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Altamont Capital Management

Updated today

Client assets under management

$317,864,144

Clients

148

28% high-net worth

Advisors

2

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

74

High

Average account size

$2,147,731

About

Altamont Capital Management provides ongoing investment advisory and portfolio management services to individuals (including high-net-worth clients), pension and profit-sharing plans, trusts, estates, and other business entities. The firm also offers retirement plan services and may assist clients in procuring insurance and other financial products as part of its service offerings.

The firm’s investment approach emphasizes long-term asset allocation grounded in Modern Portfolio Theory and a belief in market efficiency, using diversified, passively managed, asset-class mutual funds and model portfolios. Altamont contracts with Savant Wealth Management for portfolio management, trade processing, institutional-class fund access, and reporting, and monitors client accounts on a regular basis with custodial statements provided to clients.

A distinguishing aspect of the firm is that all of its investment advisory representatives are CPAs affiliated with Gould Killian CPA Group, P.A., with those representatives spending the majority of their time providing accounting and tax services and a smaller portion of time on investment advisory activities, which can create closer coordination between tax/accounting and investment advice. The brochure also discloses that the firm may receive commissions for insurance or other financial product sales, and it manages roughly $412 million in client assets with a two-advisor team, a concentrated advisor-to-assets staffing profile compared with many peers.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Passive / index investing

Fee options

Percentage

$0 - $500,000: 1.25% $500,001 - $1,000,000: 1.10% $1,000,001 - $3,000,000: 1.00% $3,000,001 - $10,000,000: 0.90% $10,000,001+: 0.60%

Commissions

Adviser may receive commissions for insurance products

Project-based
Other

Account minimum: $150,000 Minimum fee: Retirement Plan Services minimum annual fee: $3,000

Main office location

Altamont Capital Management

100 Coxe Avenue

Asheville NC 28801, United States

Number of offices

3

Most active in

North Carolina

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Harvey J

Series 65

Asheville, NC

Altamont Capital Management

Harvey Jenkins is a financial advisor at Altamont Capital Management with nine years of industry experience. He holds a Series 65 designation and has worked at Altamont since 2001. In addition to his advisory role, Jenkins is extensively involved with Gould Killian CPA Group, P.A., a firm he has been part of since 1978 and where he spends the majority of his professional time. Altamont Capital Management is an SEC-registered investment adviser serving individuals, retirement plans, trusts, estates, and corporate entities. The firm focuses on long-term asset allocation strategies based on Modern Portfolio Theory and fundamental analysis, utilizing institutional-class mutual funds and offering comprehensive portfolio management and client reporting services.

Passive / index investing
user avatar

Shon N

CFP®

Asheville, NC

Altamont Capital Management

Shon Norris is a CFP® professional with 16 years at Altamont Capital Management and over 26 years with Gould Killian CPA Group, PA. He has two years of industry experience in financial advising and operates out of Asheville, NC. Norris’s background includes a long-standing role at an accounting firm alongside his advisory work. Altamont Capital Management, LLC is an SEC-registered investment adviser serving individuals, retirement plans, trusts, estates, and corporate entities. The firm follows a long-term, asset-allocation strategy based on Modern Portfolio Theory and fundamental analysis, utilizing passively managed institutional-class mutual funds and providing comprehensive portfolio management and monitoring services.

Passive / index investing
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