# Bone Fide Wealth

> Bone Fide Wealth is an SEC-registered investment advisory firm in New York, NY, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 301066
- Filed as: BONE FIDE WEALTH
- Legal name: Bone Fide Wealth, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/301066
- AdvisorCensus page: https://advisorcensus.com/firm/bone-fide-wealth-new-york-ny-301066

## Quick answers

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

**How much does Bone Fide Wealth charge?**
Its Form ADV Part 2A brochure dated March 23, 2026 states: Hourly rate: $550 an hour (planning/consulting services); Hourly rate: $500 an hour (Retirement Plan Consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Bone Fide Wealth located?**
Bone Fide Wealth's principal office is in New York, NY, according to its Form ADV.

**Is Bone Fide Wealth registered with the SEC or a state?**
Bone Fide Wealth is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 301066.

**How much does Bone Fide Wealth manage?**
Bone Fide Wealth reports $126,749,760 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary).

**How have Bone Fide Wealth's assets and staff changed since 2021?**
In the Form ADV data for Bone Fide Wealth: Regulatory assets under management: $79,218,000 in the October 2021 data and $126,749,760 in the October 2026 data, up 60%. Total employees: 2 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Bone Fide Wealth serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (157); high net worth individuals (23); corporations or other businesses not listed above (1).

**Which custodians does Bone Fide Wealth use?**
Bone Fide Wealth's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist Financial LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Bone Fide Wealth 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/301066

**Does Bone Fide Wealth state an account minimum?**
Its Form ADV Part 2A brochure dated March 23, 2026 says: "Bone Fide Wealth does not require a minimum account size to obtain asset management services."

**What changed in Bone Fide Wealth's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $82,098,522 to $126,749,760 (+54%). Registered or notice-filed in CO.

## 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 23, 2026)

- Account minimum: None

> Bone Fide Wealth does not require a minimum account size to obtain asset management services.

- Hourly rate: $550 an hour (planning/consulting services)

> We also offer planning/consulting services on an hourly fee basis. This service is available to clients who have a specific need regarding one or a group of planning topics only. Our hourly fee is $550

- Hourly rate: $500 an hour (Retirement Plan Consulting services)

> Retirement Plan Consulting services are available on a negotiated hourly, flat, fixed, or asset-based fee basis. ... If fees are being charged on an hourly basis, they may not exceed $500 per hour.

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

### Custodians (Schedule D, Section 5.K(3))
- Altruist Financial 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: $126,749,760
- Discretionary: $126,749,760
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 157 | $69,040,347 |
| High net worth individuals | 23 | $56,291,821 |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $0 |
| Charitable organizations | Fewer than 5 | $0 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $0 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | 1 | $1,417,592 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2019 (7 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, NJ, NY, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bonefidewealth.com
- Facebook @bonefidewealth
- LinkedIn @bone-fide-wealth-llc
- LinkedIn @dougboneparth
- X @dougboneparth

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $79,218,000 | 2 | August 27, 2021 |
| October 2022 | $92,221,269 | 3 | March 4, 2022 |
| October 2023 | $84,154,480 | 4 | February 15, 2023 |
| October 2024 | $70,605,620 | 4 | February 13, 2024 |
| October 2025 | $82,098,522 | 4 | March 10, 2025 |
| October 2026 | $126,749,760 | 4 | March 23, 2026 |

Regulatory assets under management: $79,218,000 in the October 2021 data and $126,749,760 in the October 2026 data, up 60%.
Total employees: 2 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $82,098,522 to $126,749,760 (+54%).
- Registered or notice-filed in CO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Bone Fide Wealth (CRD 301066): Form ADV filing data as of October 2026.