Altfest Personal Wealth Management

RIASEC Registered

Total AUM

$1.8B

Discretionary

$1.8B

100% of AUM

Avg account

$573K

Accounts

3,139

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 110130
Registered since: February 2, 1983
Website: www.altfest.com
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.