Altfest Personal Wealth Management

RIASEC Registered
Total AUM
$1.8B
Discretionary
$1.8B
100% of AUM
Avg account
$573K
Accounts
3,139
Employees
42
Advisory reps
16

Firm details

Headquarters
New York, New York
CRD number
110130
Registered since
February 2, 1983
Custodians
CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI91.43%
  • Individuals6.62%
  • Pooled Investment Vehicles1.06%
  • Charitable Organizations0.78%
  • Corporations / Businesses0.1%
Services
Financial PlanningPortfolio Management for IndividualsPublication of Periodicals

Firm profile

FINTRX

Overview

Altfest Personal Wealth Management is an independent registered investment adviser that has been SEC-registered since 1983. The firm operates as a corporation with ownership structured as a domestic entity and individuals. It serves both individuals and families as well as institutional clients and positions itself as a capital allocator, blending discretionary portfolio management with financial planning and periodic publications. Fee arrangements include AUM-based billing alongside hourly and fixed-fee engagements. The firm notes that it is not an active ESG investor. It has industry involvement as a sponsor, general partner, or managing member of pooled investment vehicles and was listed among FA Magazine’s Top RIA Firms in 2020.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 71%, Exchange Traded Equities 14%, Cash & Cash Equivalents 7%, State & Local Bonds 4%, Other 3%, Non-Exchange Traded Equities 1%, US Government Bonds 1%, Sovereign Bonds 1%, Investment Grade Corp Bonds 1%, Non-Investment Grade Corp Bonds 1%, Private Funds 1%71%
  • Public Funds/Mutual Funds71%
  • Exchange Traded Equities14%
  • Cash & Cash Equivalents7%
  • State & Local Bonds4%
  • Other3%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 178

Active vs passive

$862M in ETFs

Passive

77%

$666M

Active

20%

$196M

ETFProviderStyleCategoryValueShares% of portfolio
INVESCO NASDAQ 100 ETF (QQQM)InvescoPassiveLarge Growth$58M190,3426.73%

Location

Primary office

New York, NY

New York

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
New York
Address
445 Park Ave
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth