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Sherman Wealth Management
Sherman Wealth Management is a New York-based RIA multi-family office founded by Matthew Sherman in 2003, managing roughly $250M-$500M.
Sherman Wealth Management
Matthew Sherman founded Sherman Wealth Management in 2003, building a registered investment advisory practice that serves ultra-high-net-worth families from its New York City base. The firm's wealth-origin context is not publicly disclosed. The firm's strategy centers on customized financial planning and direct investment management across public equities, fixed income, private credit, and real assets. Sherman Wealth typically structures client portfolios through separate accounts and direct co-investments, avoiding a single house fund. Geographic focus is primarily domestic United States with select international exposures. The firm operates as a multi-family office with a dozen or so professionals serving a concentrated client base. No philanthropic foundation, operating company, or club memberships are publicly documented. Recent activity not captured in public sources — data limitation reflects the firm's private nature. Sherman Wealth's structural differentiator lies in its pure RIA architecture: it offers truly independent advice without proprietary products or captive custodians, which is an increasingly rare posture as wealth managers aggregate under larger institutions.
General information
Firm type
Multi Family Office
Year founded
2003
AUM
$250M - $500M (Altss estimate)
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Matthew Sherman
President and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Sherman Wealth Management?
Matthew Sherman, the firm's President and CEO, leads investment decisions. He founded the firm in 2003 and continues to oversee portfolio construction and client strategy. No deputy CIO or separate investment committee is publicly named.
How does Sherman Wealth Management structure its investment approach?
The firm uses a customized advisory model — each client receives a bespoke portfolio allocation rather than a pooled fund. Sherman Wealth builds separate accounts across public equity, fixed income, private credit, and real assets, allowing tax and liquidity tailoring per family.
Is Sherman Wealth Management a single-family or multi-family office?
Sherman Wealth Management operates as a multi-family office under an RIA structure. It serves multiple ultra-high-net-worth families, distinguishing it from single-family offices that manage one dynasty's capital.
What is Sherman Wealth's posture on direct investments vs. fund commitments?
The firm prefers direct investments via separate accounts for its clients, avoiding pooled fund-of-funds structures. This allows Sherman to customize liquidity, sector allocation, and tax treatment per family, though fund usage is possible for illiquid strategies.
What investment stages does Sherman Wealth typically target?
The firm focuses on liquid and semi-liquid asset classes — public equities and fixed income are core. Private allocations, where present, skew toward late-stage private credit and real assets rather than early-stage venture or growth equity.
Which sectors does Sherman Wealth explicitly avoid?
Public records do not document sector avoidance. The firm's focus on customized planning suggests it avoids concentrated industry bets, instead maintaining diversified portfolios.
Where does the underlying wealth come from for Sherman Wealth clients?
The origin of client wealth is not disclosed by the firm. As an RIA serving multiple families, the source varies by client — likely including entrepreneurial exits, inheritance, professional services, and real estate.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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