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Alterna Wealth Management
Alterna Wealth Management is an SEC-registered investment adviser in Houston, TX, registered since 2010. The firm manages $1.4 billion in regulatory assets,...
Alterna Wealth Management
Alterna Wealth Management is an SEC-registered investment adviser in Houston, TX, registered since 2010. The firm manages $1.4 billion in regulatory assets, with $861 million on a discretionary basis. It has 55 employees and 28 investment advisers.
General information
Firm type
Bank / Wealth / Trust
Year founded
2010
Location
Region
North America
Country
United States
City
Houston
Corporate office
Houston, TX, United States
Principals
Justin D. Harper
President & CEO
Ken Allen
Chief Compliance Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Alterna Wealth Management?
Justin Harper, as President and CEO, sets the investment philosophy and leads the construction of client portfolios. The firm operates as a centralized RIA, meaning Harper's team holds discretionary authority over the accounts it manages. Ken Allen serves as Chief Compliance Officer, overseeing the regulatory framework that governs trading and client communication.
What investment vehicles does Alterna use for client portfolios?
Alterna builds portfolios using a mix of individual equities, fixed-income securities, and liquid alternative strategies including managed futures. The firm does not market its own proprietary funds. Its discretionary authority means it can rebalance and trade within client accounts without seeking prior approval for each transaction, though the firm emphasizes goals-based reporting over tactical trading volume.
Is Alterna compensated through commissions or fees?
Alterna is compensated exclusively through advisory fees paid by clients. As a fee-only RIA, the firm does not accept commissions, 12b-1 marketing fees, revenue-sharing from mutual fund companies, or brokerage incentives. This means the firm's revenue grows with client portfolio appreciation and new asset inflows — aligning its economics with client outcomes rather than product sales.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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