What We Do at L.J. Altfest & Co., Inc: financial planners investment advisors, portfolio managers, located in New York , NY

<body topmargin="0" leftmargin="0"> <div align="left"><table border="0" cellpadding="0" cellspacing="0" width="480"> <tr> <td width="480">L. J. Altfest & Co., Inc. specializes in helping people with their financial planning and investment management needs. Our goal is to improve investment returns, reduce taxes, and plan future cash flows. Headquartered in Manhattans financial district, we are able to interact with other specialists while maintaining a warm, professional environment for our clients.<b><p>Objectivity</b></p> <p>L.J. Altfest & Co.s advice is impartial. Our only source of compensation is fees from clients. We do not accept commissions. We have no products to sell. We are free to make recommendations that are truly in the client s best interest.</p> <b><p>Experience</b></p> <p>We are a well-established <b>fee-only</b> financial and investment advisory firm founded in 1982. We work with clients in person by telephone, e-mail and fax around the world. Our president, Lewis J. Altfest, Ph.D., CPA, CFA, CFP, was named one of the "Best Planners" in the U.S. by <i>Money </i>magazine. Both Lew Altfest and vice president Karen C. Altfest, Ph.D., CFP, are included on the <i>Worth</i> "Best 300 Financial Advisers List" in the nation. We have an experienced international staff holding the MBA, CPA and CFP.</p> <b><p>Personal Service</b></p> <p>L.J. Altfest & Co. is large enough to handle complex situations yet small enough to devote personal attention to each client. Our skilled, understanding staff helps clients </p> <p>make decisions and solve problems. Informed, timely responses to questions are a priority. We schedule early morning and evening meetings to accommodate clients schedules.</p> <b><p>Why Financial Planning?</b></p> <p>A first-rate financial advisor is an objective and knowledgeable professional who can provide solutions for clients financial and investment needs, either alone or as part of a clients advisory team. With the increasing array of investment products and the growing burden of taxes, supervising financial affairs has become more complex. Some individuals have no background in analyzing financial matters, and others lack the time. Expert planning sets a steady course for both the financial novice and the experienced investor. </p> <b><p>Financial Planning  Our Approach</b></p> <p>True financial planning is a serious undertaking. It requires knowledge in a broad range of financial activities as well as a deep understanding of individual client needs. L.J. Altfest & Co. meets both these criteria. Through focused discussions with each client, we gain information that enables us to make recommendations that reflect personal concerns, needs and resources. Within the framework of an informed relationship, we work with our clients to fulfill their financial and Investment goals</p> <b><font SIZE="4"><i><p></i></font><font size="3">Our Services</font><u><font SIZE="4"></p> <p>What We Can Do For You </font></b><ul> <li>Overall Financial Planning</li> <li>Investment Management Services</li> <li>Reducing Tax Liabilities</li> <li>Improving Investment Returns</li> <li>Protecting Assets and Reducing Investment Risk</li> <li>Retirement Planning</li> <li>Estate Planning</li> <li>Cash flow Planning</li> <li>Managing an Inheritance/Lump Sum Settlement</li> <li>Planning for Childrens Education</li> <li>Evaluating and Financing a Co-op or House</li> <li>Evaluating Insurance Needs</li> <li>Business Consulting</li> <li>Corporate Seminars </li> </ul> <p> </p> </u><p><u><b> </p> <p>Our Added Value:<ul> <li></b></u>Access to more diversified investment products, including private limited partnerships that may be independent of stock market fluctuations.</li> <li>Possible cost savings from lower taxes, reductions in ongoing commission fees, use of no-load products and other funds that pay for themselves.</li> <li>Hands-on management by the president and vice president of our firm and personal relationships with them.</li> <li>Global scope built on international expertise.<b></li> </ul> <p>Investment Management Services</b></p> <p>L.J. Altfest & Co., Inc., a registered investment advisor, actively manages diversified portfolios either alone or with ongoing financial planning for clients with a minimum of $500,000 investable assets. The makeup of our portfolios reflects specific client goals such as long-term capital gains or high current income and capital preservation. Individual tax circumstances are also taken into account as are client needs and our projected rates of return for alternative investments. We review portfolios frequently to make sure they continue to reflect client requirements and our best thinking. Our objective is to equal or exceed expectations for growth of assets and income while managing portfolios in a careful manner.</p> <p><b> </p> <p>Our Investment Style</b></p> <p>L. J. Altfest & Co., Inc. employs a longer term approach to investing. The result is generally a reduction in asset turnover and lower commission expenses. Our portfolio </p> <p>strategy is multi-faceted. Our views of the economy and the stock, bond and real estate markets are most important. We use quantitative measurements of risk and return and asset allocation methods that can reduce fluctuations in portfolio performance. These modern techniques are combined with our own analysis of securities in drawing investment conclusions. Our value-oriented investment philosophy suggests assets that are considered sound but are currently less popular with investors. We believe that our style, developed by our president over his more than 25 years of investment experience, reduces overall risk and leads to highly favorable, longer term investment performance.