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ATHENA INVESTMENT MANAGEMENT
CRD 106542File 801-13100
APPROVED
Retail clients
Custody
Filing as of Mar 31, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$342.1M
Below cohort median (national)
Discretionary AUM
$341.4M
Non-discretionary $711K
Clients
102
399 accounts
Employees
5
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- SFRO
- Registration date
- Jun 16, 1977
- Principal office
- Not reported
- Phone
- 925-254-1649
- Website
- Not reported
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $342.1M
- Discretionary AUM
- $341.4M
- Non-discretionary AUM
- $711K
- Discretionary accounts
- 395
- Non-discretionary accounts
- 4
- Total accounts
- 399
- AUM per client
- $3.4M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | Fewer than 5 | $55.3M |
| Non-U.S. persons | Fewer than 5 | Not reported |
| Insurance companies | Fewer than 5 | Not reported |
| Charitable organizations | Fewer than 5 | $4.4M |
| Other investment advisers | Fewer than 5 | Not reported |
| High net worth individuals | 51 | $262.9M |
| Banking or thrift institutions | Fewer than 5 | Not reported |
| Pension and profit sharing plans | Fewer than 5 | Not reported |
| State or municipal government entities | Fewer than 5 | Not reported |
| Individuals (other than high net worth individuals) | 46 | $19.6M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Hourly charges
- A percentage of assets under your management
Advisory activities
- Financial planning services
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Clients | 90 | 102 | increased by12 |
| Apr 1, 2026 | AUM | $297,965,179 | $342,122,662 | increased by$44,157,483 |
| Apr 1, 2026 | Accounts | 397 | 399 | increased by2 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 4 | 5 | increased by1 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 69 | 90 | increased by21 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $213,573,956 | $297,965,179 | increased by$84,391,223 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 295 | 397 | increased by102 |
| Apr 1, 2022 | Employees | 3 | 4 | increased by1 |
| Apr 1, 2022 | Clients | 63 | 69 | increased by6 |
| Apr 1, 2022 | AUM | $186,275,133 | $213,573,956 | increased by$27,298,823 |
| Apr 1, 2022 | Accounts | 286 | 295 | increased by9 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “ATHENA INVESTMENT” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“ATHENA INVESTMENT” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.