# Tiff Investment Management

> Tiff Investment Management is an SEC-registered investment advisory firm in Radnor, PA, registered since 2023, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 3, 2026.

- CRD: 327436
- Filed as: TIFF INVESTMENT MANAGEMENT
- Legal name: Tiff Advisory Services, LLC
- Also doing business as: TIFF INVESTMENT MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Radnor, PA
- Filing period: October 2026
- Form ADV filing dated: September 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/327436
- AdvisorCensus page: https://advisorcensus.com/firm/tiff-investment-management-radnor-pa-327436

## Quick answers

**How is Tiff Investment Management compensated?**
On its Form ADV (Item 5.E, October 2026), Tiff Investment Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Tiff Investment Management located?**
Tiff Investment Management's principal office is in Radnor, PA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Tiff Investment Management registered with the SEC or a state?**
Tiff Investment Management is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327436.

**How much does Tiff Investment Management manage?**
Tiff Investment Management reports $8,615,730,236 in regulatory assets under management in its Form ADV filing dated September 3, 2026 (96% discretionary).

**How have Tiff Investment Management's assets and staff changed since 2024?**
In the Form ADV data for Tiff Investment Management: Regulatory assets under management: $5,700,713,103 in the October 2024 data and $8,615,730,236 in the October 2026 data, up 51%. Total employees: 63 in October 2024 and 70 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Tiff Investment Management serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (38); charitable organizations (37); investment companies (1).

**Does Tiff Investment Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/327436

**What changed in Tiff Investment Management's recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $8,615,730,236
- Discretionary: $8,288,480,217
- Non-discretionary: $327,250,019

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 1 | $1,465,326,909 |
| Pooled investment vehicles (other than investment companies and business development companies) | 38 | $5,308,597,522 |
| Charitable organizations | 37 | $1,841,805,805 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2023 (2 years)
- Employees: 70 total, 17 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, LA, MA, NH, NY, PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Boston, MA

### Websites listed on Form ADV (Item 1.I)
- [tiff.org](https://tiff.org)
- [tipfunds.org](https://tipfunds.org)
- LinkedIn @tiff-investment-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $5,700,713,103 | 63 | September 4, 2024 |
| October 2025 | $6,666,871,287 | 66 | March 14, 2025 |
| October 2026 | $8,615,730,236 | 70 | September 3, 2026 |

Regulatory assets under management: $5,700,713,103 in the October 2024 data and $8,615,730,236 in the October 2026 data, up 51%.
Total employees: 63 in October 2024 and 70 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 16 to 17.
- Regulatory assets under management went from $6,666,871,287 to $8,615,730,236 (+29%).
- Registered or notice-filed in LA, NH, NY.

### February 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Tiff Investment Management (CRD 327436): Form ADV filing data as of October 2026.