Profile

Andrew Altfest

Managing Director, Executive Vice President,
Altfest Personal Wealth Management

Contact Details

Altfest Personal Wealth Management
445 Park Ave Fl 6
New York, NY
Google Map Icon
Work: (212) 406-0850
Platinum Most Valuable Member

Social Links


Bio

Andrew advises clients about their personal finances and drives financial planning strategies for team members across the firm. He is also an active member of Altfest’s Investment Committee and the Portfolio Action Group, which sets investment strategy for client portfolios. He was named to Financial Advisor magazine’s Due Diligence/Research Manager All-Star Team in 2012 & 2013, and most recently was ranked in the top 15% on the inaugural 2017 Forbes List of America's Top Next-Generation Wealth Advisors. Additionally, he leads the firm’s efforts in the tax management of investment portfolios, and advises clients on charitable contributions.

As a leader of Altfest Personal Management, Andrew has spearheaded a number of initiatives as part of his role to expand the firm, including organizing different practices focused on segments, launching private equity solutions, directing the firm’s Young Professionals group aimed at millennials, further formalizing investment processes, and introducing a new technology mandate, including digital planning, to enhance decision-making, client experience, and productivity.

Andrew joined the firm in 2003. He received his B.A. with honors in English from Cornell University and his MBA from Columbia University’s Graduate School of Business, where he served as head of The Honor Board. He has spoken at local universities, industry conferences and the American Association of Individual Investors, and has appeared in the press, including The Wall Street Journal, Bloomberg News, and Dow Jones Newswire.

Andrew is a member of the National Association of Personal Financial Advisors (NAPFA), and as chair of the NY chapter, he has strengthened its membership. He’s on the board of the Lower East Side Jewish Conservancy, mentors young advisors and NYU’s CFP students, and serves on the Junior Advisory Board of the NY Common Pantry.

In his free time, Andrew enjoys running, biking, new restaurants, traveling & learning about different cultures.

Functional Job title

Managing Director, Executive Vice President

Firm Demographics

O. AUM - Over $500 million

Special Interests

Business Owners, Corporate Executives, Families, Medical Professionals, Millenials / Gen XY, Retirees

Certifications

CFP®

Interests/Expertise

Alternative or Private Investments, Business Development, Charitable Giving, College and Education Planning, Corporate Executives, Cross Border Issues, Divorce Planning, Employee Benefit Plans, Entrepreneurs, Estate and Generational Issues, Gen X Planning, Gen Y Planning, High Net Worth Individuals, Insurance, Investment Advice, Investment Management - Ongoing, Investments - Active, Investments - Passive, Medical Professionals, Real Estate Investements, Retirement Plan Investment, Retirement Planning & Distribution Rules, Socially Responsible Investments, Succession Planning

Education

Columbia Business School
New York, New York, United States
Master of Business Administration (MBA), 2008
2007 To 2008

Cornell University
Ithaca, New York, United States
Bachelor of Arts with Honors, 2003
English
1999 To 2003

Job History

Altfest Personal Wealth Management
Managing Director, Executive Vice President
June 2003 - present

Honors and Awards

America's Top Next-Generation Wealth Advisors
Forbes
2017

Due Diligence/Research Manager All-Star Team
Financial Advisor magazine
2012, 2013