Alden Capital Management Inc.
- Regulatory AUM
- $1.5B
- Discretionary
- $823M
- Clients
- 2,552
- Avg AUM / client
- $594K
- Accounts
- 2,551
- Employees
- 23
AUM over time
Annual snapshots from Form ADV filings · as of Jul 01, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 2,321 | $749M | 49.4% |
| High net worth individuals | 183 | $59.0M | 3.89% |
| Pooled investment vehicles (non-investment companies) | 1 | $15.8M | 1.04% |
| Other | 47 | $692M | 45.7% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Dec 2024 · $27.4M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Community Financial Institutions Fund | Hedge Fund | Delaware | $27.4M | 73 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Sturdy Savings Bank 401 K Retirement Savings Plan Sturdy Savings Bank | 2024 | |
| Cumberland Valley Financial Corporation Savings & Retirement Plan Cumberland Valley National Bank | 2024 | |
| Group Pension Plan For Employees Of Acnb Bank Acnb Bank | 2024 | |
| Acnb Bank Salary Savings Plan Acnb Bank | 2024 | |
| Magyar Bank 401(k) Profit Sharing Plan Magyar Bank | 2024 | |
| Foodware Llc 401(k) Profit Sharing Plan & Trust Foodware Llc | 2024 | |
| Rutter's Retirement Savings Plan Rutter's | 2024 | |
| Cohen & Company, Llc 401(k) Plan Cohen & Company, Llc | 2024 | |
| The Milford Bank 401(k) Profit Sharing Plan With Cash Or Deferred Arrangement The Milford Bank | 2024 |
People (21)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Kenneth Richard Smith | Chief Compliance Officer | Feb 2018 (9y) | Less than 5% | |
| Lee Albert Calfo | Chief Executive Officer | Feb 2018 (9y) | ≈ 37.5% – 75% via Alden Partners Llc | |
| John Francis Mulqueen | Chief Operating Officer | May 2018 (8y) | Less than 5% | |
| Aaron Lee Williams | Managing Director | Mar 2024 (2y) | Less than 5% | |
| Karen M. Van Horn | Chief Risk Officer | Mar 2024 (2y) | Less than 5% | |
| John Colucci | Registered representative | Jul 2018 (8y) | ||
| Anthony Vekony Mccracken | Registered representative | CFP | Nov 2018 (8y) | |
| William Ross Small | Registered representative | Jul 2019 (7y) | ||
| Kathleen Elizabeth Schroeder | Registered representative | Aug 2019 (7y) | ||
| Christopher John Coloracci | Registered representative | Dec 2019 (7y) | ||
| Frederick Charles Peters | Registered representative | Jan 2020 (7y) | ||
| Robert Edward Fish | Registered representative | May 2020 (6y) | ||
| Richard Shant Chebookjian | Registered representative | May 2020 (6y) | ||
| James Nendel Pepperman | Registered representative | Jun 2020 (6y) | ||
| William Jude Atkins | Registered representative | Nov 2021 (5y) | ||
| Paul Joseph La Fountain | Registered representative | Jul 2022 (4y) | ||
| Matthew Thomas Resch | Registered representative | CFA | Jun 2024 (2y) | |
| J Pierce Dever | Registered representative | CFA | Aug 2024 (2y) | |
| Robert Emmett Burns | Registered representative | Feb 2025 (1y) | ||
| Craig M Wiener | Registered representative | Mar 2025 (1y) | ||
| Andrew J Giannone | Registered representative | CFA | Apr 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Alden Partners Llc | Owner | Feb 2018 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Lee Albert Calfo: 50% – 75% of Alden Partners Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $27.4M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Community Financial Institutions Fund | Hedge Fund | $27.4M | $250K | 73 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (9)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Sturdy Savings Bank 401 K Retirement Savings Plan | Sturdy Savings Bank | 136 | $36.7M | 01/01/2024 |
| Cumberland Valley Financial Corporation Savings & Retirement Plan | Cumberland Valley National Bank | 144 | $16.9M | 01/01/2024 |
| Group Pension Plan For Employees Of Acnb Bank | Acnb Bank | 53 | $46.4M | 01/01/2024 |
| Acnb Bank Salary Savings Plan | Acnb Bank | 352 | $38.2M | 01/01/2024 |
| Magyar Bank 401(k) Profit Sharing Plan | Magyar Bank | 105 | $13.6M | 01/01/2024 |
| Foodware Llc 401(k) Profit Sharing Plan & Trust | Foodware Llc | 0 | $0 | 01/01/2024 |
| Rutter's Retirement Savings Plan | Rutter's | 1,785 | $2.6K | 01/01/2024 |
| Cohen & Company, Llc 401(k) Plan | Cohen & Company, Llc | 104 | $20.9M | 01/01/2024 |
| The Milford Bank 401(k) Profit Sharing Plan With Cash Or Deferred Arrangement | The Milford Bank | 90 | $23.0M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/01/2026 | 1.98 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- Fidelity Distributors Company Llc $108M (7% of AUM) Jul 2026
- Raymond James $90.6M (6% of AUM) Dec 2025
- Interactive Brokers $841K (0% of AUM) Jul 2026
- Axos Clearing $128K (0% of AUM) Jul 2026
- Charles Schwab & Co. Jul 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 01, 2026.
View current Form ADV (SEC/IAPD) ↗