Altfest Personal Wealth Management
425 Park Avenue
24th Floor
New York, NY 10022
The Altfest Approach
At Altfest Personal Wealth Management, we want to help you meet your goals.
We understand that each person’s lifestyle is unique and requires distinct consideration and planning. That’s why we provide services with a personal touch, whether it’s investing client money or providing advanced financial planning guidance – we listen to what you really want, and really don’t want. Clients benefit from our expertise, objectivity and genuine service, which have been a hallmark at our firm since 1983.
That’s why we believe our clients make a smart choice in working with us.
Experience
Since 1983 clients in the New York metropolitan area and beyond have retained us to manage their portfolios with expert care and provide advanced financial planning and guidance. Our founder and CEO, Lewis J. Altfest, has been named one of the “Best Financial Advisors” in the U.S. by Barron’s, Money, Worth, and Medical Economics magazines.
Everyone at Altfest is committed to being the best at helping our clients achieve their personal financial objectives.
Objective Advice
At Altfest our Fee-Only approach is simple and straightforward: We work strictly for our clients and receive only your fees as compensation. We neither sell products nor accept commissions – whether for investments that we purchase for client accounts, or insurance that we recommend.
We have a fiduciary responsibility to put our clients’ interests ahead of our own, and we embrace that. We have a genuine concern for our clients and are very sensitive to real or perceived conflicts of interest.
Personal Service
We provide sophisticated personal wealth management. Our goal is to make our clients feel at home with us. Members of our staff have been chosen not only for their financial skills but also for their passion and sense of caring.
We are in touch with you, return phone calls promptly, schedule appointments flexibly – we are accessible. And when our clients speak, we listen – a rarity in the business today. We want to have a personal relationship with each and every client.
Investment Management Approach
We actively manage diversified, customized portfolios on our clients’ behalf. Having invested client money since 1983, we’ve lived through many economic cycles, and bull and bear markets, from the crash of ’87 to the roaring market of the 90’s.
Our investment style rests on these key principles:
- Diversification: We invest across a wide array of asset types in a strategy designed to reduce risk and capture opportunities.
- A Value Bias: We look for assets that we consider sound but less popular. We believe this approach reduces risk and increases returns over the long-term.
- Broad View: We look at the economy and various “asset classes” – stocks, bonds, cash, real estate and alternatives – to analyze individual securities and funds.
- Frequent Reviews: We regularly monitor client portfolios to ensure they continue to reflect client requirements and our best thinking.
Financial Planning
Our financial planning analyses, and in particular our retirement planning analyses, are highly sophisticated. Many members of the firm hold CFP® certificates – the leading designation in the field.
In addition to our depth of general planning knowledge, we have specialists in a number of targeted areas who can help answer your specific questions. We provide information in a straightforward manner and pride ourselves on our ability to listen, to understand your needs and then develop solutions that make financial sense in addition to providing personal comfort
and satisfaction to you.
We do not provide advice just for your needs today. Rather, our ongoing monitoring and service strives to both enhance decision-making in a wide variety of financial areas, and ensure constant progress towards meeting your goals.
Specialized Services
Our professionals are trained to meet the various needs of all our clients. For example, we have professionals who understand the enormous life challenges facing widows and divorced persons, the challenges that business executives have in diversifying their investments, and the hurdles that unmarried couples contend with in estate planning and property transfers.
In addition, each advisor has his or her area of specialized financial planning expertise – IRAs, mortgages and long-term care insurance, for instance. This means that if members of your team don’t immediately have the answer to your question, they can walk down the hall to ask another professional with that area of expertise.
Our Team
Altfest Personal Wealth ManagementSM has a staff of smart and friendly professionals dedicated to making your financial life easier.
Our Wealth Management Team serves you in the way that best addresses your own special circumstances, sensitivities and concerns. The Investment Research Team provides the insights and guidance for making the right investment decisions for our clients, and our Client Administration and Client Relations Teams ensure that you are comfortable and happy at Altfest.
Select Industry Awards
One of the “financial planning profession’s most respected veterans.”
- Money magazine – Lew Altfest, 2009
Top 100 Independent Financial Advisors in the Nation
- Barron’s – Lew Altfest, 2007, 2008
Top 250 Wealth Advisors in the Nation
– Worth Magazine – Lew Altfest, 2008
150 Best Financial Advisors for Doctors
- Medical Economics – Lew Altfest, 1998, 2000, 2002, 2004, 2006, 2008
NAPFA: The National Association of Personal Financial Advisors is the nation’s leading organization of Fee-Only comprehensive financial planning professionals.
Please be aware that Altfest Personal Wealth Management has a portfolio minimum of $1,000,000 to accept inquiries through this directory.
