Overview
Who we are
Altamont Wealth Management, Inc. (referred to as “we,” “our,” “us,” or “Altamont”), has been registered
as an investment advisor since September 1996. Our principal officer is Elizabeth Mihalka.
Services we offer
Portfolio Management
We typically follow the following steps for each client that we provide investment advice:
1. Gather of information concerning your circumstances, goals and objectives. This information is
gathered by the client and reviewed in an initial meeting with the client.
2. Create a portfolio based on that policy.
3. Monitor investments, rebalance, and make adjustments as client’s circumstances dictate.
The equity portion of your portfolio is generally concentrated in ETFs and mutual funds that offer
risk/return characteristics that match the clients’ objectives and needs. The fixed income portion of the
portfolio is generally in high quality securities of short to intermediate maturities. We manage advisory
accounts on a non-discretionary basis. Account supervision is guided by your stated objectives (i.e.
maximum capital appreciation, growth, income, or growth and income).
Altamont provides investment advice involving primarily mutual funds and ETFs. In addition, Altamont
may assist the client in selecting separate account managers that are primarily available on the Schwab
Managed Account Platform.
Altamont may recommend the services of an independent third-party registered investment adviser to
implement a particular strategy for a client account. These third-party advisers may be used to assist in
designing large bond and/or stock portfolios or used to manage taxes or access an alternative investment
strategy.
Clients are free to accept or reject any recommendation of an independent third-party registered
investment adviser. If accepted, the client will receive the third-party investment adviser’s ADV
disclosure brochure and will enter into a separate investment agreement with that
third-party adviser that
sets forth the services and fees for that adviser. Any third-party investment adviser’s fee is in addition to
Altamont’s fee and is billed directly to the client. Altamont does not receive any compensation from the
third-party adviser it recommends.
We do not give advice regarding the purchase of individual stocks or bonds. Altamont will assist clients if
they already own individual stocks, bonds, or other securities in order to help them diversify their
investments.
Altamont does not use pre-designed model portfolios for clients. Instead, each client's portfolio is
constructed for them based on initial interviews, a review of their overall financial situation, all financial
investment, tax status and risk assessment.
When we provide investment advice to you regarding your retirement plan account or individual
retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income
Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement
accounts. The way we make money creates some conflicts with your interests, so we operate under a
special rule that requires us to act in your best interest and not put our interest ahead of yours.
Hourly Planning
Altamont also offers financial advice on a more limited basis to non-investment management clients.
This may include advice on only an isolated area(s) of concern such as estate planning, investments,
education planning, retirement planning, or any other specific topic. We also provide specific
consultation and administrative services regarding investment and financial concerns you may have. We
also provide advice on non-securities matters.
We do not participate in or provide portfolio management services to any wrap fee programs.
Assets under management
As of December 31, 2023, we managed assets of $166,766,569 on a non-discretionary basis. We do not
manage assets on a discretionary basis.