DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Altfest Personal Wealth Management

Independent wealth managerNew York, New YorkCRD 110130SEC 801-18320websiteIAPD
Legal name L.J. Altfest & Co., Inc.
Latest filing Mar 4, 2026
First filing on the tape Mar 28, 2012 · 40 filings
SEC status approved since Feb 2, 1983
RAUM
$1.8B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$1.8B individuals and HNW
Advisors
19
registered through the firm on IAPD
RAUM per advisor
$94.6M
derived; firm RAUM over IAPD count
Employees
42
19 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$1.8B as of Mar 4, 2026
Mar 28, 2012$749M then
HNW client RAUM$1.6B as of Mar 4, 2026
Mar 29, 2018$1.0B then
State-registered IARs (5.B.3)19 as of Mar 4, 2026
Jan 29, 20131 then
Employees (5.A)42 as of Mar 4, 2026
Jan 29, 201320 then
Private funds1 as of Mar 4, 2026
Feb 12, 20151 then
RAUM +11% over the last fiscal year+9.0% a year over threeIARs 19 to 19
Practice profile
derived from the filing of Mar 4, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$94.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
36derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.8MderivedHNW RAUM over HNW clients
Average account
$572,895derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.2derivedItem 5.A over advisors
Advisors per office
9.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, publicationsreportedItem 5.G
Financial planning clients
500reportedItem 5.H
Custody
$432M, 352 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.6B91%
  • Individuals$119M6.6%
  • Pooled investment vehicles$19.0M1.1%
  • Charitable organizations$14.1M0.8%
  • Corporations and businesses$1.9M0.1%
Individual clients
255reported
HNW clients
431reported
Pension plan clients
n/areported
Charitable clients
5reported
Accounts
3,139reported
Financial planning clients
500reported
Wrap fee programs
noreported
Custody of client assets
$432M for 352 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.01 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
19 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
William Michael PrendergastNew York, NyJun 1, 200533 y0
Ekta Bhaichand PatelCertified Financial PlannerColumbia, Sc Sep 18, 200719 y0
Filip Ross WolfeCertified Financial PlannerNew York, NyOct 23, 200721 y0
Karen Caplan AltfestCertified Financial PlannerNew York, NyJul 23, 202131 y1
Andrew Gamer AltfestCertified Financial PlannerNew York, NyJul 27, 202117 y0
Steven Keith NovackCertified Financial PlannerNew York, NyAug 2, 202110 y0
Daniel J DucaCertified Financial PlannerNew York, NyAug 5, 202113 y0
Feifei XingCertified Financial PlannerNew York, NyAug 5, 20219 y0
David Aaron KressnerCertified Financial Planner, Chartered Financial AnalystNew York, NyAug 5, 202127 y2
Lewis Jay AltfestCertified Financial Planner, Personal Financial SpecialistNew York, NyAug 9, 202142 y1
Andrew John LaskarisCertified Financial Planner, Chartered Financial AnalystNew York, NyAug 10, 202110 y0
Eric Scott NelsonCertified Financial PlannerNew York, NyApr 20, 202219 y2
Christian Joseph DirussoCertified Financial Planner, Chartered Financial ConsultantNew York, NyJan 2, 202413 y0
Courtney Belle MckennaCertified Financial PlannerNew York, NyJan 6, 202533 y0
Juan Alberto GonzalezBay Harbor Island, Fl Jan 8, 202510 y0
Eric Joseph WalterNew York, NySep 4, 202526 y1
Ting WangCertified Financial PlannerNew York, NySep 10, 202511 y0
Tara Shayna KorkusCertified Financial PlannerNew York, NySep 10, 202510 y1
Palak Solanki ForbesNew York, NyJun 3, 202612 y0
Advisor movement
3 left, 0 joined in 12 months
