Tinicum Incorporated (New York)


Tinicum Incorporated is a large advisory firm based in New York. It manages $2.36 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, New York, and Texas.

Tinicum Incorporated provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tinicum Incorporated: assets under management

The assets under management (AUM) of Tinicum Incorporated is $2.36 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $262.32 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tinicum Incorporated for their services and products based on a percentage of assets under management. 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 Tinicum Incorporated serves?

The only and largest group of clients of Tinicum Incorporated is pooled investment vehicles with 9 clients and $2.36 billion of assets under management. Among the 12 most similar advisory firms, Tinicum Incorporated has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.36 billion for 9 clients. None of the firm’s clients are foreign persons or businesses.

Tinicum Incorporated also advises several private funds. Namely, four hedge funds and five private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Tinicum Incorporated

The company employs 27 people that are either part- or full-time employees. 74 percent of the employees work as investment advisers or researchers. No 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Eric Maximillian Ruttenberg Director, shareholder, president, chief operating officer and member of operating committee of registrant 1 Oct 1987 25% - 50% 6019853
Katherine T. Ruttenberg Shareholder of registrant 1 Oct 1987 25% - 50% 6021249
John Charles Ruttenberg Director and shareholder of registrant 1 Oct 1987 25% - 50% 6021353
Hattie Ruttenberg Director and shareholder of registrant 1 Jan 1989 25% - 50% 6021349
Eric Maximillian Ruttenberg Managing member of tinicum lantern l.l.c. 1 Dec 1998 Other 6019853
Seth Mordecai Hendon Member of tinicum lantern l.l.c. 1 Dec 1998 Other 6021227
Robert J. Kelly Member of tinicum lantern l.l.c. 1 Dec 1998 Other 6026262
Putnam Lee Crafts Member of tinicum lantern l.l.c. 1 Dec 1998 Other 6026265
Edward Richard Civello Member of tinicum lantern l.l.c. 1 Dec 1998 Other 6026268
John Francis Keane Member of tinicum lantern l.l.c. 1 Dec 1998 Other 6021356
Joseph Anthony Marino Member of tinicum lantern l.l.c. 1 Dec 1998 Other 6026281
Stephanie S Chen Trustees - the chen family trust 1 Feb 1999 Other 4197407
Seth Mordecai Hendon Corporate secretary of registrant 1 Apr 2000 Other 6021227
John Francis Keane Chief financial officer and member of operating committee of registrant 1 Apr 2000 Other 6021356
Eric Maximillian Ruttenberg Co-managing member of tinicum lantern ii l.l.c. 1 May 2004 Other 6019853
Terence Michael O'toole Co-managing member of tinicum lantern ii l.l.c. 1 May 2004 Other 1689947
Alfred Charles Zedlitz Member of tinicum lantern ii l.l.c. 1 May 2004 Other 2762328
Stephanie S Chen Member of tinicum lantern ii l.l.c. 1 May 2004 Other 4197407
John Francis Keane Member of tinicum lantern ii l.l.c. 1 May 2004 Other 6021356
Edward Richard Civello Member of tinicum lantern ii l.l.c. 1 May 2004 Other 6026268
Antonino Sciarrino Member of tinicum lantern ii l.l.c. 1 May 2004 Other 6029424
The Chen Family Trust Member of tinicum lantern ii llc 1 May 2004 Other xxx-xx-xxxx
Terence Michael O'toole Executive vice president and member of operating committee of registrant 1 Nov 2005 Other 1689947
Rodrigo Alejandro Cruz Member of tinicum lantern ii l.l.c. 1 Dec 2005 Other 6026306
Michael Derek Fantasia Member of tinicum lantern ii l.l.c. 1 Jun 2007 Other 4687013
Eric Maximillian Ruttenberg Co-managing member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 Other 6019853
The Derald H. Ruttenberg Marital Trust Member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 Other 13-7482941
Janet K. Ruttenberg Trustee of the derald h. ruttenberg marital trust, a member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 Other 6027604
John Charles Ruttenberg Trustee of the derald h. ruttenberg marital trust, a member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 25% - 50% 6021353
Katherine T. Ruttenberg Trustee of the derald h. ruttenberg marital trust, a member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 25% - 50% 6021249
Hattie Ruttenberg Trustee of the derald h. ruttenberg marital trust, a member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 Other 6021349
The Hattie Ruttenberg Descendants Trust Member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 Other 20-6044673
Jonathan T. Molot Trustee of the hattie ruttenberg descendants trust, a member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 Other 6027605
Edward Richard Civello Member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 Other 6026268
John Francis Keane Member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 Other 6021356
Terence Michael O'toole Co-managing member of tinicum lantern ii add-on l.l.c. 1 Jan 2010 Other 1689947
Joseph Anthony Marino Member of tinicum lantern iii l.l.c. 1 Feb 2012 25% - 50% 6026281
John Francis Keane Member of tinicum lantern iii l.l.c. 1 Feb 2012 25% - 50% 6021356
Edward Richard Civello Member of tinicum lantern iii l.l.c. 1 Feb 2012 25% - 50% 6026268
Terence Michael O'toole Co-managing member of tinicum lantern iii l.l.c. 1 Feb 2012 Other 1689947
Eric Maximillian Ruttenberg Co-managing member of tinicum lantern iii l.l.c. 1 Feb 2012 Other 6019853
Cynthia Alise Marian Chief compliance officer and deputy general counsel 1 Sep 2013 Other 4820766
Matthew Thomas Lombardi Chief compliance officer 1 Nov 2014 Other 4870653
Michael Davidson Chief financial officer 1 Jun 2015 Other 5315610

Based in New York

The principal office where Tinicum Incorporated performs its advisory services is located at 800 Third Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-446-9300 or by fax 212-750-9264. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at tinicum.com.