Tiedemann Advisors Appoints Robert Hormats as Managing Director
Tiedemann Advisors, one of the largest independent U.S. investment and wealth advisors for ultra-high-net-worth families, trusts, foundations, and endowments, announced today that international investment and foreign policy expert Robert Hormats is joining the firm as a Managing Director.
Tiedemann Advisors, one of the largest independent U.S. investment and wealth advisors for ultra-high-net-worth families, trusts, foundations, and endowments, announced today that international investment and foreign policy expert Robert Hormats is joining the firm as a Managing Director. In this role, Mr. Hormats will help Tiedemann’s domestic and international clients navigate the evolving investment and geopolitical landscape across the globe, as well as support the firm’s corporate and business development strategy.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200309005051/en/
Robert Hormats (Photo: Business Wire)
“Bob has an unmatched reputation and we’re thrilled that he is joining our team full-time to evolve our corporate strategy and support the wealth needs of our diverse client base,” said Michael Tiedemann, CEO of Tiedemann Advisors. “We’re looking forward to having Bob bring his extensive global network across finance, politics, and policy to the firm’s decision-making process, guiding clients to achieve maximum return and sustainability in a volatile global environment.”
Throughout his career, Ambassador Hormats developed a remarkable international investment prowess, as well as experience and expertise, across trade policy, intellectual property protection, protection of trade secrets, international environmental issues and global energy. As a member of the external Investment Advisory Committee for Tiedemann Advisors and its Zurich-based partner, Tiedemann Constantia, he was able to leverage his expertise and network to shape both firms’ investment strategy. In his new role, Mr. Hormats will continue to serve as an invaluable leader across Tiedemann’s investment and wealth management teams, serving as a senior counselor for the firm’s growing client-base with his extensive knowledge of cross-border assets and markets as well as helping to drive the firm’s corporate strategy and business development efforts.
“Since joining Tiedemann’s Investment Advisory Committee five years ago, I’ve been impressed with the firm’s holistic approach to wealth planning and have been able to see firsthand the firm’s ability to creatively meet client needs and find opportunities through highly thoughtful approaches to investment management as well as pursue strategies to take into account changing global circumstances,” said Hormats. “I’m looking forward to joining this skilled team and playing a significant role and supporting our clients’ needs and identifying rewarding opportunities for client portfolios.”
Mr. Hormats, with more than 50 years of experience as an international policy and business leader, has served five U.S. presidential administrations, including as Deputy U.S. Trade Representative with the rank of Ambassador, and Senior Economic advisor to Dr. Henry Kissinger, General Brent Scowcroft and Dr. Zbigniew Brzezinski on the National Security Council staff in the White House. His most recent government position was with Secretary Clinton as Under Secretary of State for Economic Growth, Energy, and the Environment from 2009 through 2013. In between his time in government, Mr. Hormats spent 25 years at Goldman Sachs, rising to the level of Vice Chairman, Goldman Sachs (International); he acted as the firm’s lead spokesman on the economic and financial outlook for the global economy. Most recently, Mr. Hormats worked as vice chairman of Kissinger Associates, a New York-based strategic international consulting firm.
About Tiedemann Advisors
Tiedemann Advisors is an independent investment and wealth advisor for high-net-worth individuals, families, trusts, foundations and endowments. Founded in 1999, Tiedemann has nine offices across the U.S. and provides trust services through Tiedemann Trust Company, a state-chartered trust company located in Wilmington, Delaware. Together, Tiedemann oversees approximately $22 billion in assets under advisement with over $2.8 billion in impact investments1. For more information go to www.tiedemannadvisors.com.
1Assets under advisement and impact asset numbers are as of 12/31/2019
View source version on businesswire.com: https://www.businesswire.com/news/home/20200309005051/en/