ALPs Advisors, Inc. (Denver)


ALPs Advisors, Inc. is a large advisory firm based in Denver. It manages $16.54 billion of regulatory assets for 46 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Colorado and Massachusetts.

ALPs Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

ALPs Advisors: assets under management

The assets under management (AUM) of ALPs Advisors, Inc. is $16.54 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1670% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $16.54 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $359.54 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay ALPs Advisors, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Edmund Joseph Burke serves?

The only and largest group of clients of Edmund Joseph Burke is investment companies with 8 clients and $16.54 billion of assets under management. Among the 12 most similar advisory firms, ALPs Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $16.54 billion for 8 clients. None of the firm’s clients are foreign persons or businesses.

ALPs Advisors doesn't advise any private funds.

Careers at ALPs Advisors, Inc.

The company employs 46 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Edmund Joseph Burke has been acting as President since 1 Apr 2001. Matthew Joseph Sutula joined the executive team most recently as the Interim Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Edmund Joseph Burke Director 1 Apr 2001 Other 1263210
Thomas Anthony Carter President, director 1 Jan 2004 Other 2558943
Jeremy Oppegard May Executive vp, director 1 Jan 2004 Other 2744563
Inc. Alps Holdings Parent 1 Sep 2005 75% - 100% 20-3247785
Bradley John Swenson Senior vp, chief compliance officer 1 Aug 2006 Other 2666663
Tane Therese Tyler Vp, general counsel; secretary 1 Aug 2006 Other 2190979
Diana M Adams Vp, controller & treasurer 1 Aug 2006 Other 4689533
William Robert Parmentier Senior vp, chief investment officer 1 Dec 2006 Other 4344324
Mark Timothy Haley Vice president 1 Dec 2006 Other 2103501
Robert Joseph Szydlowski Senior vp, chief technology officer 1 Feb 2007 Other 2198919
John Clive Donaldson Vp, chief financial officer 1 Sep 2007 Other 2779714
Spencer Philip Hoffman Director 1 Jun 2008 Other 2633044
Troy Anthony Duran Senior vp, chief financial officer 1 Nov 2011 Other 2191599
Erin Nelson Vp 1 Mar 2014 Other 5886040
Aisha Jamila Hunt Senior vp, general counsel 1 Jul 2014 Other 6377560
Erin Nelson Senior vp, chief compliance officer 1 Jul 2015 Other 5886040
Richard Craig Noyes Senior vp, general counsel 1 Feb 2018 Other 4836373
Michael J Sleightholme President, director 1 Jun 2019 Other 7139558
Matthew Joseph Sutula Interim chief compliance officer 1 Sep 2019 Other 6209373

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
Lovell Minnick Partners Llc Sole managing member 1 Feb 2004 Other 20-0493456
Lovell Minnick Holdings Llc Sole managing member 1 Feb 2004 Other 20-0498914
Jeffrey Dale Lovell Owner 1 Feb 2004 50% - 75% 1095362
James Edward Minnick Owner 1 Feb 2004 25% - 50% 716204
Lovell Minnick Equity Advisors Ii Llc Sole general partner 1 Mar 2005 Other 52-2414992
Lovell Minnick Equity Partners Ii Lp Shareholder 1 Sep 2005 75% - 100% 52-2415003
Inc. Dst Systems Owner 1 Oct 2011 75% - 100% 43-1581814
Inc. Ss&C Technologies Owner 1 Apr 2018 75% - 100% 06-1169696
Inc. Ss&C Technologies Holdings Owner 1 Apr 2018 75% - 100% 71-0987913

Based in Denver

The principal office where ALPs Advisors, Inc. performs its advisory services is located at 1290 Broadway, Suite 1100, Denver, CO 80203 The mailing address of the firm is Po Box 328, Denver, CO 80201 0328. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-623-2577 or by fax 303-623-7850. The normal business hours are 7:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at alpsfunds.com.