SEC-registered wealth management firm Broker-dealer affiliated
Alden Capital
As of its Form ADV filed September 2, 2026, Alden Capital, an SEC-registered, broker-dealer affiliated wealth management firm in Wayne, Pennsylvania, reported $1.5 billion in regulatory assets under management across 2,551 accounts, ranking #67 among all wealth firms in Pennsylvania by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 293551
- SEC file number
- 801-116941
- Registered since
- July 9, 2019
- Latest Form ADV filing
- September 2, 2026
- Legal name
- ALDEN CAPITAL MANAGEMENT INC.
- Organized as
- Corporation
- Fiscal year ends
- December
- Other offices
- 3
Key figures
- Regulatory assets under management
- $1.5 billion
- Discretionary
- $823.4 million (54.3%)
- Non-discretionary
- $691.6 million
- Accounts
- 2,551 (2,504 discretionary)
- Clients
- 2,552, approximate as reported
- Employees
- 23
- Advisory staff
- 19 performing investment advisory functions
- Average account
- $593,897
- Asset growth, 1 year
- 4.9% (from $1.4 billion a year earlier)
- Asset growth, 3-year annual rate
- 35.9% (from $603.7 million three years earlier)
- Asset growth, 5-year annual rate
- 25.9% (from $478.2 million five years earlier)
- Client growth, 1 year
- -18.9% (from 3,147)
Broker-dealer affiliated. The firm is affiliated with a broker-dealer (Item 7.A(1)), at least half of its advisory staff are registered representatives of a broker-dealer (Item 5.B(2) against 5.B(1)), and its advisers manage less than $100 million each on average (5.F(2)(c) over 5.B(1)), the pattern of a broker-dealer's advisory arm rather than an adviser that owns a small broker-dealer. It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2018 | $3.9 million |
| October 1, 2019 | $107.7 million |
| October 1, 2020 | $268.0 million |
| October 4, 2021 | $478.2 million |
| October 3, 2022 | $672.3 million |
| October 5, 2023 | $603.7 million |
| October 1, 2024 | $657.2 million |
| September 2, 2025 | $1.4 billion |
| October 2, 2026 | $1.5 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| Individuals (other than high net worth) 2,321 clients | $748.7 million | |
| Other 47 clients | $691.6 million | |
| High net worth individuals 183 clients | $59.0 million | |
| Pooled investment vehicles 1 client | $15.8 million |
How the firm is paid
- A percentage of assets under management
- Fixed fees
Advisory services
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
- Selection of other advisers
- Other
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Sponsor, general partner or managing member of pooled investment vehicles
Advises 1 private fund (Item 7.B).
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 19
- Also registered through a broker-dealer
- 13
- Employees who are IARs (Form ADV 5.B(3))
- 0
Designations held by the firm's IARs: CFA 3, CFP 1.
Between 8 and 19 of the firm's 19 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 4 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Pennsylvania
| Firm | City | RAUM |
|---|---|---|
| Abundance Wealth Counselors, LLC | State College | $1.6 billion |
| Roble, Belko and Company, Inc. | Sewickley | $1.6 billion |
| Kintra Wealth, LLC | Williamsport | $1.5 billion |
| Tower Bridge Advisors | West Conshohocken | $1.5 billion |
| River Wealth Advisors LLC | Camp Hill | $1.5 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Alden Capital on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.aldeninvestmentgroup.com
- Wealth management firms in Pennsylvania
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.