Altfest L J & Co Inc

Overview

Altfest L J & Co Inc, also known as Altfest Personal Wealth Management, is a fee-only fiduciary Registered Investment Adviser based in New York City. Founded in 1983, the firm specializes in comprehensive financial planning and investment management services for high-net-worth individuals and families, typically serving those with $1 million or more in investable assets. Their services encompass investments, retirement, tax, estate planning, education, and cash flow management, emphasizing a personalized approach to meet each client's unique needs. The firm's investment strategy is client-centric, focusing on portfolio diversification, risk reduction, and the pursuit of value-oriented opportunities. Each portfolio is individually constructed after a detailed assessment of the client's goals, time horizons, risk tolerance, and personal circumstances. Altfest employs active account management, regular portfolio evaluation, and stress testing against market scenarios. As a fee-only fiduciary, the firm avoids commission-based incentives, aligning its compensation strictly with client success. Their philosophy emphasizes objective, transparent advice that integrates tax efficiency, estate planning, and long-term financial security, always prioritizing clients' best interests. Altfest has a strong track record, with recognition from Barron's, the Financial Times, and Bloomberg. The firm manages approximately $1.6 billion in assets and employs 42 individuals. They have offices in New York, NY, and Miami, FL, serving clients across the United States. Altfest's team has extensive experience supporting clients from all walks of life, including physicians, dentists, women, psychologists, widows and widowers, emerging professionals, business owners, executives, and pre-retirees and retirees. Their commitment to fiduciary responsibility and personalized service has established them as a trusted advisor in the wealth management industry.

Investment Focus

• Minimum investable assets of $1 million
• High-net-worth individuals and families

Portfolio Companies