Athena Investment Management

Athena Investment Management provides discretionary portfolio management and comprehensive advisory services for individual and institutional clients, including account types such as IRAs, trusts, 401(k)s, LLCs, charitable foundations, and donor-advised funds. The firm’s services include preparing and executing investment plans, regular performance and tax reporting, and assistance with account funding, distributions, and estate-related matters.

Portfolios are managed individually with the stated objective of maximizing long-term, after-tax total return within each client’s risk tolerance and liquidity needs; the firm uses a defined 100-company universe for domestic large-cap equity selection, a relative-value approach built on projected earnings and earnings-yield comparisons, and tactical adjustments to asset allocations. Athena typically maintains low turnover (reported at roughly 5%–15% for most clients), favors dividend-paying, well-capitalized companies, and uses index funds for certain asset classes where efficiency is preferred.

Several features set Athena apart from many peers: as of 12/31/25 it reported $342,122,662 in assets under management while operating with a single owner/principal, resulting in high AUM per advisor, and its disclosures indicate relationships and account types that go beyond typical retail mandates — including management of entity accounts under trustee arrangements, use of shared online access for account management, and engagements with other types of institutional/third-party adviser arrangements. The firm also has a documented succession plan with another registered adviser, and it discloses specific custody circumstances when fee-deduction authority or trustee/online-access arrangements apply.