Tiedemann Advisors is an international financial advisory firm based in New York City. While it's ranked among New York City's top financial advisors, it also has locations in Texas, California, Florida, Washington, Colorado, Minnesota, Delaware, Oregon, Maryland and Washington D.C. Tiedemann Advisors also has offices in Singapore, Switzerland, Italy, France, the U.K., Hong Kong, Portugal and Canada.
This fee-only firm has billions in assets under management and a huge team of financial advisors on staff. The firm was recognized as one of the top registered investment advisors (RIAs) in the country by the Financial Times.
The firm's advisory team includes Certified Financial Planners™ (CFPs®), chartered financial analysts (CFAs), certified public accountants (CPAs), chartered alternative investment analysts (CAIAs) and certified investment management analysts (CIMAs).
Tiedemann Advisors Background
The firm was founded by the late Carl Tiedemann (who previously had decades of experience and leadership expertise on Wall Street) and opened for business in 2008. Tiedemann's son, Michael Tiedeman, serves as CEO, while Kevin Moran serves as the firm's chief operating officer.
In January 2023, the firm's parent company completed a merger with TIG Trinity Management, LLC, an alternative investment management firm; Alvarium Investments Limited, a London-based global multifamily office; and Cartesian Growth Corporation, a publicly traded special purpose acquisition company. As a result of this merger, the firm is now owned by AlTi Global, Inc., a publicly traded company.
In recent years, Tiedemann Advisors has earned a number of accolades, including:
- Recognized by the Financial Times as a leading independent advisory firm (fourth consecutive year, and sixth year overall on the the FT300 list)
- Named best outsourced CIO and best multi-family office (MFO) (with more than $15 billion in AUM) by Family Wealth Report Awards
- Named best estate planning advisory by Private Asset Management (PAM)
- Recognized by Barron’s as a top 20 independent advisory firm (2018)
Tiedemann Advisors Client Types and Minimum Account Sizes
Tiedemann Advisors primarily offers financial advisory services to high-net-worth individuals and families. The SEC defines high-net-worth investors as individuals who have at least $1 million in investable assets. Additionally, Tiedemann works with trusts, foundations, endowments, charitable organizations and other business or family-related entities.
There is no hard-and-fast minimum account size requirement at Tiedemann Advisors. Each individual fund that investors choose to invest in may have a minimum investment requirement.
Services Offered by Tiedemann Advisors
Tiedemann Advisors provides both discretionary and non-discretionary investment advisory services, investment consulting and other services. The firm customizes services and portfolios based on a thorough understanding of each client's particular situation (including risk tolerance and liquidity) and objectives. The firm also selects investment advisors to offer guidance to private investment fund commingled vehicles, or pooled investment funds
Tiedemann Advisors employs a “manager-of-managers” approach to financial advising, finding and selecting the third-party investment advisors, portfolio managers and investment funds with which to invest their clients’ money. Advisors at Tiedemann look for managers who invest in diverse asset classes and who invest globally.
The firm still looks to manage risk and continually monitor the managers with whom they invest. It considers performance, personnel turnover and any strategy deviation when selecting managers. The firm typically invests its clients’ assets in mutual funds and exchange-traded funds, though other options, like individual equities and real estate, may be used.
Fees Under Tiedemann Advisors
Tiedemann Advisors’ fees vary based on the type of account, the asset classes under management and each client’s total assets under management. Fees are generally based on a percentage of assets under management, though the advisor can choose to charge a flat or minimum fee.
The top rate for Tiedemann’s advisory fee tends to be 0.85%. As a fee-only firm, Tiedemann and its individual advisors do not earn any commissions. However, clients may also be responsible for management fees or other charges from mutual funds or other investment vehicles in which they choose to invest their money.
| Estimated Fee Comparison* | |
| Your Assets | Tiedemann Advisors |
| $500K | $4,250 |
| $1MM | $8,500 |
| $5MM | $42,500 |
| $10MM | $85,000 |
| *Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount. | |
Learn more about advisors' typical costs here.
What to Watch Out For
There are no legal or regulatory disclosures present on Tiedemann Advisors' latest SEC-filed Form ADV.
Tiedemann Advisors specializes in serving high-net-worth investors and families. If you are an investor who is just starting out or who is still building wealth, it likely won’t be the right option for you.
Also of note is that the firm mostly uses third-party investment management options, considering itself a “manager of managers” that picks active managers who in turn manage their clients’ money. Tiedemann may not meet your needs if you are looking for a manager who actively manages your portfolio themselves. Clients should also note that the firm primarily invests clients’ asset in funds, which may incur additional costs.
Opening an Account With Tiedemann Advisors
To open an account with Tiedemann Advisors, a potential client can call or visit one of the firm’s many offices. Another option is to fill out a form on the company’s website. The form asks for your contact information, what services you're most interested in receiving and a brief massage.
All information is accurate as of the writing of this article.
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