Peter Altman is a registered investment advisor at Altman Investment Management LLC, based in Princeton, NJ, with 19 years of industry experience. Peter operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management. Their firm serves 39 clients with $110M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Altman Investment Management charges a percentage of your portfolio's value each year. There are two fee schedules, one for "Equity and Balanced" accounts and another "Fixed Fee Schedule" for new clients after March 31, 2011. Fees are negotiable.
Equity and Balanced Fee Schedule:
- First $1,000,000: 1.25%
- Next $2,000,000: 0.95%
- Next $7,000,000: 0.75%
- Next $40,000,000: 0.55%
- Value in excess of $50,000,000: Negotiable
Minimum Discretionary Fee: $7,500 Minimum Non-Discretionary Fee: $8,500
Fixed Fee Schedule (New Clients from March 31, 2011):
- First $1,000,000: 0.50%
- Next $2,000,000: 0.20%
- Next $7,000,000: 0.15%
- Value in excess of $50,000,000: Negotiable
Minimum Discretionary Fee: $20,000
There is a surcharge of 0.1% for non-discretionary accounts.
Location
33 Witherspoon Street, 2nd Floor, Princeton, NJ, 08542
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Altman Investment Management LLC
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.