SourcingSourcing

ASPEN INVESTMENT MANAGEMENT INC.

B53
CRD 112081·SEC 801-58191·GRAND RAPIDS, MI
AUM
$452.5M
$100M-$500M
Est. Revenue
$4.5M
@ 1% on AUM
Est. EBITDA
$1.4M
@ 30% margin
Est. Deal Value
$10.9M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
ASPEN INVESTMENT MANAGEMENT INC.
CRD
112081
SEC file #
801-58191
EIN
383114625
DBA names
—

Economics

AUM
$452.5M
AUM band
$100M-$500M
AUM trajectory
'20'26
$178.5M → $452.5M▲ +153%
Client mix
Individuals Other201
Individuals High Net Worth55

Operations

Employees (total)
5
Advisory staff (per ADV)
5
Advisory staff (5-yr trend)
'20'26
3 advisors → 5 advisors▲ +67%
Primary office
GRAND RAPIDS MI
Branches
—

Custodian & Brokerage

Primary custodian
Charles Schwablow confidence
Services offered
Portfolio mgmt — individuals
Fee basis
% of AUM

Filings

Latest ADV filing
03/05/2026
ADV-W filed at
—
Website
aspenim.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
ALPHENAAR, WILLIAM, JOHN
Top Owner Pct
37.5
Top Owner Entity Kind
I
Owner Count
2
Control Persons
ALPHENAAR, WILLIAM, JOHN
KNOOR, RICHARD, GREGORY
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
ASPENIM.COM
Rdap Domain Creation Date
2011-06-20T21:48:43Z
Rdap Firm Age Years
15
Rdap Firm Age Band
10-20y
Rdap Registrar
GoDaddy.com, LLC

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0001541596
Edgar Registered
Yes
Edgar Filing Count
60
Edgar First Filing Date
2012-02-13
Edgar Last Filing Date
2026-04-15
Edgar 13f Count
58
Edgar 13f Latest AUM Estimate
Filing Date2026-04-15
Accession0001541596-26-000002

Compliance & brand

Firm Registration Status
active

All other collected signals (17)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
5
Bc Firm IAR Count
5
Custodian Candidates
Full
Charles Schwab6
E*trade4
Edgar Addresses
Mailing
4020 E BELTLINE NE SUITE 103GRAND RAPIDS, MI 49525
Business
4020 E BELTLINE NE SUITE 103GRAND RAPIDS, MI 49525
Edgar EIN
383114625
Edgar Recent Filings
13F-HR2026-04-15 · 0001541596-26-000002
13F-HR2026-02-06 · 0001541596-26-000001
Firm Has Custody
Yes
Mailing Office Differs
No
Rdap Domain Expiration Date
2027-06-20T21:48:43Z
Rdap Domain Last Changed
2026-04-27T23:04:31Z
Rdap Nameservers
Ns07.domaincontrol.comNs08.domaincontrol.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Delete ProhibitedClient Renew ProhibitedClient Transfer ProhibitedClient Update Prohibited
Top Owner CRD
1430913
Trust Company Affiliate
No

People (5)

5
KNOOR, RICHARD, GREGORY
IAR · Direct Owner · 37.5%
4625087
ALPHENAAR, WILLIAM, JOHN
IAR · Direct Owner · 37.5%
1430913
JOHN BRIAN HOOGLAND
IAR
4345359
Miles Fred Kuperus
IAR
6702878
BRADLEY E LAFFREY
IAR
4345341