# Old Field Advisors Old Field Advisors is a Bank / Wealth / Trust based in Setauket, United States. ## Overview - **Organization type:** Bank / Wealth / Trust - **Headquarters:** Setauket, United States - **Region:** North America - **Address:** Setauket, NY, United States - **Founded:** 2005 - **Assets under management:** Undisclosed - **Website:** oldfieldadvisors.com - **LinkedIn:** https://www.linkedin.com/company/oldfieldadvisors ## Regulatory record - **CRD number:** 134519 - **SEC file number:** 801-122133 - **Registration status:** Registered - **Reports private funds:** No - **IAPD record:** https://adviserinfo.sec.gov/firm/summary/134519 ## About Old Field Advisors launched in 2005 as a direct rebuke to the asset-gathering model Turbow Marx observed across two decades in institutional sales and investor relations. The firm is a member of the Garrett Planning Network, an international collective of planners who offer advice on an hourly, as-needed basis. It is registered in New York as a fee-only RIA, meaning it accepts no commissions or product-based compensation — a structural choice that aligns its economics with planning output rather than portfolio size. Turbow Marx anchors the practice personally, drawing on a BA in Economics from the University of Michigan and an MBA in Finance from Columbia University. The firm does not report a strategy in the institutional sense. It does not operate pooled vehicles, commit to private funds, or deploy balance-sheet capital. Instead, Old Field Advisors applies planning frameworks to personal balance sheets, with documented expertise in concentrated single-stock positions, equity-compensation schedules, retirement-income distribution modeling, and mission-aligned or ESG-informed portfolios it calls 'conscious capital.' Client relationships proceed either as standalone planning engagements or as planning-led mandates where investment management is optional — a materially different sequence from the industry default. The firm explicitly positions portfolio reviews, equity-comp analysis, and pre-retirement transition work as discrete, billable services rather than loss-leaders for ongoing AUM fees. Old Field Advisors does not publish team size, AUM, or client-count figures. Its mailing address is a post-office box in Setauket, New York, and as of July 2024, all new-client meetings moved to an online-only format. No additional offices, adjacent vehicles, or family-office structures appear in public filings or the firm's own materials. There is no visible succession structure or operating-company relationship. Old Field Advisors differs from most RIAs in its explicit rejection of the permanent AUM relationship as a precondition for advice. The firm's website frames financial planning as a product that can be consumed hourly, without an ongoing retainer or asset-transfer requirement. That posture — combined with a client-acquisition funnel built around equity-comp-heavy professionals in pharma and biotech — constitutes a narrow but structurally distinct market position. For an allocator or peer family office, the relevant insight is not deployment capacity but the firm's observable thesis: that high-earning W-2 professionals with illiquid employer stock need fiduciary planning more than they need a portfolio manager. ## People - Gigi Turbow Marx — Founder ## Questions ### Does Old Field Advisors manage money on an ongoing basis, or is it purely a planning firm? It does both, but planning is the primary relationship and comes first. The firm offers standalone financial-planning engagements billed hourly or as fixed-fee projects, with portfolio reviews, equity-comp analysis, and retirement-income planning as distinct services. Investment management is available only as a follow-on for clients who want it — the firm does not require an AUM mandate to begin work. ### What kind of client does Old Field Advisors specialize in? The firm has developed a concentration in pharma, biotech, and other professionals carrying significant employer-stock or equity-compensation positions. It also actively courts pre-retirees managing concentrated low-basis stock and investors seeking mission-aligned (conscious-capital) portfolios. Turbow Marx's background selling research to institutions and running IR for public companies informs a planning approach built around single-stock risk and liquidity-event sequencing rather than generic asset allocation. ### How does Old Field Advisors charge for its services? It operates strictly on a fee-only basis, charging hourly consulting fees for planning work. As a member of the Garrett Planning Network, the firm has committed to offering advice on an as-needed, hourly model — no commissions, no product sales, and no minimum-AUM thresholds. This structure is designed to serve clients whose wealth is tied up in employer plans, restricted stock, or real estate and who cannot easily meet typical RIA asset minimums. ### Who makes the investment and planning decisions at Old Field Advisors? Gigi Turbow Marx is the founder and sole named principal. Her career spans currency-advisory and institutional-research roles at Citibank and Dean Witter, investment-banking experience in public finance, and IR-director roles at publicly traded companies. There is no indication of an investment committee or additional investment professionals on staff — the firm presents as a direct, founder-delivered practice. ## Related profiles - [Old Fashion Research](https://altss.com/profile/old-fashion-research) - [Old Greenwich Capital Partners](https://altss.com/profile/old-greenwich-capital-partners) --- Last updated: 2026-08-11T02:43:31.692Z Canonical page: https://altss.com/profile/old-field-advisors Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology