# Altfest Personal Wealth Management

> Altfest Personal Wealth Management is an SEC-registered investment advisory firm in New York, NY, registered since 1983, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 4, 2026.

- CRD: 110130
- Filed as: ALTFEST PERSONAL WEALTH MANAGEMENT
- Legal name: L.J. Altfest & Co., Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110130
- AdvisorCensus page: https://advisorcensus.com/firm/altfest-personal-wealth-management-new-york-ny-110130

## Quick answers

**How is Altfest Personal Wealth Management compensated?**
On its Form ADV (Item 5.E, October 2026), Altfest Personal Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Altfest Personal Wealth Management charge?**
Its Form ADV Part 2A brochure dated March 4, 2026 states: Hourly rate: $250 an hour (additional financial planning services beyond the agreed upon scope). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Altfest Personal Wealth Management located?**
Altfest Personal Wealth Management's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Altfest Personal Wealth Management registered with the SEC or a state?**
Altfest Personal Wealth Management is an SEC-registered investment advisory firm, registered since 1983. Status as filed: Approved. CRD 110130.

**How much does Altfest Personal Wealth Management manage?**
Altfest Personal Wealth Management reports $1,798,317,121 in regulatory assets under management in its Form ADV filing dated March 4, 2026 (100% discretionary).

**How have Altfest Personal Wealth Management's assets and staff changed since 2021?**
In the Form ADV data for Altfest Personal Wealth Management: Regulatory assets under management: $1,500,253,342 in the October 2021 data and $1,798,317,121 in the October 2026 data, up 20%. Total employees: 37 in October 2021 and 42 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Altfest Personal Wealth Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (431); individuals (other than high net worth individuals) (255); charitable organizations (5).

**Which custodians does Altfest Personal Wealth Management use?**
Altfest Personal Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Altfest Personal Wealth Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/110130

**Does Altfest Personal Wealth Management state an account minimum?**
Its Form ADV Part 2A brochure dated March 4, 2026 says: "The Firm has a minimum portfolio size of $1,000,000, but may make exceptions."

**What changed in Altfest Personal Wealth Management's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,622,512,064 to $1,798,317,121 (+11%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 4, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> The Firm has a minimum portfolio size of $1,000,000, but may make exceptions.

- Hourly rate: $250 an hour (additional financial planning services beyond the agreed upon scope)

> If the client wishes to engage Altfest in additional financial planning services beyond the agreed upon scope , they will be billed at the hourly rate of $250.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,798,317,121
- Discretionary: $1,798,317,121
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 255 | $119,084,632 |
| High net worth individuals | 431 | $1,644,223,750 |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $19,038,581 |
| Charitable organizations | 5 | $14,090,996 |
| Corporations or other businesses not listed above | Fewer than 5 | $1,879,162 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Publication of periodicals or newsletters

### Firm details
- Registered since: 1983 (43 years)
- Employees: 42 total, 19 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CT, FL, IL, LA, MA, MD, NH, NJ, NV, NY, PA, SC, TX, VA, VT, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Miami, FL

### Websites listed on Form ADV (Item 1.I)
- altfest.com
- Facebook @altfestpwm
- LinkedIn @altfestpersonalwealthmanagement
- YouTube @AchievingRetirementSuccess
- YouTube @altfestwealthmanagement7585
- YouTube @wealthmattersforphysicians

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,500,253,342 | 37 | March 30, 2021 |
| October 2022 | $1,555,260,868 | 37 | August 5, 2022 |
| October 2023 | $1,390,085,591 | 37 | March 22, 2023 |
| October 2024 | $1,578,705,262 | 42 | September 4, 2024 |
| October 2025 | $1,622,512,064 | 42 | February 24, 2025 |
| October 2026 | $1,798,317,121 | 42 | March 4, 2026 |

Regulatory assets under management: $1,500,253,342 in the October 2021 data and $1,798,317,121 in the October 2026 data, up 20%.
Total employees: 37 in October 2021 and 42 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,622,512,064 to $1,798,317,121 (+11%).

### December 2025
- Registered or notice-filed in WA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Altfest Personal Wealth Management (CRD 110130): Form ADV filing data as of October 2026.