AlTi Tiedemann Global Acquires Envoi

AlTi Global, Inc., a leading global wealth manager with assets exceeding $70 billion, has acquired Envoi, LLC, a family office that oversees approximately $3.0 billion in assets. This acquisition, which is AlTi’s second major investment following recent funding, supports the company's expansion strategy in the U.S., including key personnel additions in Dallas. AlTi aims to establish itself as the foremost global independent wealth management platform, specializing in alternative investments.

The specific financial details of the deal, expected to finalize in the third quarter, were not revealed.

Envoi, headquartered in Minneapolis and founded in 2006 by three Piper Jaffray alumni—Brenda Sallstrom, Jim Sand, and Ryan Steensland. The company serves a high net worth clientele, managing all of their assets on a discretionary basis.

To view the press release, click here.