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

Athena Wealth Management, LLC

Independent wealth managerReno, NevadaCRD 319373SEC 801-130326websiteIAPD
Latest filing Mar 18, 2026
First filing on the tape Apr 27, 2022 · 12 filings
SEC status approved since May 22, 2024
RAUM
$174M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$171M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$174M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$174M as of Mar 18, 2026
Apr 18, 2025$141M then
HNW client RAUM$125M as of Mar 18, 2026
Apr 18, 2025$98.4M then
State-registered IARs (5.B.3)1 as of Mar 18, 2026
Apr 18, 20251 then
Employees (5.A)3 as of Mar 18, 2026
Apr 18, 20256 then
Private funds: no history
RAUM +24% over the last fiscal yearIARs 1 to 1
Practice profile
derived from the filing of Mar 18, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$174MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
144derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$349,357derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
0.2derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+24%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.4%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$51.5M, 74 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)
  • 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 hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$125M72%
  • Individuals$46.1M26%
  • Charitable organizations$2.8M1.6%
Individual clients
83reported
HNW clients
61reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
498reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$51.5M for 74 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Matthew A FoertschReno, NvMay 27, 202212 y2
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
    • A Matthew Foertsch · Managing Member & Chief Compliance Officercontrol
      since 10/2020 · owns 75% or more
    Related persons
    Schedule D 7.A
    • Advisor Tax Services, LLC
      insurancen
    Offices
    Schedule D 1.F, the 25 largest
    • Incline Village, NV1 employees
    • Los Gatos, CA1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 392 to 498
      Jul 8, 2025 to Mar 18, 2026
    • Charity clients · 1.0 to unset
      Jul 8, 2025 to Mar 18, 2026
    • HNW clients · 54 to 61
      Jul 8, 2025 to Mar 18, 2026
    • Individual clients · 88 to 83
      Jul 8, 2025 to Mar 18, 2026
    • Assets in custody · $39.1M to $51.5M
      Jul 8, 2025 to Mar 18, 2026
    • Employees · 6 to 3
      Jul 8, 2025 to Mar 18, 2026
    • Financial planning clients · 26-50 to 1-10
      Jul 8, 2025 to Mar 18, 2026
    • Discretionary RAUM · $141M to $174M
      Jul 8, 2025 to Mar 18, 2026
    • HNW RAUM · $98.4M to $125M
      Jul 8, 2025 to Mar 18, 2026
    • Individual RAUM · $41.2M to $46.1M
      Jul 8, 2025 to Mar 18, 2026
    • RAUM · $141M to $174M
      Jul 8, 2025 to Mar 18, 2026
    • Financial planning clients · 26-50 to 26-50
      Apr 18, 2025 to Jul 8, 2025
    • Accounts · 316 to 392
      Dec 2, 2024 to Apr 18, 2025
    • Advisory activities · 3 to 2
      Dec 2, 2024 to Apr 18, 2025
    • HNW clients · 42 to 54
      Dec 2, 2024 to Apr 18, 2025
    • Individual clients · 74 to 88
      Dec 2, 2024 to Apr 18, 2025
    • Assets in custody · $23.6M to $39.1M
      Dec 2, 2024 to Apr 18, 2025
    • Employees · 3 to 6
      Dec 2, 2024 to Apr 18, 2025
    • Financial planning clients · 101-250 to 26-50
      Dec 2, 2024 to Apr 18, 2025
    • Other offices · 2 to 4
      Dec 2, 2024 to Apr 18, 2025
    • Discretionary RAUM · $108M to $141M
      Dec 2, 2024 to Apr 18, 2025
    • HNW RAUM · $73.8M to $98.4M
      Dec 2, 2024 to Apr 18, 2025
    • Individual RAUM · $33.9M to $41.2M
      Dec 2, 2024 to Apr 18, 2025
    • RAUM · $108M to $141M
      Dec 2, 2024 to Apr 18, 2025
    • HQ city · INCLINE VILLAGE to RENO
      Apr 22, 2024 to Dec 2, 2024
    • Other offices · 1 to 2
      Apr 22, 2024 to Dec 2, 2024
    • Accounts · 239 to 316
      Oct 6, 2022 to Apr 22, 2024
    • Advisory activities · 4 to 3
      Oct 6, 2022 to Apr 22, 2024
    • Charity clients · unset to 1.0
      Oct 6, 2022 to Apr 22, 2024
    • HNW clients · 26 to 42
      Oct 6, 2022 to Apr 22, 2024
    • Individual clients · 72 to 74
      Oct 6, 2022 to Apr 22, 2024
    • Assets in custody · $55.9M to $23.6M
      Oct 6, 2022 to Apr 22, 2024
    • Employees · 1 to 3
      Oct 6, 2022 to Apr 22, 2024
    • Financial planning clients · 0 to 101-250
      Oct 6, 2022 to Apr 22, 2024
    • Discretionary RAUM · $71.5M to $108M
      Oct 6, 2022 to Apr 22, 2024
    • HNW RAUM · $44.3M to $73.8M
      Oct 6, 2022 to Apr 22, 2024
    • Individual RAUM · $27.1M to $33.9M
      Oct 6, 2022 to Apr 22, 2024
    • RAUM · $71.5M to $108M
      Oct 6, 2022 to Apr 22, 2024
    • Related insurance company · false to true
      Oct 6, 2022 to Apr 22, 2024
    • Other offices · 0 to 1
      Aug 23, 2022 to Sep 23, 2022
    Signals
    1 dated events
    • Athena Wealth Management, Llc filed its initial SEC registration (Form ADV)
      Apr 27, 2022 · 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
    408-716-2769reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    408-684-3705reportedpublished by the firm, firm site, Sep 17, 2026
    Website
    ATHENAWM.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    (408) 684-3705reportedpublic record, Form ADV, Mar 18, 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
    $174Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026