Alaethes Wealth, LLC

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Client assets under management

$506,450,224

Clients

84% high-net worth

Advisors

of 3 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

Low

Average account size

$5,221,136

About

Alaethes Wealth, LLC manages approximately $510 million for individuals, high‑net‑worth clients, business entities, and qualified retirement plans, providing discretionary and non‑discretionary asset management, assets‑held‑away guidance, and ERISA plan services. The firm also offers financial planning and consulting to asset‑management clients without charging an additional fee.

Investment programs are tailored to each client’s goals, time horizon, and risk tolerance, and may employ long‑ and short‑term purchases, trading, options strategies, and multiple methods of analysis (fundamental, technical, charting, cyclical and quantitative); accounts are reviewed at least quarterly for rebalancing and tax‑loss harvesting. Alaethes typically manages accounts with discretionary authority but documents client restrictions and will obtain prior approval for transactions when clients choose non‑discretionary service.

Noteworthy distinctions include a $3,000,000 account minimum that indicates a focus toward wealthier households and a formal ERISA practice that can serve as either a limited 3(21) advisor or a fully discretionary 3(38) investment manager for plan sponsors. The firm also conducts paid public seminars and workshops ($125 for books and materials), an educational offering that is uncommon among peers.

Client services

Financial planning Portfolio management Pension consulting Educational seminars or workshops

Expertise

Business exit / sale strategy Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Equity compensation tax strategy

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

$125 for seminars and workshops (cost of books and materials)

Percentage

$0 - $10,000,000: 0.75% annually $10,000,001 - $20,000,000: 0.50% annually $20,000,001+: 0.25% annually

Other

Account minimum: $3,000,000

Main office location

Alaethes Wealth, LLC

Glenbrook NV, United States

Number of offices

Most active in

California · Louisiana · Nevada · New Hampshire · Texas

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 858-735-9685

Advisors at this firm

Mark H

Series 63, Series 65

Glenbrook, NV

Alaethes Wealth, LLC

Mark Holmlund is a financial advisor at Alaethes Wealth, LLC with six years of industry experience. He holds Series 63 and Series 65 credentials and has been with Alaethes Wealth since 2019. Prior to that, he was a student from 2014 to 2019. Alaethes Wealth provides discretionary and non-discretionary investment management and comprehensive financial planning to individuals, high-net-worth clients, business entities, and qualified retirement plans. The firm employs a variety of analytical approaches and offers services ranging from long-term holdings to shorter-term trading and options, while generally avoiding firm-level leverage.

Business exit / sale strategy Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Equity compensation tax strategy Founder/Business Owner Executive

Cole H

Series 63, Series 65

Glenbrook, NV

Alaethes Wealth, LLC

Cole Holmlund is a financial advisor at Alaethes Wealth, LLC with five years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at Sanford C. Bernstein & Co., LLC and Morgan Stanley. Holmlund has been with Alaethes Wealth since 2019. Alaethes Wealth provides discretionary and non-discretionary investment management and comprehensive financial planning to individuals, high-net-worth clients, business entities, and qualified retirement plans. The firm employs a variety of analytical approaches and investment strategies tailored to client goals, and it offers educational seminars alongside its advisory services.

Business exit / sale strategy Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Equity compensation tax strategy Founder/Business Owner Executive

Candise H

CFP®, CFA®, Series 63

Glenbrook, NV

Alaethes Wealth, LLC

Candise Holmlund is a CFP® and CFA® with 23 years of industry experience. She has worked at Alaethes Wealth, LLC since 2019 and previously spent 16 years at Weatherly Asset Management, L.P. Alaethes Wealth provides discretionary and non-discretionary investment management and comprehensive financial planning to individuals, high-net-worth clients, business entities, and qualified retirement plans. The firm employs a variety of analytical approaches and offers tailored investment programs, ongoing portfolio management, and ERISA plan consulting.

Business exit / sale strategy Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Equity compensation tax strategy Founder/Business Owner Executive

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