Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Educational Seminars & Workshops
- Other
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
- Other Investment Advisors
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Altrius Capital Management, Inc. Overview
Altrius Capital Management, Inc. is a registered investment advisory firm that has been in business since 2004. They operate out of their headquarters in New Bern, NC, and offer fee-only financial planning and portfolio management services. They provide these services to both individuals and small businesses, as well as businesses and institutional clients. In addition to their core investment advisory services, Altrius Capital Management, Inc. also provides educational seminars and workshops to help individuals and businesses better understand their financial options. They also offer general consulting services, helping clients to make informed decisions about their financial futures. One of the benefits of working with Altrius Capital Management, Inc. is that they are a fee-only firm. This means that they are only compensated for their services via the fees that they charge their clients. This aligns their interests with those of their clients, ensuring that the advice they provide is in the best interest of the client rather than being influenced by commissions or other incentives.
ALTRIUS CAPITAL MANAGEMENT, INC. caters to a diverse range of clients seeking financial and investment management services. The firm works with individuals and high net worth individuals seeking to build their investment portfolios or manage their wealth effectively. Additionally, the firm caters to pension or profit sharing plans, charitable organizations, and other investment advisors exploring investment opportunities. ALTRIUS CAPITAL MANAGEMENT, INC. adapts its strategies and services to suit the individual requirements of each client, providing tailored solutions to meet their unique financial goals. In terms of fee structures, ALTRIUS CAPITAL MANAGEMENT, INC. offers a variety of options based on the services provided to clients. Their fee structure may involve a percentage of assets under management (AUM) or a fixed fee, depending on each client's needs. This percentage-based fee is calculated as a percentage of the total value of the assets managed on behalf of the client. With a fixed fee structure, clients experience the benefit of a predictable and transparent payment structure. ALTRIUS CAPITAL MANAGEMENT, INC. offers transparency in their fee structures, ensuring clients understand the costs of different services offered, enabling them to make informed decisions about the management of their investments.
Typical Clients, Fee Structures & Investment Minimum
According to ALTRIUS CAPITAL MANAGEMENT, INC.'s Part 2 Brochure note about investment minimums, the firm generally requires a minimum of $500,000 in investible liquid assets to open and maintain an advisory account. However, they may waive this minimum account size at their discretion, such as when a smaller account is tied to a larger client relationship or when you appear to have significant potential for increasing your assets under their management. Additionally, ALTRIUS CAPITAL MANAGEMENT, INC. may combine account values for clients and their minor children, joint accounts with their spouse, and other types of related accounts to meet the stated minimum.
How This Office Can Help Hoboken, NJ Residents
Altrius Capital Management is a financial firm dedicated to providing clients in Hoboken, NJ, with tailored investment strategies and financial planning solutions. They assist clients in understanding their specific financial situations and developing a personalized plan that aligns with their financial objectives. Whether someone is just starting their career, planning for retirement, or looking to grow their wealth, Altrius Capital Management provides comprehensive financial services that can help individuals achieve their goals. Hoboken residents face a set of unique financial circumstances that Altrius Capital Management is equipped to handle. With high living costs and a competitive job market, many Hoboken residents may find themselves struggling to balance their finances. Altrius Capital Management works with clients to create personalized budgets and investment strategies that can help them save for the future while meeting their current financial obligations. Additionally, many Hoboken residents may be dealing with high levels of student debt, and Altrius Capital Management provides specialized planning for those who face this challenge. Overall, Altrius Capital Management is dedicated to helping Hoboken residents navigate the financial complexities of modern life and build a secure financial future.
Services Offered by Altrius Capital Management, Inc.
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Altrius Capital Management, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Altrius Capital Management, Inc. is registered to service clients in the following states:
- California
- Florida
- Georgia
- Louisiana
- Maryland
- Michigan
- New Hampshire
- New Jersey
- New York
- North Carolina
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
Disciplinary History
Altrius Capital Management, Inc. does not have any disclosures. Please visit it's Form ADV for more details.