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Mark Schiffenhaus, CFP®

Mark has over 30 years of experience in the finance and investment industry. He received his Bachelor’s degree from Boston University in 1988 and started working in the family business, specializing in consumer packaging manufacturing. In 1992, Mark pursued his passion for investments, moving to San Francisco and finding a position on the floor of the Pacific Options Exchange. After meeting his future wife, Ann, the two moved back to New York, where he began working as an Independent Options Market Maker on the American Stock Exchange.

After a decade trading on the floor, he shifted his focus to financial planning and investment management, beginning his advisory practice with UBS. In 2010 Mark joined Detwiler Fenton- a Boston boutique broker/dealer and wealth management firm.

Committed to acting in the best interest of his clients, Mark founded Long Point Wealth Management in 2017. He initially partnered with Cantella & Company, Inc., then in June 2021, opened his practice as an Independent Registered Investment Advisor. Through this venture, Mark provides fiduciary services that are truly independent and unbiased.

With more than three decades of experience in investment management and financial advice, Mark is passionate about helping people reach their financial and retirement goals. In addition, he enjoys spending time with family, volunteering as a youth lacrosse coach, surfing, pickleball, and gardening.

Cape Cod Furies

Long Point Wealth Management
is proud to support
the Lower Cape Youth Lacrosse team.

Charles SchwabCharles Schwab

Understanding the Strength of your Custodian


In 2021 Mark Schiffenhaus formed his own RIA., Long Point Wealth Management, LLC.

Long Point will generally recommend that Clients establish their account(s) at Charles Schwab & Co., Inc., a FINRA-registered broker-dealer and member SIPC.  Schwab will serve as the Client qualified Custodian.  Long Point maintains an institutional relationship with Schwab, whereby the Advisor receives economic benefits from Schwab.  Please refer to Brokerage Practices in Form-ADV Page 11 for further information.

Long Point does not accept or maintain custody of any client’s accounts, except for the authorized deduction of Advisor’s fees.  All Clients must place their assets with a qualified custodian. Clients are required to engage the Custodian to retain their funds and securities, and direct Long Point to utilize the Custodian for the Clients security transactions.

Where Long Point does not exercise discretion over the selection of the Custodian, it will recommend the Custodian to Clients.  Long Point may advise the Custodian based on criteria such as, but not limited to, the reasonableness of commissions charged to the Client, services made available to the Client, and its reputation.

What is a Fiduciary?

A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties. Typically, a fiduciary prudently takes care of money or other assets for another person.

Learn more by watching this video.