Company Overview

Altus Wealth Management is a renowned financial services firm prominently headquartered in Baton Rouge, Louisiana, with additional branches in Ft. Mitchell, Kentucky, and Albuquerque, New Mexico. As a woman-owned business, it focuses on building financial securities and trust through reliable relationships and exceptional customer service. The company provides a comprehensive suite of services including financial planning, investment management, and wealth management. Altus Wealth Management caters to individuals, high-net-worth individuals, trusts, and charitable organizations, without imposing minimum investment requirements.

Services Offered

Altus Wealth Management delivers a broad range of financial services encompassing:

Financial Planning: Addressing retirement, asset accumulation, income and investment planning, tax strategies, education and estate planning, stock option guidance, and charitable gift planning.

Investment Management: Based on modern portfolio theory (MPT) and tactical asset allocation, the firm strives to achieve optimal returns aligned with different client risk levels, focusing on strategic investment selection and portfolio diversification.

Wealth Management: A comprehensive approach that fuses financial planning with investment management, personalized to meet individual client needs.

Investment Philosophy

The investment approach at Altus Wealth Management combines modern portfolio theory and tactical asset allocation. They leverage passive investment strategies but remain flexible to adapt actively in response to market changes, aiming to optimize client returns while accommodating various risk profiles and market situations.

Fee Structure

Altus Wealth Management follows a fee-only model, avoiding any external commissions, thus ensuring unbiased client service. The fee structure is asset-dependent with distinct tiers for Altus Select, Altus Premier, and Altus Preservation services:

Altus Select (≤ $300,000 AUM):

Annual Fee: 0.95%

Altus Premier (> $300,000 AUM):

$300,001 - $500,000: 0.95%

$500,001 - $1MM: 0.90%

$1,000,001 - $2MM: 0.80%

$2,000,001 - $3MM: 0.70%

$3,000,001 - $5MM: 0.60%

Over $5MM: Negotiable

Altus Preservation (Fixed Income Portfolio):

$300,000 - $1MM: 0.375%

$1,000,001 - $3MM: 0.25%

Over $3MM: Negotiable

Fees are calculated quarterly in arrears, based on the average daily balance, with payment through account fee withdrawals or invoicing, allowing for transparent and client-empowered handling of fee obligations.

Leadership and Key Personnel

Altus Wealth Management's leadership comprises seasoned professionals like Steve O’Connor, CFP®, Andrew Hermes, and Bill Doepker, who bring over 60 years of cumulative experience in financial services. The managing partners are all Certified Financial Planners (CFP), underscoring their dedication to maintaining high professional standards and client trust.

Contact Information

For inquiries or consultations, communication with Altus Wealth Management can be initiated via email or through their dedicated contact forms, facilitating direct engagement with experienced advisors.

Baton Rouge Office

Address: 4208 Bluebonnet Blvd., Baton Rouge, LA 70809

Phone: (225) 201-9300

Ft. Mitchell, Kentucky Office

Address: 2500 Chamber Center Drive, Suite 202, Ft. Mitchell, KY 41017

Phone: (859) 815-8566

Competitor Profiling

Industry Overview

Altus Wealth Management operates within a competitive financial services industry, with significant competition from major players like Edward Jones, Fidelity Investments, Morgan Stanley, and Investec. These firms offer extensive financial services and wealth management solutions, challenging Altus Wealth’s market presence.

Key Competitors

Edward Jones

Location: St. Louis, Missouri

Founded: 1922

Managing Partner: Penny Pennington

Revenue: Over $13.8 billion

Network: 15,000+ branches across North America

Workforce: 54,000 employees, including 20,000 financial advisors

Client Base: Over 8 million investors

Approach: Human-centered wealth management prioritizing personalized relationships and long-term investment strategies, with a strong community presence.

Fidelity Investments

Location: Boston, Massachusetts

Founded: 1946

Employee Count: Approximately 77,000

Revenue: $32.7 billion (2024)

AUM: $5.8 trillion

Service Portfolio: Investment management, retirement services, brokerage, mutual funds, insurance, and cryptocurrency trading.

Strategy: Emphasizes technological innovation with substantial growth in digital investment solutions and enhanced customer experience.

Morgan Stanley

Location: New York, United States

Founded: 1935

Revenue: $17.242 billion (2018)

Chairman: James P. Gorman

AUM: Approximately $2 trillion

Service Range: Retail brokerage, asset management, investment banking, and risk management.

Historical Context: Known for strategic mergers, notably integrating Smith Barney, bolstering its global footprint.

Investec

Locations: London, UK, and Sandton, South Africa

Founded: 1974

Revenue: £1,914.5 million (2024)

Key Offerings: Wealth management, investment management, private banking, and capital markets.

Global Reach: Dual-listed structure catering to clients across Europe, Southern Africa, and Asia-Pacific, driven by strategic alliances and acquisitions.

Kristal.AI

Nature: Digital wealth management platform

AUM: $1.5 billion

Innovation: Leveraging AI for democratizing investment opportunities, focusing on mass affluent clients across Singapore, Hong Kong, India, and the UAE.

Strategic Insights

To thrive amidst industry competition, Altus Wealth Management must strategically navigate the landscape carved by peers with expansive networks, substantial AUM, and distinct market strategies. Understanding competitors' edges in personalized service, technological progress, strategic acquisitions, and geographic dispersion is vital in crafting an effective competitive strategy for Altus Wealth Management.