun 8, 2026
Feb 19, 20213 then
Employees (5.A)3 as of Jun 8, 2026
Feb 19, 20213 then
Private funds: no history
RAUM +20% over the last fiscal year+25% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Sep 15, 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
$175MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
33derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.4MderivedHNW RAUM over HNW clients
Average account
$1.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.2%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, educational seminarsreportedItem 5.G
Custody
$19.3M, 4 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
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$516M98%
  • Individuals$5.8M1.1%
  • Pension and profit-sharing plans$2.9M0.6%
  • Charitable organizations$1.5M0.3%
Individual clients
17reported
HNW clients
81reported
Pension plan clients
2reported
Charitable clients
2reported
Accounts
328reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$19.3M for 4 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Candise Lisa HolmlundCertified Financial Planner, Chartered Financial AnalystRancho Santa Fe, Ca Sep 5, 201941 y1
Mark William HolmlundGlenbrook, Nv Sep 5, 201940 y0
Cole Theodore HolmlundGlenbrook, Nv Aug 12, 202013 y0
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
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Lisa Candise Holmlund · Chief Compliance Officercontrol
      since 06/2019 · owns less than 5%
    • Lisa Candise Holmlund · Trusteecontrol
      since 06/2019 · owns 75% or more of The Holmlund Family Trust Dated 8.5.93
    • William Mark Holmlund · Trustee
      since 06/2019 · owns F of The Holmlund Family Trust Dated 8.5.93
    Entity owners
    • The Holmlund Family Trust Dated 8.5.93 · 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
    Glenbrook, Nv300
    Rancho Santa Fe, Ca300
    Offices
    Schedule D 1.F, the 25 largest
    • , 3 employees
    What changed
    consecutive filings, newest first
    • Financial planning clients · 1-10 to 1-10
      Jun 8, 2026 to Sep 15, 2026
    • HQ city · to unset
      Jun 8, 2026 to Sep 15, 2026
    • HQ state · to unset
      Jun 8, 2026 to Sep 15, 2026
    • Related adviser · false to unset
      Jun 8, 2026 to Sep 15, 2026
    • Related bank · false to unset
      Jun 8, 2026 to Sep 15, 2026
    • Related broker-dealer · false to unset
      Jun 8, 2026 to Sep 15, 2026
    • Related insurance company · false to unset
      Jun 8, 2026 to Sep 15, 2026
    • Succession · false to unset
      Jun 8, 2026 to Sep 15, 2026
    • Accounts · 327 to 328
      Feb 25, 2026 to Jun 8, 2026
    • Individual clients · 16 to 17
      Feb 25, 2026 to Jun 8, 2026
    • Discretionary RAUM · $491M to $504M
      Feb 25, 2026 to Jun 8, 2026
    • HNW RAUM · $502M to $516M
      Feb 25, 2026 to Jun 8, 2026
    • Individual RAUM · $4.9M to $5.8M
      Feb 25, 2026 to Jun 8, 2026
    • Non-discretionary RAUM · $19.4M to $22.4M
      Feb 25, 2026 to Jun 8, 2026
    • Pension RAUM · $2.2M to $2.9M
      Feb 25, 2026 to Jun 8, 2026
    • RAUM · $510M to $526M
      Feb 25, 2026 to Jun 8, 2026
    • Accounts · 263 to 327
      Jan 21, 2025 to Feb 25, 2026
    • Charity clients · 1 to 2
      Jan 21, 2025 to Feb 25, 2026
    • HNW clients · 78 to 81
      Jan 21, 2025 to Feb 25, 2026
    • Assets in custody · $18.5M to $19.3M
      Jan 21, 2025 to Feb 25, 2026
    • Financial planning clients · 11-25 to 1-10
      Jan 21, 2025 to Feb 25, 2026
    • Discretionary RAUM · $427M to $491M
      Jan 21, 2025 to Feb 25, 2026
    • HNW RAUM · $433M to $502M
      Jan 21, 2025 to Feb 25, 2026
    • Individual RAUM · $4.0M to $4.9M
      Jan 21, 2025 to Feb 25, 2026
    • Non-discretionary RAUM · $12.5M to $19.4M
      Jan 21, 2025 to Feb 25, 2026
    • Pension RAUM · $1.6M to $2.2M
      Jan 21, 2025 to Feb 25, 2026
    • RAUM · $439M to $510M
      Jan 21, 2025 to Feb 25, 2026
    • Accounts · 195 to 263
      Nov 21, 2024 to Jan 21, 2025
    • HNW clients · 69 to 78
      Nov 21, 2024 to Jan 21, 2025
    • Assets in custody · $19.6M to $18.5M
      Nov 21, 2024 to Jan 21, 2025
    • Financial planning clients · 1-10 to 11-25
      Nov 21, 2024 to Jan 21, 2025
    • HQ city · unset to
      Nov 21, 2024 to Jan 21, 2025
    • HQ state · unset to
      Nov 21, 2024 to Jan 21, 2025
    • Discretionary RAUM · $372M to $427M
      Nov 21, 2024 to Jan 21, 2025
    • HNW RAUM · $379M to $433M
      Nov 21, 2024 to Jan 21, 2025
    • Individual RAUM · $5.0M to $4.0M
      Nov 21, 2024 to Jan 21, 2025
    • Non-discretionary RAUM · $13.9M to $12.5M
      Nov 21, 2024 to Jan 21, 2025
    • Pension RAUM · $1.3M to $1.6M
      Nov 21, 2024 to Jan 21, 2025
    • RAUM · $386M to $439M
      Nov 21, 2024 to Jan 21, 2025
    • Accounts · 100 to 195
      Jan 25, 2023 to Feb 20, 2024
    Signals
    2 dated events
    • Alaethes Wealth, Llc reported RAUM $385.9M, up 43% from $269.1M (2023-01-25 to 2024-02-20)
      Feb 20, 2024 · RAUM change · derived
    • Alaethes Wealth, Llc filed its initial SEC registration (Form ADV)
      Aug 12, 2020 · 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
    Website
    alaethes.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    858-735-9685reportedpublic record, Form ADV, Sep 15, 2026
    Team page
    alaethes.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
    $175Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026