Tiedemann Wealth Management announced the appointment of Thaddeus R. Shelly, III as a Managing Director and Senior Advisor. In this role, Mr. Shelly will be based in Tiedemann Wealth Management’s Palm Beach office and responsible for developing and maintaining client relationships.
“Thad is a very talented, well-respected leader who will provide our clients with trusted, objective wealth management solutions”
Mr. Shelly joins Tiedemann from Lazard, where he served as a Managing Director and Chief Executive Officer of Lazard Wealth Management, overseeing the Firm’s private wealth management effort in the U.S. Prior to joining Lazard in 2009, he was a Senior Managing Director at Bessemer Trust where he oversaw all client acquisition and account management for their Mid-Atlantic, South and Southeast regions and their Delaware Trust Company.
Before joining Bessemer, Mr. Shelly was the Founder and Director of Private Client Services at Legg Mason from 1992 to 1998. He began his career in Goldman Sachs’ Private Wealth Management business in 1984.
“Thad is a very talented, well-respected leader who will provide our clients with trusted, objective wealth management solutions,” said James Bertles, a Principal of the Firm. “His 29 years of private wealth management experience and expertise offer a unique perspective that will further enhance our industry-leading client services and national presence.”
Tiedemann Wealth Management provides a full range of wealth management services to families, trusts, foundations and endowments. The Firm works with approximately 130 clients and advises them on over $7.5bn of investable assets. Tiedemann is focused on providing customized, comprehensive and objective solutions to investment, financial and trust and estate matters.
Founded in 1999, the Firm is headquartered in New York with offices in Palm Beach and Los Angeles. The Firm provides trust services through Tiedemann Trust Company which is a state-chartered trust company located in Delaware.