Alm First Financial Advisors, LLC
ALM First Financial Advisors, LLC is a Dallas, TX-based SEC-registered investment adviser founded in 1995. The firm specializes in providing investment and financial management services with a focus on asset liability management for financial institutions, particularly depository and banking entities. With approximately 21–23 employees, ALM First serves a national client base, primarily institutions rather than individuals, offering both discretionary and non-discretionary portfolio management and financial advisory services. The firm is known for its disciplined, holistic approach tailored to client risk profiles and institutional objectives.
Investment Strategy
ALM First Financial Advisors employs a holistic and customized investment approach grounded in asset liability management principles tailored to each institution's risk profile. The firm offers both discretionary and non-discretionary advisory services, focusing on fixed-income portfolios and balance sheet strategies. Their process emphasizes risk assessment, asset allocation, security selection, and disciplined risk-adjusted performance management. ALM First seeks to optimize portfolio returns by considering each client's unique objectives, liquidity needs, and regulatory requirements, combining sector allocation, security selection, trade execution, and expert modeling within a fiduciary, fee-based framework.
Latest 13F Filing Activity
Alm First Financial Advisors, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 23 equity positions with a total 13F market value of $462M. The fund increased holdings in Vanguard S&P 500 Etf, Cambria Global Value Etf, Cambria Global Momentum Etf among other positions. Alm First Financial Advisors, LLC reduced exposure to Invesco Optimum Yield Diversified Commodity Strategy No K-1 Etf, First Trust Managed Futures Stragegy Fund, Schwab Us Equity among others.
Top Holdings
Equity Positions (23)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VOO | Vanguard S&P 500 ETF | 28.62% | $132.3M | 274,615 | $379.49 | $568.03 | +$12.6M |
T TRTY | Cambria Trinity ETF | 12.35% | $57.1M | 2,200,716 | $25.03 | $26.26 | +$1.6M |
G GMOM | Cambria Global Momentum ETF | 12.10% | $55.9M | 1,903,510 | $28.41 | $29.66 | +$2.0M |
B BND | Vanguard Total Bond Market ETF | 8.24% | $38.1M | 517,396 | $72.13 | $73.63 | +$93.1K |
G GVAL | Cambria Global Value ETF | 5.80% | $26.8M | 1,020,791 | $20.18 | $27.23 | +$2.4M |
Industry Allocation
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more