Tamalpais Asset Management
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$262,510,224
This total excludes 3 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Total clients
261
28% high-net worth
Total advisors
4
of 4 employees
Firm size
Team
4-10 advisors or $500M+ in AUM
Average clients per advisor
65
Average account size
$1,005,786
About
Tamalpais Asset Management manages approximately $262.5 million for about 261 client relationships and provides ongoing portfolio management and financial planning to individuals, trusts, endowments, qualified retirement plan sponsors, and business entities. The firm’s client base is concentrated among high‑net‑worth households and accredited investors, and the brochure indicates it does not serve non‑HNW individual clients.
The firm builds a written Investment Policy Statement for each client and typically favors passive core exposures—primarily DFA mutual funds and ETFs—while applying modern portfolio theory alongside fundamental, cyclical and quantitative analysis. TAM also implements a range of other strategies when suitable, including options, margin transactions, and allocations to liquid and illiquid alternatives (private placements and limited partnerships) for accredited investors, generally operating with discretionary trading authority.
Notable distinctions include that a firm representative maintains a broker‑dealer registration and may offer commissionable products, a relationship the brochure discloses and documents as a potential conflict of interest. The firm also requires clients to use specified custodians (Schwab Institutional and/or Interactive Brokers), may receive related research or soft‑dollar benefits, and routinely incorporates private placements and derivatives/leverage strategies—features that are less common among similarly sized team advisory firms.
Client services
Financial planning
Portfolio management
Expertise
Private / alternative investments
Options & derivatives strategies
Passive / index investing
Fee options
$0 - $2,000,000: 1.00% $2,000,001 - $5,000,000: 0.75% $5,000,001+: 0.50%
Michael Bristow, a principal, is licensed to accept commissions for sale of investment products to clients; commissions are not primary source of compensation and advisory fees are not reduced to offset commissions.
Main office location
Tamalpais Asset Management
900 Larkspur Landing Circle, Suite 100
Larkspur CA 94939, United States
Number of offices
2
Most active in
Tamalpais Asset Management has reported serving >5 clients in these states in the last 12 months.
California · New York · Texas · Washington
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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