Bone Fide Wealth provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars. Financial planning was provided to 51–100 clients last fiscal year.
Bone Fide Wealth reports 181 clients. They include 157 individual clients, 23 high-net-worth individuals and 1 corporate or other business client. Of its assets, 100.0% ($127M across 668 accounts) are managed with discretion. It advised 34 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 87% | 54% |
| High-net-worth individuals | 13% | 44% |
| Banking or thrift institutions | 0% | 0% |
| Pension and profit-sharing plans | 0% | 0% |
| Charitable organizations | 0% | 0% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses | <1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 157 | $69M | 54.5% | $440K |
| High-net-worth individuals | 23 | $56.3M | 44.4% | $2.45M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | Fewer than 5 | $0 | 0.0% | — |
| Charitable organizations | Fewer than 5 | $0 | 0.0% | — |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $1.42M | 1.1% | $1.42M |
| Total | 181 | $127M | 100% | — |
- Clients
- 157
- Regulatory AUM
- $69M
- AUM share
- 54.5%
- Avg. per client
- $440K
- Clients
- 23
- Regulatory AUM
- $56.3M
- AUM share
- 44.4%
- Avg. per client
- $2.45M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $1.42M
- AUM share
- 1.1%
- Avg. per client
- $1.42M
Total
- Clients
- 181
- Regulatory AUM
- $127M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 34
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Bone Fide Wealth charges up to 1.00% a year for its Asset Management Services. The fee is negotiable. The brochure also prices 4 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Retainer
- Comprehensive annual financial planning typically ranges from $5,000 to $10,000, is set in the advisory contract and is billed quarterly in advance.
- Held-Away Account Management
- Held-away accounts managed through the program, including those accessed through Pontera, carry a maximum annual management fee of 1%, calculated quarterly in arrears.
- Hourly Planning and Consulting
- Hourly planning and consulting is $550 an hour with a one-hour minimum, negotiable and payable on completion of the work.
- Retirement Plan Consulting
- Retirement plan consulting is hourly, flat, fixed or asset-based; asset-based consulting is at most 1.00% a year and hourly work at most $500 an hour.
Douglas Boneparth owns 75% or more of Bone Fide Wealth. The leadership team of Bone Fide Wealth includes President Douglas Boneparth. It has 4 employees, 2 of them in advisory roles.
Staff
- 4 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 soliciting firm
- Owns 75% or more of Bone Fide Wealth, LLC
Douglas Boneparth
Control person · since December 2016
Bone Fide Wealth’s regulatory assets grew 1.6× from $79.2M (May 2021) to $127M (March 2026); clients rose from 114 to 181 and employees from 2 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $127M | 181 | 4 | 1 |
| Mar 2025March 2025 | $82.1M | 132 | 4 | 1 |
| Feb 2024February 2024 | $70.6M | 123 | 4 | 1 |
| Feb 2023February 2023 | $84.2M | 146 | 4 | 1 |
| Mar 2022March 2022 | $92.2M | 111 | 3 | 1 |
| May 2021May 2021 | $79.2M | 114 | 2 | 1 |
Besides its headquarters, Bone Fide Wealth has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 7 World Trade Center, 46th Floor, New YorkHQ
Contact and registration details
- Legal name
- Bone Fide Wealth, LLC
- Headquarters
- 7 World Trade Center, 46th Floor, New York, NY 10007
- Website
- bonefidewealth.com
- Phone
- 212-390-1161
- @bone-fide-wealth-llc
- SEC file
- 801-117389
- Structure
- New Jersey LLC
- Fiscal year end
- December
Bone Fide Wealth’s named custodian for separately managed accounts is Altruist ($127M). Bone Fide Wealth has custody of $72.2M for 159 clients.
- AltruistAltruist Financial LLC · Culver City, CA · $127M100%
At year end, Bone Fide Wealth’s separately managed accounts were mostly in stocks (70%) and funds (23%).
What the accounts hold
- Stocks70%
- Funds23%
- Bonds2%
- Cash4%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Bone Fide Wealth have?
Bone Fide Wealth has 181 clients and manages $127 million for them, as of March 2026. They include 157 individual clients, 23 high-net-worth individuals and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does Bone Fide Wealth offer?
Bone Fide Wealth provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Bone Fide Wealth charge?
Bone Fide Wealth charges up to 1.00% a year for its Asset Management Services. The fee is negotiable.
Which custodians does Bone Fide Wealth use?
Bone Fide Wealth’s separately managed account assets are held at Altruist Financial LLC (Culver City, CA), with $127M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026
How many financial advisors does Bone Fide Wealth have?
Bone Fide Wealth has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Bone Fide Wealth invest in?
At the end of its last fiscal year, Bone Fide Wealth’s separately managed accounts held 70% exchange-traded equities, 23% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Bone Fide Wealth?
Bone Fide Wealth’s direct owner is Douglas Boneparth (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does Bone Fide Wealth get paid?
Bone Fide Wealth is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Bone Fide Wealth?
Bone Fide Wealth’s main office is at 7 World Trade Center, 46th Floor, New York, NY 10007. Its phone number is 212-390-1161. Its website is bonefidewealth.com.