net -3 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 16% of current headcount8 left over 36 months
Left, latest
Joined, latest
Private funds
2 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Altfest Alternative Value Fund I, LLCHedge Fund$12.6M24May 9, 2014
Arden Woods Real Estate, LLCno longer reportedHedge Fund$00Mar 30, 2021
Owners and control persons
Schedule A and B, latest filing
  • Gamer Andrew Altfest · Presidentcontrol
    since 03/2019 · owns 10% to 25%
  • Caplan Karen Altfest · Executive Vice President Client Relationscontrol
    since 01/1986 · owns less than 5%
  • Jay Lewis Altfest · Chief Executive Officercontrol
    since 01/1985 · owns less than 5%
  • Jay Lewis Altfest · Chief Executive Officercontrol
    since 12/2012 · owns 75% or more of Altfest 2012 Family Trust
  • Nmn John Valentini · Chief Operations Officer And Chief Compliance Officer
    since 05/2010 · owns less than 5%
Entity owners
  • Altfest 2012 Family Trust · Owner
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • Altfest Management, LLC
    pooled vehicle sponsorn
  • Ardre Management, LLC
    pooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
New York, Ny · principal1913
Whitefishh, Mt000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 3,191 to 3,139
    Sep 11, 2025 to Mar 4, 2026
  • HNW clients · 391 to 431
    Sep 11, 2025 to Mar 4, 2026
  • Individual clients · 289 to 255
    Sep 11, 2025 to Mar 4, 2026
  • Pooled vehicle clients · 3 to 4
    Sep 11, 2025 to Mar 4, 2026
  • Assets in custody · $342M to $432M
    Sep 11, 2025 to Mar 4, 2026
  • Discretionary RAUM · $1.6B to $1.8B
    Sep 11, 2025 to Mar 4, 2026
  • HNW RAUM · $1.4B to $1.6B
    Sep 11, 2025 to Mar 4, 2026
  • Individual RAUM · $145M to $119M
    Sep 11, 2025 to Mar 4, 2026
  • Pooled vehicle RAUM · $18.0M to $19.0M
    Sep 11, 2025 to Mar 4, 2026
  • RAUM · $1.6B to $1.8B
    Sep 11, 2025 to Mar 4, 2026
  • Accounts · 3,328 to 3,191
    Sep 4, 2024 to Feb 24, 2025
  • HNW clients · 379 to 391
    Sep 4, 2024 to Feb 24, 2025
  • Individual clients · 294 to 289
    Sep 4, 2024 to Feb 24, 2025
  • Assets in custody · $342M to $342M
    Sep 4, 2024 to Feb 24, 2025
  • Financial planning clients · More than 500 to More than 500
    Sep 4, 2024 to Feb 24, 2025
  • Other offices · 0 to 1
    Sep 4, 2024 to Feb 24, 2025
  • Discretionary RAUM · $1.6B to $1.6B
    Sep 4, 2024 to Feb 24, 2025
  • HNW RAUM · $1.4B to $1.4B
    Sep 4, 2024 to Feb 24, 2025
  • Individual RAUM · $155M to $145M
    Sep 4, 2024 to Feb 24, 2025
  • Non-discretionary RAUM · $27.8M to $0
    Sep 4, 2024 to Feb 24, 2025
  • Pooled vehicle RAUM · $17.2M to $18.0M
    Sep 4, 2024 to Feb 24, 2025
  • RAUM · $1.6B to $1.6B
    Sep 4, 2024 to Feb 24, 2025
  • Assets in custody · $320M to $342M
    Aug 30, 2024 to Sep 4, 2024
  • Custody of client assets · false to true
    May 15, 2024 to Aug 30, 2024
  • Accounts · 3,283 to 3,328
    Mar 22, 2023 to Feb 20, 2024
  • Advisory employees · 16 to 19
    Mar 22, 2023 to Feb 20, 2024
  • Charity clients · unset to 5.0
    Mar 22, 2023 to Feb 20, 2024
  • HNW clients · 419 to 379
    Mar 22, 2023 to Feb 20, 2024
  • Individual clients · 283 to 294
    Mar 22, 2023 to Feb 20, 2024
  • Pooled vehicle clients · 2 to 3
    Mar 22, 2023 to Feb 20, 2024
  • Assets in custody · $251M to $320M
    Mar 22, 2023 to Feb 20, 2024
  • Custody of client assets · true to false
    Mar 22, 2023 to Feb 20, 2024
  • Employees · 37 to 42
    Mar 22, 2023 to Feb 20, 2024
  • State-registered IARs · 1 to 19
    Mar 22, 2023 to Feb 20, 2024
  • Legal name · ALTFEST L J & CO INC to L.J. ALTFEST & CO., INC.