</p> <p><b><font SIZE="4"><u> </p> <p>Specialized Services</u></font></p> <p>Comprehensive Personal Financial Plans</b> examine the clients whole financial life and provide detailed, interactive recommendations. Plans include investment selection, retirement and estate planning, insurance planning, tax planning and cash flow strategies.</p> <p><b> </p> <p>Retirement Plans</b> focus on proper organization for retirement regardless of age. They indicate the amount of assets and/or yearly savings needed to retire comfortably, and make specific investment recommendations to enhance retirement security.</p> <p><b> </p> <p>Investment Reviews </b>integrate experienced professional thinking, modern asset allocation strategies and client goals and risk tolerance. The goal: to improve returns and </p> <p>reduce portfolio fluctuations, either by client management or ongoing relationship services with our firm (see investment management).</p> <p><b> </p> <p>Estate Plans</b> help clients organize their wills, consider trusts and analyze other estate matters to reflect personal wishes in a way that minimizes potential taxes. We work closely with the clients attorney who implements the estate plan.</p> <p><b> </p> <p>Corporate</b> and <b>Physicians Services</b> are designed for individual, medical practices and hospitals that want to increase productivity by lessening their staffs financial concerns. We offer informative seminars and interactive workshops on retirement planning, investments and overall financial planning. We can customize detailed services for select individual needs.</p> <p><b> </p> <p>Womens Services </b>deal with financial issues that affect women and their families. Many of our clients are widows or divorced women who are new to financial concepts and have specific questions and concerns. Our Vice President, Karen Altfest, spends a good deal of her time conducting seminars for women in our offices and speaking to womens professional and investment groups.</p> <p><b> </p> <p>Schedule Fees for Services</p> <table BORDER="1" CELLSPACING="1" CELLPADDING="7" WIDTH="511"> <tr> <td WIDTH="41%" HEIGHT="24"><p ALIGN="CENTER">Service</td> <td WIDTH="31%" HEIGHT="24"><p ALIGN="CENTER">Oral</td> <td WIDTH="28%" HEIGHT="24"><p ALIGN="CENTER">Written</td> </tr> <tr> <td WIDTH="41%">Complete Investment review</td> <td WIDTH="31%"><p ALIGN="CENTER">From $2,500</td> <td WIDTH="28%"><p ALIGN="CENTER">From $3,500</td> </tr> <tr> <td WIDTH="41%">Complete Retirement Plan</td> <td WIDTH="31%"><p ALIGN="CENTER">From $2,500</td> <td WIDTH="28%"><p ALIGN="CENTER">From $3,500</td> </tr> <tr> <td WIDTH="41%">Comprehensive Financial Plan</td> <td WIDTH="31%"><p ALIGN="CENTER">From $5,000</td> <td WIDTH="28%"><p ALIGN="CENTER">From $6,500</td> </tr> </table> <u><p>Hourly Financial Consultation</u> $250 per hour<br> <u>Hourly Investment Consultation</u> $250 per hour (4 hour minimum)</p> <p></b>Annual Inverstment Management Fee --  <br> Subject to a minimum account size of $500,000.</p> <p> </p> <b><blockquote> </blockquote> <table BORDER="1" CELLSPACING="1" CELLPADDING="7" WIDTH="409"> <tr> <td WIDTH="52%" HEIGHT="26">Assets under management</td> <td WIDTH="48%" HEIGHT="26">Fee as a percentage of assets</td> </tr> <tr> <td WIDTH="52%" HEIGHT="22">Up to $1,000,000</td> <td WIDTH="48%" HEIGHT="22">1.00%</td> </tr> <tr> <td WIDTH="52%" HEIGHT="23">$1,000,001 to $2,000,000</td> <td WIDTH="48%" HEIGHT="23">0.75%</td> </tr> <tr> <td WIDTH="52%" HEIGHT="23">$2,000,001 and higher</td> <td WIDTH="48%" HEIGHT="23">0.50%</td> </tr> </table> <p>Payable in quarterly installments</p> <blockquote> <blockquote> <p>Note: This is a sample of services provided by our firm and typical fees for each service. When we learn more about your personal situation we will suggest which service is appropriate for you and tell you the specific cost for that service. Investment advisory fees can be tax deductible if they exceed 2% of your Adjusted Gross Income. </b></p> </blockquote> </blockquote> </td> </tr> <tr> <td width="100%" align="center"><font face="Times New Roman" size="4">L.J. Altfest & Co., Inc.</font><font face="Times New Roman" size="3"><br> </font><strong><font face="Times New Roman,Times,Times NewRoman" size="2" color="#000000">116 John Street, Suite 1120<br> New York, NY 10038</font></strong></td> </tr> <tr> <td width="50%" align="center"><p align="center"><font face="Times New Roman,Times,Times NewRoman" size="2" color="#000000"><strong>Toll-Free: 1-888-5ALTFEST(1-888-525-8337)</strong></font><br> <font face="Times New Roman" size="2">Phone: 212-968-0707         Fax: 212-968-9133<br> Email: <a href="altfest@altfest.com">altfest@altfest.com</a></font></td> </tr> <tr> <td width="50%" align="center"><font face="Times New Roman" size="2">     | <a href="f_whoweare.htm" target="_top">who we are</a>  | <a href="f_whatwedo.htm" target="_top">what we do</a> | <a href="f_contactus.htm" target="_top">contact us</a>  | <a href="f_ourviews.htm" target="_top">altfest views</a> | <a href="f_databank.htm" target="_top">databank</a> |<br> | <a href="f_news.htm" target="_top">news</a> <a href="f_links.htm" target="_top">| links</a> | <a href="index.htm" target="_top">home </a>|  <a href="f_quiz.htm" target="_top">quiz</a> |  <a href="f_check.htm" target="_top">check accoun</a>t | <a href="f_calc.htm" target="_top">calculato</a>r |</font></td> </tr> <tr> <td width="480">   <a HREF="wheel.htm" TARGET="MAIN"><b>Financial Planning Wheel</b></a></td> </tr> </table> </div> </body>