Southold, NY Office

Bone Fide Wealth is an independent investment adviser that focuses on financial life planning for millennials, young professionals, and entrepreneurs. The firm provides comprehensive financial planning, discretionary asset management, retirement-plan consulting, financial education seminars, held-away account management, and limited digital asset services.

The firm manages client portfolios using model and custom portfolios accessed through Altruist’s Model Marketplace and tax-management tools, and it implements discretionary trading with holdings that may be long-term or actively traded as appropriate. For employer retirement plans, Bone Fide Wealth offers consulting to plan sponsors and can manage participant-directed 401(k)/403(b) held-away accounts through a third-party order management system, and it limits digital-asset exposure to clients who sign a Digital Asset Risk Acknowledgement.

Compared with many peers, Bone Fide Wealth combines a consumer-focused target market with services more commonly associated with institutional relationships, notably running paid financial-education seminars for sponsoring organizations and providing held-away plan management and retirement-plan consulting. The firm also discloses use of the Altruist platform and a promoter/referral program that compensates outside professionals for client introductions, arrangements that are material to how it acquires and supports client relationships.