    Mar 22, 2023 to Feb 20, 2024
  • Discretionary RAUM · $1.4B to $1.6B
    Mar 22, 2023 to Feb 20, 2024
  • HNW RAUM · $1.2B to $1.4B
    Mar 22, 2023 to Feb 20, 2024
  • Individual RAUM · $144M to $155M
    Mar 22, 2023 to Feb 20, 2024
  • Non-discretionary RAUM · $16.8M to $27.8M
    Mar 22, 2023 to Feb 20, 2024
  • Pooled vehicle RAUM · $16.3M to $17.2M
    Mar 22, 2023 to Feb 20, 2024
Signals
13 dated events
  • Jenna Mackenzie Egan left Altfest Personal Wealth Management for Neuberger Berman Bd Llc (registered 2026-06-02)
    May 29, 2026 · Advisor changed firm · fact
  • Jesse Blalock Frehling left Altfest Personal Wealth Management for Mercer Global Advisors Inc. (registered 2025-08-26)
    Nov 24, 2025 · Advisor changed firm · fact
  • Ryan Everett Graham left Altfest Personal Wealth Management for Wedmont Private Capital (registered 2025-10-29)
    Oct 9, 2025 · Advisor changed firm · fact
  • Tobin F Walters left Altfest Personal Wealth Management for Belpointe Asset Management Llc (registered 2025-08-01)
    Sep 2, 2025 · Advisor changed firm · fact
  • Jessica Nelson left Altfest Personal Wealth Management for Mariner (registered 2024-12-02)
    Oct 31, 2024 · Advisor changed firm · fact
  • James Walter Bassett left Altfest Personal Wealth Management for Wealth Enhancement Advisory Services, Llc (registered 2025-03-31)
    Jul 23, 2024 · Advisor changed firm · fact
  • Dennis Ricardo Huergo left Altfest Personal Wealth Management for Wealth Enhancement Advisory Services, Llc (registered 2024-03-14)
    Apr 15, 2024 · Advisor changed firm · fact
  • Altfest Personal Wealth Management reported 19 state-registered advisory representatives, up from 1 (2023-03-22 to 2024-02-20)
    Feb 20, 2024 · Advisor headcount change · derived
  • Sean Vincent Janni left Altfest Personal Wealth Management for Jfg Wealth Management, Llc (registered 2023-01-18)
    Nov 9, 2023 · Advisor changed firm · fact
  • Christina Ann Shaffer left Altfest Personal Wealth Management for Allgen Financial Advisors, Inc. (registered 2023-04-14)
    Mar 28, 2023 · Advisor changed firm · fact
  • Elias Kaplan left Altfest Personal Wealth Management for Lido (registered 2022-07-06)
    Jul 18, 2022 · Advisor changed firm · fact
  • Benjamin Daniel Lake left Altfest Personal Wealth Management for Composition Wealth, Llc (registered 2022-04-25)
    Jun 29, 2022 · Advisor changed firm · fact
  • Thomas Bridges Dickey left Altfest Personal Wealth Management for Inverness Counsel, Llc (registered 2022-06-27)
    Jun 23, 2022 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business email
inquiry@altfest.comreportedpublished by the firm, firm site, Sep 16, 2026
Business email
hello@altfest.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
305-714-3012reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
888-525-8337reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
212-406-0850reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/altfestpersonalwealthmanagementreportedpublic record, Form ADV, Sep 17, 2026
Website
ALTFEST.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
212-406-0850reportedpublic record, Form ADV, Mar 4, 2026
Contact form
altfest.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$94.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026