Aletheian Wealth Advisors

Overview

Aletheian describes its business as investment management and multifamily office services delivered through one entity providing wealth management and advisory services.¹ Its website says the firm serves families with complex estate planning and asset management needs and operates as a fiduciary multifamily office.²

History

Aletheian Wealth Advisors LLC was formed in Washington in May 2019 and approved in July 2019.¹ Joshua Ray Betts and Randy T Siegel are the firm’s principal owners.¹

Leadership

Joshua Ray Betts is an owner, CFP® professional, and Investment Adviser Representative.³ His prior roles include Cornerstone Advisors, Charles Schwab, Windhaven Investment Management, and Invesco PowerShares.³

Randy T Siegel is an owner, CFP® professional, Chief Operating Officer, and Chief Compliance Officer.⁴ His prior roles include Cornerstone Advisors, Morton Capital Management, and Key Private Bank.⁴

Steven Kleyn is Chief Investment Officer and a CFA charterholder, with prior roles at Pathstone, Cornerstone Advisors, and Parametric.⁵ Kevin Andrew Erwert is a CFP® professional and Investment Adviser Representative with prior roles at Vestory and Cornerstone Advisors.⁶ Sylvia Jane Gilmore is listed as Lead Client Administrator and Investment Adviser Representative.⁷

Services

The firm’s website identifies advanced financial planning, investment management, and family office services as its three service areas.²

Its multifamily office work includes reviewing a family’s financial situation, identifying investment objectives and family philosophy, establishing risk profiles and time horizons, setting public market and private holding allocations, managing liquidity, coordinating philanthropy, tax, and estate planning, and facilitating intergenerational wealth transfer.¹

Family Advisory Services address family succession, estate and wealth transfer, cash flow and sustainability analysis, philanthropic intent, income and estate tax minimization, life management and budgeting, insurance reviews, and coordination with attorneys and certified public accountants.¹ These services may also be provided when a client has illiquid or complex assets that Aletheian does not manage.¹

Portfolio management uses an Investment Policy Statement prepared for each client.¹ The firm generally requests discretionary authority to select securities and execute transactions.¹

What the firm offers

• Investment management
• Financial planning
• Tax planning
• Estate planning
• Trust and fiduciary
• Philanthropy
• Risk and insurance

Client focus

Aletheian generally advises high net worth individuals.¹ Its website describes a focus on families with complex estate planning and asset management needs.²

Investment philosophy and approach

The firm says it uses fundamental analysis, modern portfolio theory, and quantitative analysis.¹ Its investment advice generally covers exchange traded funds, equities, fixed income securities, real estate funds including real estate investment trusts, hedge funds, private equity funds, inflation linked bonds, venture capital funds, private placements, and mutual funds, with exchange traded funds primarily recommended.¹ Listed strategies include long term trading, short term trading, margin transactions, and options trading.¹

Assets and minimums

As of December 2024, Aletheian reported $289,311,741 in discretionary assets under management and $48,978,564 in nondiscretionary assets.¹ The firm reports no account minimum for its services.¹

Investment management fees are asset based and generally collected quarterly in advance, with the stated schedule ranging from 1.00 percent on the first $3 million to 0.25 percent on assets above $100,000,001.¹ Family Advisory Services may use negotiated fixed fees, and the brochure states a baseline of $265 per hour with a 20 hour minimum for certain planning engagements without portfolio management.¹

By the numbers

FAQs

Related resources

• LocationMultifamily offices in Bellevue

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• Network siteEstatePlanner.com

  EstatePlanner.com offers practical guides on wills, trusts, and estate planning topics. A reader can use these materials to prepare questions about family wealth transfer, trust structures, fiduciary responsibilities, and how estate work may fit with broader financial and tax planning.

• Network siteFamilyOffices.com

  FamilyOffices.com provides resources and community discussions for single family offices and wealthy families. Its coverage can help a prospective client understand common governance, investment, philanthropy, and family administration considerations before speaking with a firm serving high net worth households.

• GuideFiduciary duty vs suitability

  This article explains how fiduciary duty differs from the suitability standard. Understanding that distinction can help a prospective client ask how advice, conflicts, account recommendations, and ongoing responsibilities are handled when reviewing investment management or financial planning services.

• Similar firmsEvergreen Gavekal
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  Profiles of Evergreen Gavekal, Avantia Investment Services, and Parcion Private Wealth provide additional points of comparison on MultifamilyOffices.com. Reviewing these firms alongside a Bellevue based option can help a family or business owner compare service categories, geographic focus, and the types of wealth planning support described publicly.

Sources

1. Form ADV Part 2A , version 01/07/2025, accessed 10/23/2026.
2. Aletheian Wealth Advisors website , accessed 10/23/2026.
3. Form ADV Part 2B, Joshua Ray Betts , updated 04/03/2023, accessed 10/23/2026.
4. Form ADV Part 2B, Randy T Siegel , updated 08/02/2023, accessed 10/23/2026.
5. Form ADV Part 2B, Steven Kleyn , updated 04/03/2023, accessed 10/23/2026.
6. Form ADV Part 2B, Kevin Andrew Erwert , updated 04/03/2023, accessed 10/23/2026.
7. Form ADV Part 2B, Sylvia Jane Gilmore , updated 04/03/2023, accessed 10/23/2026.

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.