Altair Advisers, Llc
- Regulatory AUM
- $9.8B
- Discretionary
- $5.2B
- Clients
- 1,016
- Avg AUM / client
- $9.6M
- Accounts
- 1,016
- Employees
- 75
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 479 | $404M | 4.14% |
| High net worth individuals | 416 | $6.3B | 64.5% |
| Investment companies | 1 | $1.4B | 14.6% |
| Pooled investment vehicles (non-investment companies) | 1 | $0 | — |
| Charitable organizations | 85 | $1.2B | 11.9% |
| Corporations and other businesses | 34 | $472M | 4.84% |
People (14)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Black, Richard, Kent | Member, Managing Director | Apr 2002 (24y) | 5% – 10% | |
| Malis, Bryan, Randall | Member, Managing Director | Apr 2002 (24y) | 10% – 25% | |
| Hans, Gayle, B. (Mi Only) | Member | May 2002 (24y) | ≈ 2.5% – 12.5% via Phrm Investments Llc | |
| Hans, Patrick, R. (Mi Only) | Member | May 2002 (24y) | ≈ 2.5% – 12.5% via Phrm Investments Llc | |
| Mazzolini, Richard, L. (Mi Only) | Member | May 2002 (24y) | ≈ 2.5% – 12.5% via Phrm Investments Llc | |
| Murray, Michael, James | Member, Managing Director | Jan 2011 (16y) | 10% – 25% | |
| Sorota, Donald, Joseph | Member, Managing Director | Jan 2011 (16y) | 10% – 25% | |
| Kohmescher, Rebekah, Lea | Member, Chief Executive Officer And Chief Compliance Officer | Jan 2018 (9y) | 10% – 25% | |
| Laurie, Jason, Mark | Member, Managing Director, Chief Investment Officer | Jan 2018 (9y) | 10% – 25% | |
| Weinstein, Steven, Barry | Chairman | Jan 2018 (9y) | Less than 5% | |
| French, Timothy, Grant | Member, Managing Director, Chief Client Officer | Jan 2020 (7y) | Less than 5% | |
| Mangoubi, Rachael, Halstuk | Member, Managing Director | Jan 2021 (6y) | Less than 5% | |
| Lin, David, John | Member, Managing Director Head Of Research And Due Diligence | Dec 2021 (5y) | Less than 5% | |
| Claire, Browne | Director Of Compliance | Jan 2023 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Phrm Investments Llc | Member | Jun 2002 | A | 10% – 25% |
| Patrick R. Hans 1998 Family Trust | Member | Apr 1998 | B | ≈ 1.88% – 12.5% via Bhh, Llc |
| Bhh, Llc | Member | May 2002 | B | ≈ 2.5% – 12.5% via Phrm Investments Llc |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Hans, Gayle, B. (Mi Only): 25% – 50% of Phrm Investments Llc × 10% – 25% direct ≈ 2.5% – 12.5% of the firm
- Hans, Patrick, R. (Mi Only): 25% – 50% of Phrm Investments Llc × 10% – 25% direct ≈ 2.5% – 12.5% of the firm
- Mazzolini, Richard, L. (Mi Only): 25% – 50% of Phrm Investments Llc × 10% – 25% direct ≈ 2.5% – 12.5% of the firm
- Patrick R. Hans 1998 Family Trust: 75% – 100% of Bhh, Llc × 25% – 50% of Phrm Investments Llc × 10% – 25% direct ≈ 1.88% – 12.5% of the firm
- Bhh, Llc: 25% – 50% of Phrm Investments Llc × 10% – 25% direct ≈ 2.5% – 12.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.2 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Pension consulting services
- • Selection of other advisers
- • Publication of periodicals or newsletters
Custody
Reported custodians
- Pershing $2.4B (24% of AUM) Mar 2026
- Charles Schwab & Co. $4.0M (0% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