Top Wealth Manager Number 2 | Back to Top Wealth Managers
TAG Associates offers "old-time" family office services to clients whose fortunes are often newly minted. "Our clients tend to be first generation [wealth] entrepreneurs," says TAG President David Basner. "Most either own or recently sold a business." But they might also be a corporate CEO or a financial services guru.
While family office clients account for half of TAG’s 100 client relationships, their "soup-to-nuts" maintenance takes up far more than half the firm’s man-hours. With services that range from tax-sensitive investing to arranging private travel, "There are not many family offices as comprehensive as we are," Basner says.
The other 50 clients—HNW individuals and a few endowments—get stand-alone portfolio management.
Basner is especially pleased with the results of TAG's 2002 merger with GF Capital Management: "Our parent company is 100% employee-owned, completely independent and objective—no fee-sharing, clients pay a flat fee, and no internal conflicts of interest."
2009 Top Wealth Managers Rankings by Average AUM Per Client (PDF)