Tiff Advisory Services, Inc. (Radnor)

Name: Tiff Advisory Services, Inc.
Address: 170 N. Radnor Chester Rd, Radnor, PA, 19087
Telephone: 610-684-8200

Tiff Advisory Services, Inc. is a large advisory firm based in Radnor. It manages $5.69 billion of regulatory assets for 45 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Delaware, Maryland, Massachusetts, Pennsylvania, and Texas.

Tiff Advisory Services provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tiff Advisory Services: assets under management

The assets under management (AUM) of Tiff Advisory Services, Inc. is $5.69 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 123% since the beginning of its operation, and $495.05 million of the total AUM is attributable to clients outside of the United States.

The firm manages $5.69 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $126.43 million each.

Tiff Advisory Services has custody of $1.68 billion in cash and securities for 29 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 97% of the total AUM. The second-largest asset type is government bonds, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tiff Advisory Services, Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Richard Joseph Flannery serves?

The firm provides services to investment companies, charitable organizations, and pooled investment vehicles. The largest group of clients of Richard Joseph Flannery is investment companies with 2 clients and $2.82 billion of assets under management. Among the 9 most similar advisory firms, Tiff Advisory Services has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $5.69 billion for 45 clients. 4% of the firm’s clients are foreign persons or businesses.

Tiff Advisory Services also advises several private funds. Namely, thirty six hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Tiff Advisory Services, Inc.

The company employs 73 people that are either part- or full-time employees. 26 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Richard Joseph Flannery has been acting as President since 1 Jan 2004. Jay Lynn Willoughby has served as the Chief Investment Officer since 1 Oct 2015. Kim Yvonne Lew joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Andrew Salem	President	1 Aug 1993	Other	2396174
William Mclean	Director	1 Mar 2000	Other	5123589
Tina Marie Leiter	Secretary	1 Sep 2000	Other	2223810
Kerri Cash White	Treasurer	1 Sep 2000	Other	4780227
D Ellen Shuman	Director	1 Sep 2000	Other	5123597
Jane Mendillo	Director	1 Jun 2002	Other	5123587
Thruston Ballard Morton	Director	1 Jul 2003	Other	3081964
Richard Joseph Flannery	Ceo/director	1 Jan 2004	Other	1865931
Esther Lynn Cash	Cfo	1 Jan 2004	Other	2396177
Tina Marie Leiter	Cco/secretary	1 Oct 2004	Other	2223810
Mark Paul Kritzman	Director	1 Jun 2005	Other	1647019
Christopher Jon Brightman	Director	1 Sep 2005	Other	4281210
Richelle Sandmeyer Maestro	Vice president/general counsel/secretary	1 Mar 2006	Other	2286744
Tamara C. Broad	Vice president/treasurer	1 Mar 2006	Other	5122724
Dawn Irene Lezon	Vice president/treasurer	1 Sep 2006	Other	2259500
Kelly Ann Lundstrom	Vice president	1 Sep 2006	Other	1706353
Seth David Alexander	Director	1 Jun 2007	Other	5510819
Seth Alexander	Director	1 Jun 2007	Other	5510819
Christian Andreas Szautner	Chief compliance officer/vice president	1 Apr 2008	Other	5655568
Christian Szautner	Chief compliance officer/vice president	1 Apr 2008	Other	5655568
James Leo Shields	Vice president/chief info officer	1 Jun 2008	Other	1099876
James L Shields	Vice president/chief info officer	1 Jun 2008	Other	1099876
Leiv Erik Lundberg	Director	1 Jun 2009	Other	5773924
Erik Lundberg	Director	1 Jun 2009	Other	5773924
Collette Denevers Chilton	Director	1 Sep 2009	Other	1555380
Richard Ray Lindsey	Director	1 Dec 2009	Other	3220948
Laurence Hugh Lebowitz	President/cio/director	1 Sep 2010	Other	2262336
Sandra (Nmn) Robertson	Director	1 Dec 2011	Other	6008325
Scott Charles Malpass	Director	1 Dec 2011	Other	2532347
Ashvin Bonafede Chhabra	Director	1 Dec 2011	Other	4892979
Dennis Richard Sugino	Director	1 Sep 2013	Other	4824377
Susan Kuniholm Potter	Managing director and head of member development	1 Sep 2013	Other	5527317
Ana Wiechers Marshall	Director	1 Sep 2014	Other	2203437
Jay Lynn Willoughby	Chief investment officer	1 Oct 2015	Other	1161173
Patrick Alan Torrey	Managing director/head of outreach	1 May 2016	Other	4579992
Gumersindo (Nmn) Oliveros	Director	1 Dec 2016	Other	6024727
Robert Jay Zion	Chief operating officer/vice president	1 Feb 2017	Other	2252734
Neal Finley Triplett	Director	1 Mar 2017	Other	6767035
Peter Bernard Holland	Director	1 Mar 2017	Other	2369460
Herbert Frederick Bohnet	General counsel-corporate/secretary/vice president	1 Jun 2017	Other	6831470
Katherine Mary (Nmn) Derganc Billings	Vice president/treasurer	1 Jul 2017	Other	6833280
Zane Tayyeb Hamid	Vice president	1 Dec 2017	Other	4746934
Pamela Lynn Peedin	Director	1 Mar 2018	Other	6920098
Kim Yvonne Lew	Director	1 Aug 2018	Other	6998682

Based in Radnor

The principal office where Tiff Advisory Services, Inc. performs its advisory services is located at 170 N. Radnor Chester Rd, Radnor, PA 19087, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-684-8200 or by fax 610-684-8080. The normal business hours are 9 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at tiff.org.