Aspen Investment Management Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Aspen Investment Management provides discretionary portfolio management to individuals, high‑net‑worth clients, trusts, estates and charitable institutions, and also offers participant account management for defined‑contribution plan participants via a third‑party platform for held‑away assets. The firm manages the majority of client assets on a discretionary basis while retaining the flexibility to manage some accounts non‑discretionarily under written agreements.
The firm combines fundamental and technical analysis and implements strategies that range from current‑income to equity‑focused allocations, using individual securities, mutual funds, ETFs or proprietary models with attention to tax efficiency and transaction costs. Portfolios are periodically rebalanced but the firm explicitly permits tactical deviations (up to 20% of a target weighting) and may adopt more active, concentrated positions at times, which can increase shorter‑term volatility.
Distinctive operational features include a third‑party linking platform to rebalance held‑away participant accounts without taking custody, use of standing letters of instruction for transfers, and support for fractional‑share trading to facilitate smaller rebalances. The firm also discloses an institutional custody relationship with Charles Schwab — including thresholds for Schwab services and paid participation in Schwab’s referral network — arrangements that may affect custody recommendations.
Client services
Expertise
Fee options
$0 - $2,000,000: 1.00% annually $2,000,001 - $4,999,999: 0.80% annually $5,000,000+: 0.60% annually
Account minimum: $250,000 Fee-only: Fees paid quarterly in advance based on account value at end of prior quarter; prorated for partial periods
Main office
4020 E. Beltline Ave NE, Ste 103
Grand Rapids MI 49525
Advisors at this office
5
Most active in
California · Florida · Illinois · Louisiana · Michigan · New Hampshire · Texas
Also doing business as
Alphenaar Investment Counsel, Inc. · Aspen Gold Investment Management, Inc. · Aspen Investment Management Inc.
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
William A
Series 63, Series 65
Grand Rapids, MI
Aspen Investment Management Inc.
William Alphenaar is a financial advisor with Aspen Investment Management Inc. in Grand Rapids, MI, holding Series 63 and Series 65 licenses and bringing 19 years of industry experience. He has been with Aspen Investment Management since 1993. Aspen Investment Management provides discretionary and some non-discretionary portfolio management services to individuals, high-net-worth clients, trusts, estates, and charitable institutions. The firm uses a combination of fundamental and technical analysis, model asset allocations, and tactical adjustments, and offers participant account management through a third-party platform.
Miles K
CFP®, Series 65
Grand Rapids, MI
Aspen Investment Management Inc.
Miles Kuperus is a CFP® and holds a Series 65 license with five years of industry experience. He has worked at Aspen Investment Management Inc. since 2020 and previously at Plant Moran for one year. Aspen Investment Management Inc. provides portfolio management services primarily on a discretionary basis to individuals, high-net-worth clients, trusts, estates, and charitable institutions. The firm utilizes a combination of fundamental and technical analysis, model asset allocations, and tactical adjustments to construct portfolios using individual securities, mutual funds, and ETFs.
Richard K
Series 65, Series 66
Grand Rapids, MI
Aspen Investment Management Inc.
Richard Knoor is a financial advisor with Aspen Investment Management Inc. in Grand Rapids, MI. He holds the Series 65 and Series 66 designations and has 15 years of industry experience, all with Aspen since 2011. Aspen Investment Management Inc. provides portfolio management services primarily on a discretionary basis to individuals, high-net-worth clients, trusts, estates, and charitable institutions. The firm employs a combination of fundamental and technical analysis and uses model asset allocations with tactical adjustments, managing portfolios that include individual securities, mutual funds, and ETFs.
Bradley L
Series 65
Grand Rapids, MI
Aspen Investment Management Inc.
Bradley Laffrey is a financial advisor at Aspen Investment Management Inc. with five years of industry experience. He holds a Series 65 designation and has previously worked at Tamarack Capital Management, Hawthorn Family Wealth, PNC Bank, and Fifth Third Private Bank. Aspen Investment Management Inc. provides portfolio management services to individuals, high-net-worth clients, trusts, estates, and charitable institutions, utilizing fundamental and technical analysis alongside model asset allocations. The firm also manages held-away defined contribution plan participant accounts through a third-party platform and maintains a custodian relationship with Schwab Advisor Services.
John H
Series 66
Grand Rapids, MI
Aspen Investment Management Inc.
John Hoogland is a financial advisor at Aspen Investment Management Inc. with 15 years of industry experience. He holds the Series 66 designation and has been with Aspen Investment Management since 2011. Outside of his advisory role, he holds a 10% interest in a self-storage limited partnership. Aspen Investment Management provides portfolio management services primarily on a discretionary basis to individuals, high-net-worth clients, trusts, estates, and charitable institutions. The firm uses a combination of fundamental and technical analysis, model asset allocations, and tactical adjustments to construct portfolios using individual securities, mutual funds, and ETFs.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor's Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and referrals are provided by FinanceHQ LLC ("FHQ"), a wholly-owned subsidiary of Warmer and an SEC-registered investment adviser. We may be compensated by participating advisors. You pay no fee to use our matching service, and advisor fees are not increased because of a referral. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to the Warmer Terms of Service and FHQ Advisory Agreement, and acknowledge Warmer's Privacy Policy. Please review FHQ's ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")