The TAG ASSOCIATES GROUP is a privately held investment adviser that advises $7.37Bn in regulatory assets under management held in 3 SEC fund types across 1 investment strategies. TAG ASSOCIATES GROUP is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets decreased by 11.79% over the last 5-years.
The Group has been registered with the SEC for 24.1 years and is comprised of 2 filing and 0 relying advisers. They operate out of 3 office locations with their Headquarters at 810 SEVENTH AVENUE 7TH FLOOR, NEW YORK, NY. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 72 employees comprised of 25 investment and 47 non-investment staff. The total number of Employees increased by 7.46% over the last 5-years.
Their $7.37Bn in assets advised are owned by 10 private funds, 0 public funds and BDCs and 0 other accounts. Assets of High Net Worth Individuals clients own $6.96Bn or 94.56% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $391.81mn or 5.32% of Total Assets.
The Group's top investment strategies include Fund of Funds, representing 100% of total assets, respectively.
They advise 2 types of clients, top clients are High Net Worth Individuals and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 3 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 3 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees, management fees and performance-based fees.
TAG ASSOCIATES GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a MEDIUM risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In TAG ASSOCIATES GROUP's case, they have 14 business conditions that require high process maturity and 0 Watch Factors.