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Aspen Capital Management, LLC

Aspen Capital Management, LLC. CRD 119050

Aspen Capital Management, LLC logo

CRD: 119050

Aspen Capital Management, LLC

$1.3B Total AUM
$1.3B Disc. AUM
-- 3Y CAGR
12 Employees
475 ADV. Clients
22 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company ยท Fidelity/NFS
Clients
Retail and Institutional
Platforms
--
Established Date
08-19-2004
Office Locations
1

Office Locations

101 S Capitol Blvd Suite 610 Boise ID

About Aspen Capital Management, LLC

Aspen Capital Management is an independent, fee-only RIA based in Boise serving clients nationwide. The firm provides comprehensive financial planning alongside disciplined, long-term investment management, coordinating advice across all assets and account types. Clients tend to be busy, goal-oriented individuals and families seeking objective guidance. Custody relationships include Schwab and Fidelity.

Reported data analysis

What the numbers show

Between November 21, 2025 and February 24, 2026, reported AUM increased 18.4%, from $1.1B to $1.3B.

Across 5 reported observations, AUM increased 60.1% between March 24, 2022 and February 24, 2026, from $836.1M to $1.3B.

Of the latest reported AUM, 99.9% is discretionary and 0.1% is non-discretionary.

The firm reports 9 advisory representatives and 475 clients, or 52.8 clients per representative. That equates to $2.8M in reported AUM per client.

The profile lists 1 reported office location and 22 years in operation. The source data was last updated on February 24, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

41 AVG AGE
$148.7M AVG AUM / ADVISOR
$2.8M AVG AUM / CLIENT
4.6 yrs AVG TENURE
12 Employees
9 Advisory Reps
9 RIA Reps
22yrs Firm Age

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Available data coverage

  • Asset Classes
  • Client Personas
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services

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Owner & Executives

MIKE SEAN MERS

MIKE SEAN MERS

Chief Executive Officer, Founder

CRD
#4505065
Ownership
75% or more
RACHEL ANNE LYSNE

RACHEL ANNE LYSNE

Chief Compliance Officer, Director Of Operations

CRD
#7014862
Ownership
5% but less than 10%

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Contacts

M

Maranda Kailey Barnhart

Operations Associate

CRD
#7552814
Nathan Ross Burman

Nathan Ross Burman

Operations Associate

CRD
#7645264

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
03-24-2022
12-07-2023
11-28-2024
11-21-2025
02-24-2026
Category Assets AVG. Account size
Discretionary $1,337,145,536 $883,187
Non-Discretionary $1,139,739 $284,935
Total $1,338,285,275 $881,611

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Separately Managed Accounts

SMA allocation detail is available

Aspen Capital Management, LLC has reported separately managed account data across 5 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q2 2026

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Aspen Capital Management, LLC's 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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