On this episode, Jeff and Bruce come on strong with the questions and Michael Tiedemann, CEO of Alvarium Tiedemann, takes them in stride. There’s so much to unpack, from the inception of the Tiedemann Advisors to its journey of rebranding and going public. Jeff is curious about Michael's lack of interest in private equity. Bruce wants to know what the heck Gwyneth Paltrow and Goop have to do with Michael Tiedemann. And of course the bigger questions: Does an RIA go public? If so, when? And do you misalign with your clients by going public? They note that the company is not just an RIA, but also has real estate and asset management businesses, and discuss why merging three businesses privately has its own set of major challenges. Michael admits he has overall geopolitical concerns over the next three years. He also expresses the company's position on acquisitions and how it's maintained a high level of organic growth.
Guest Bio:
Michael Tiedemann is Chief Executive Officer of Alvarium Tiedemann I AlTi. Michael began his career working for Tiedemann Investment Group (TIG) as an emerging markets research analyst. In 1994, he joined the equity research group at Banco Garantia, one of Brazil’s leading Investment Banks, living in Brazil for two years. Later Michael ran their equity sales and trading operations out of New York where he worked closely with Garantia’s top-ranked Hedge Fund-of-Fund Group. In 1998, when Credit Suisse acquired Garantia, he remained there, heading up their sales trading efforts for Latin America, until he left to start Tiedemann Advisors in 2000.
Michael has been a selected speaker at a number of financial and regulatory associations around the country. In 2012, the Henry Street Settlement honored Michael for his contribution to charitable causes, and most recently in 2017 Michael received the Impact Award for his contribution to fighting poverty by the River Fund of New York.
This episode is sponsored by Schwab Asset Management.
As one of the industry’s largest and most experienced asset managers, we offer a focused lineup of competitively priced ETFs, mutual funds and separately managed account strategies designed to serve the central needs of most investors. By operating our business through clients’ eyes, and putting them at the center of our decisions, we aim to deliver exceptional experiences to investors and the financial professionals who serve them.
Bruce this week speaks with Mark Goldberg, who has worked as a senior executive with Royal Alliance Associates, now Osaic, Carey Financial and Griffin Capital Securities about the current market for alternative investments, including private loan and BDC funds.
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Bruce Kelly is joined this week by Jeff Vivacqua of Cambridge Investment Research, who breaks down the company's success as a recruiter of financial advisors.
