Andrew Alfest

Andrew is the founder and CEO of FP Alpha, the first AI-driven advanced planning solution that covers more than 16 areas of financial planning. The software enables financial advisors to save time in the planning process through automation, showcase their value beyond investments, and deliver a personalized, comprehensive experience that clients require. FP Alpha provides financial advisors the scale and depth of knowledge necessary to enhance their planning practices by providing key offerings such as tax, estate, and insurance to their entire client base, usually just reserved for the wealthiest clients.

FP Alpha has been recognized with numerous industry awards including the 2022 WealthManagement.com award for Innovative Technology/New Applications and the 2022 Think Advisor Luminary Award Winner for FinTech Executive Leadership.

Andrew is also the President and Principal Advisor at Altfest Personal Wealth Management, a $1.6B Registered Investment Advisor based in New York City. There he advises clients about personal finances and drives financial planning strategies across the firm. He is an active member of Altfest’s Investment Committee and the Portfolio Action Group, which sets investment strategy for client portfolios.

As a leader of Altfest Personal Wealth Management, Andrew has spearheaded a number of initiatives to expand the firm. These have included organizing different practice groups focused on client segments, launching private equity solutions and directing the firm’s Young Professionals Group aimed at millennials. He has encouraged further formalizing investment processes and led the introduction of a new technology mandate with digital planning to enhance decision-making, the client experience, and productivity. Additionally, Andrew leads the firm’s efforts in the tax management of investment portfolios and advises clients on charitable contributions.

Andrew joined the firm in 2003. He received his BA with honors in English from Cornell University, and his MBA from Columbia University Graduate School of Business. He is a CFP® licensee. Andrew 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 Newswires.

Andrew is a member of the National Association of Personal Financial Advisors (NAPFA), and Chair of the New York City chapter. He’s on the board of the Lower East Side Jewish Conservancy. In his free time, Andrew enjoys running, biking, trying new restaurants, traveling and learning about different cultures.