Altos Financial Management, LLC

Altos Financial Management, LLC (AFM) is an independent registered investment advisory firm based in San Jose, California, established in 1993. The firm specializes in continuous discretionary management of funds for clients under a limited trading authorization (LTA). AFM manages $35,808,480 under LTAs as of 12/31/2022, tailoring services to individual client needs. Clients' assets are held by third-party custodians such as Charles Schwab, T.D. Ameritrade, and Fidelity, ensuring segregation and protection. AFM charges fees based on a percentage of assets under management, with a tiered structure ranging from 1.25% to 0.50%. The minimum fee for new clients is $1,250 per year, not exceeding 3% of assets managed. AFM does not engage in wrap-fee programs and offers additional services billed hourly. The firm's investment analysis includes equity securities, corporate debt, and diversified portfolios, focusing on risk and return over a 6- to 18-month horizon. AFM does not engage in performance-based fees or commission-based investments. David Hildreth, the managing member, has extensive experience in investment management and financial planning since 1980. Clients have the option to terminate the agreement in writing, with fees prorated accordingly. AFM ensures transparency by disclosing potential conflicts of interest and adheres to a fiduciary standard, acting in the best interests of clients.