# Klingman & Associates

Klingman & Associates is a Multi Family Office based in New York, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2007
- **Assets under management:** ~$4.8B (Altss estimate)
- **Website:** klingmanria.com
- **LinkedIn:** https://www.linkedin.com/company/klingman-and-associates-llc

## Regulatory record

- **CRD number:** 125618
- **SEC file number:** 801-67783
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/125618

## About

Klingman & Associates was founded by Gerard Klingman, a Princeton alumnus who has appeared on Barron's Top 100 Independent Advisors list multiple years and ranked as the #2 High Net Worth Advisor in New York City by Forbes in 2024. The firm operates from New York, serving a client base dominated by law firm partners, senior executives, technology entrepreneurs, and professional athletes. The investment approach stacks a fund-of-funds architecture over a traditional multi-family office chassis. Rather than direct operating-company deals, K&A selects third-party managers across private equity, private credit, hedge funds, real estate, and public-market portfolios. Confirmed sector tilts include FinTech, LegalTech, Consumer Tech, and Enterprise Software. The geographic footprint centers on North America. The asset-class mix is layered on top of foundational services: tax planning, estate planning, cash management, and philanthropic structuring. Beyond Gerard Klingman, the leadership team includes COO Michael Paley — previously with Focus Financial Partners — and the next generation through son Thomas Klingman, a Wealth Advisor, alongside Principal Daniel Delmoro. The firm's advisory bench receives industry recognition, with Forbes naming it a Top RIA Firm in 2025. Philanthropic coordination extends to organizations such as Best Buddies International, Guiding Eyes for the Blind, Make-A-Wish Foundation, and The Headstrong Project. Klingman & Associates differentiates by refusing to separate asset management from the full scope of a family's financial life. The firm bundles investment selection with bill pay, life coaching, and generational planning under one fee structure — a service breadth uncommon among advisor teams of its scale and one that creates deep operational stickiness with the estates it retains across decades.

## Sectors

- FinTech
- LegalTech
- Consumer Tech
- Enterprise Software

## People

- Gerard Klingman — Founder and President
- Michael Paley — Chief Operating Officer
- Thomas Klingman — Wealth Advisor
- Daniel Delmoro — Wealth Advisor and Principal

## Questions

### Does Klingman & Associates make direct investments or operate through funds?

The firm operates predominantly as a fund-of-funds allocator. Its investment types include private equity, private credit, hedge funds, and real estate — all accessed through third-party managers. There is no public evidence of direct co-investment or SPV-level participation, setting it apart from family offices that blend fund commitments with direct deals.

### What is the firm's relationship with Focus Financial Partners?

Klingman & Associates is not a Focus Financial partner firm. The connection is through COO Michael Paley, who previously worked at Focus Financial Partners before joining K&A. The firm operates independently and has not disclosed any external institutional ownership.

### How does Klingman & Associates source its clients?

Client acquisition flows through professional networks rather than mass-market channels. Gerard Klingman's Princeton alumni ties and status on the Barron's and Forbes advisor rankings generate inbound interest from law firm partners, senior executives, and technology entrepreneurs. The firm does not advertise a digital or event-based origination funnel, relying instead on reputation within New York professional circles.

## Related profiles

- [KITHAN Grundstücks- und Handels](https://altss.com/profile/kithan-grundstucks-und-handels)
- [Krückeberg Family Office](https://altss.com/profile/kruckeberg-family-office)

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Last updated: 2026-07-06T00:35:16.903Z

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