Tigress Financial Partners LLC (New York)

Name: Tigress Financial Partners LLC
Address: 410 Park Avenue, New York, NY, 10022
Telephone: 212-430-8700

Tigress Financial Partners LLC is a mid-sized advisory firm based in New York. It manages $30 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of New Jersey and New York.

Tigress Financial Partners provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tigress Financial Partners: assets under management

The assets under management (AUM) of Tigress Financial Partners LLC is $30 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -22% since the beginning of its operation, and $6 million of the total AUM is attributable to clients outside of the United States.

The firm manages $30 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $600 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in state and local bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tigress Financial Partners LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tigress Financial Partners serves?

The firm provides services to investment companies, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Tigress Financial Partners is high net worth individuals with 40 clients and $20 million of assets under management. Among the 2 most similar advisory firms, Tigress Financial Partners has the 0th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $29 million for 49 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Tigress Financial Partners doesn't advise any private funds.

Careers at Tigress Financial Partners LLC

The company employs 12 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tigress Holdings Llc	100% owner	1 May 2010	75% - 100%	27-2127752
Cynthia Denise Dibartolo	Chief executive officer / chief compliance officer	1 May 2010	Other	2413494
Kris Steckman	General securities principal	1 Aug 2011	Other	5802361
Michael Thomas Marrone	Cfo/finop	1 Jun 2015	Other	4859949

Based in New York

The principal office where Tigress Financial Partners LLC performs its advisory services is located at 410 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-430-8700 or by fax 646-862-2908. The normal business hours are 9:00 am - 6: 00 pm on Monday - Friday. You can find more information about the New York firm at tigressfp.com.