People Moves

International Multi-Family Office Pushes Further Into Dallas Market

Editorial Staff December 15, 2023

International Multi-Family Office Pushes Further Into Dallas Market

The organization, built out of a merger completed more than a year ago, is tapping into the Dallas, Texas market – one that has been building momentum for some time.

Transatlantic multi-family office AlTi has appointed senior wealth industry figure Richard Joyner as a senior advisor to its wealth business in Dallas.

Joyner brings more than three decades of experience to the job. Previously, he spent more than 20 years at Tolleson Wealth Management, where he was responsible for leading the strategy of its private wealth management group. He has also served in financial advisory roles at Ernst & Young, PwC and KPMG, and is an alumnus of Wake Forest University where he studied accounting.

In other roles, Joyner is an advisory board member of the UHNW Institute, a nonprofit educating advisors and families with which Family Wealth Report is an exclusive media partner.

AlTi Tiedemann Global – to give its full name – was born out of the merger earlier this year of US-based Tiedemann Group and London’s Alvarium. The deal, which involved two MFOs, was one of the largest combinations of such organizations in many years. Unlike registered investment advisors, where M&A has been busy, the market for MFO mergers and acquisitions has been relatively quiet. In the middle of May, the business bought Singapore’s AL Wealth Partners.

In other moves this year, AlTi appointed Murray Stoltz as managing director, senior relationship manager. Prior to this, Stoltz was principal and senior wealth advisor at Bessemer Trust.

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