Tandem Capital Management Corp (Woodcliff Lake)


Tandem Capital Management Corp is a large advisory firm based in Woodcliff Lake. It manages $128.57 million of regulatory assets for 188 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, New Jersey, New York, and Washington.

Tandem Capital Management Corp provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tandem Capital Management Corp: assets under management

The assets under management (AUM) of Tandem Capital Management Corp is $128.57 million. The firm's AUM has grown by 119% since the beginning of its operation, and $2.73 million of the total AUM is attributable to clients outside of the United States.

The firm manages $126.49 million in discretionary accounts and $2.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $687.47 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $518.61 thousand.

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 6% of the firm’s portfolio. Investments in investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tandem Capital Management Corp for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Kent G. Sheng serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Kent G. Sheng is high net worth individuals with 37 clients and $109.27 million of assets under management. Among the 10 most similar advisory firms, Tandem Capital Management Corp has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $128.57 million for 68 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Tandem Capital Management Corp doesn't advise any private funds.

Careers at Tandem Capital Management Corp

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Kent G. Sheng has been acting as President since 1 Mar 1991. Lauren Luan Wong joined the executive team most recently as the Managing Director/Cfa.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Sys Investors Corp. Corporation 1 Apr 1985 75% - 100% 22-2534617
Sys Investment Corp. Corporation 1 Apr 1985 75% - 100% 22-2534617
Kent G. Sheng President/chief investment officer/cfa 1 Mar 1991 Other 1433450
Lauren Luan Wong Executive vice president/cfa 1 Sep 2002 25% - 50% 1625123
Phualin Young Chief compliance officer 1 Feb 2004 Other 1009183
Lauren Luan Wong Managing director/cfa 1 Jan 2007 Other 1625123

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jean Fong Sheng President/treasurer 1 Apr 1985 50% - 75% 4364118
Kent G. Sheng Vp/secretary 1 Apr 1985 Other 1433450
Jean F. Sheng President 1 Apr 1985 50% - 75% 4364118
Kent G Sheng Secretary 1 Apr 1985 50% - 75% 1433450
Lauren Luan Wong Vice president 1 Dec 2001 25% - 50% 1625123

Based in Woodcliff Lake

The principal office where Tandem Capital Management Corp performs its advisory services is located at 50 Tice Boulevard, Woodcliff Lake, NJ 07677, 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 201-822-0028 or by fax 201-391-7866. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at tandemcapitalmgmt.com.