Alaethes Wealth, Llc
- Regulatory AUM
- $526M
- Discretionary
- $504M
- Clients
- 102
- Avg AUM / client
- $5.2M
- Accounts
- 328
- Employees
- 3
AUM over time
Annual snapshots from Form ADV filings · as of Jun 08, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 17 | $5.8M | 1.1% |
| High net worth individuals | 81 | $516M | 98.1% |
| Pension and profit sharing plans | 2 | $2.9M | 0.55% |
| Charitable organizations | 2 | $1.5M | 0.29% |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Candise Lisa Holmlund | Trustee | CFP CFA | Jun 2019 (7y) | ≈ 56.25% – 100% via The Holmlund Family Trust Dated 8.5.93 |
| Mark William Holmlund | Trustee | Jun 2019 (7y) | GP / trustee / elected manager of The Holmlund Family Trust Dated 8.5.93 (indirect) | |
| Cole Theodore Holmlund | Registered representative | Aug 2020 (6y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The Holmlund Family Trust Dated 8.5.93 | Owner | Jun 2019 | 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):
- Candise Lisa Holmlund: 75% – 100% of The Holmlund Family Trust Dated 8.5.93 × 75% – 100% direct ≈ 56.25% – 100% 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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/08/2026 | 954 KB | 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
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Educational seminars/workshops
Custody
Reported custodians
- National Financial Services (Fidelity) $255M (49% of AUM) Jun 2026
- Charles Schwab & Co. $214M (41% of AUM) Jun 2026
- Morningstar By All Accounts $52.4M (10% of AUM) Jun 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: Jun 08, 2026.
View current Form ADV (SEC/IAPD) ↗