Bone Fide Wealth logo

Bone Fide Wealth

Updated today

Client assets under management

$125,332,168

Clients

180

13% high-net worth

Advisors

2

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

90

High

Average account size

$696,290

About

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.

Client services

Financial planning Portfolio management Selection of other advisers Educational seminars or workshops

Occupation focus

Self-Employed

Demographic focus

Young Professionals

Fee options

Fixed

Financial education seminar fees to sponsors generally range from $5,000 to $10,000; financial planning may be offered on flat retainer basis.

Percentage

$0 - $10,000,000: 1.00% annually Over $10,000,000+: Negotiable

Project-based

Hourly fee for planning/consulting services is $550 per hour with a one hour minimum, negotiable.

Other

Fee-only: Financial planning fees typically range from $5,000 to $10,000 annually (flat retainer); hourly fee of $550 per hour with a one hour minimum, negotiable.

Main office location

Bone Fide Wealth

7 World Trade Center, 46 Th Floor

New York NY 10007, United States

Number of offices

1

Most active in

California · Colorado · Florida · New Jersey · New York · Pennsylvania · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Douglas B

CFP®, Series 66

New York, NY

Bone Fide Wealth

Douglas Boneparth is a CFP® with 20 years of industry experience and is the principal of Bone Fide Wealth, where he has worked since 2016. Prior to that, he was with CommonWealth Financial Network for seven years. Outside of his advisory work, he is co-author of the personal finance book *The Millennial Money Fix* and is involved with a web3-based coffee company, CryptoDrip, LLC. Bone Fide Wealth serves millennials, young professionals, and entrepreneurs by offering financial life planning, asset management, retirement plan consulting, and participant 401(k)/403(b) account management. The firm delivers customized investment advice using a combination of fundamental and technical analysis and provides employer-facing services such as plan sponsor consulting and financial education seminars.

Self-Employed Young Professionals
user avatar

Clifford C

CFP®, Series 65

Southold, NY

Bone Fide Wealth

Clifford Cornell III is a CFP® and holds a Series 65 license with four years of industry experience. He has worked at Bone Fide Wealth since 2021 and held prior positions at DLP Real Estate Capital, Innovative Tax Solution, Muhlenberg College, and South Side MS/HS. Outside of financial advising, he has worked as a server at The Frisky Oyster in Greenport, NY. Bone Fide Wealth serves millennials, young professionals, and entrepreneurs by offering comprehensive financial life planning, asset management, and retirement plan consulting. The firm combines fundamental and technical analysis to deliver customized investment advice and provides employer-facing services such as plan sponsor consulting and financial education seminars.

Self-Employed Young Professionals
Warmer team member

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")