EDM Management

What EDM Management does

EDM Management is a privately held multi-family office headquartered at 485 Madison Avenue in New York City. Founded in the mid-2010s by Charles 'Charlie' Whitmore—a former commercial real estate attorney at Dewey & Leboeuf with three decades of experience advising high-net-worth families—the firm provides integrated wealth management services to successful families navigating significant intergenerational wealth. Its core offering is organized around three coordinated service pillars: Investment Management (strategic asset allocation, due diligence, risk management, and bespoke portfolio construction with particular depth in real estate, media, and alternative investments), Wealth Planning and Coordination (estate and trust planning, tax optimization, advisor coordination, and liquidity management), and Family Culture and Philanthropy (family governance, succession planning, next-generation education, and strategic philanthropic advisory).

The firm's business model is a classic multi-family office structure, generating revenue through asset-based management fees, retainer arrangements, and potentially performance fees on investment management. Pricing is bespoke and not publicly disclosed, typical of the family office industry. The go-to-market motion is entirely relationship-driven: client acquisition occurs through personal referrals, professional networks, and direct inquiries via the firm's website, with long consultative sales cycles appropriate for HNW and UHNW families. The firm does not disclose AUM, headcount, or revenue. Notably, founder Charles Whitmore passed away unexpectedly in 2023, and the firm continues to operate under his established philosophy, though the current leadership structure and succession governance are not publicly detailed.

There is no proprietary technology platform underlying EDM Management's services. The firm does not maintain a mobile app, API, or integrated digital advisory tool. Its service delivery is built on human advisory expertise, personal relationships, and coordination with external legal and accounting professionals. Marketing channels are understated and discretion-focused, relying on a professional website and word-of-mouth referrals rather than demand-generation campaigns.

Name

EDM Management

Legal name

EDM Management

Website

https://edmmanagement.com

Company type

Private

Founded year

2015

Operating status

Operating

Short description

EDM Management is a privately held, New York-based multi-family office serving high-net-worth and ultra-high-net-worth families with integrated investment management, wealth planning, and family culture and philanthropy services. Founded in the mid-2010s by Charles Whitmore, the firm operates via bespoke, relationship-driven advisory engagements.

Ownership category

akta.pro rank

Product category

Multi-Family Office Services

NAICS

Portfolio Management and Investment Advice (523940), Trusts, Estates, and Agency Accounts (52592)

SIC

Investment Advice (6282)

akta.pro primary industry

Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)

akta.pro secondary industry

Family Office Advisory (Single/Multi-Family) (FSAEAAAI)

Keywords

• Multi-family office
• Wealth management services
• Estate planning advisory
• Investment management services
• Philanthropic advisory

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Family Office Advisory and Wealth Management Fees: As a multi-family office, EDM Management likely generates revenue through AUM-based management fees, retainer arrangements, and possibly performance fees for investment management services. The firm provides comprehensive services including investment management, wealth planning, estate planning, tax strategy, and philanthropic advisory, which are typically billed through flat fees, percentage of assets under management, or hourly billing for specific advisory engagements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

EDM Management is a New York-based multi-family office that delivers integrated wealth management, investment management, estate and tax planning, and family governance/philanthropy advisory services to high-net-worth and ultra-high-net-worth families. The firm operates three coordinated service pillars—Investment Management, Wealth Planning & Coordination, and Family Culture & Philanthropy—designed to preserve and grow family wealth across generations in alignment with each family's values and vision.

Product overview

EDM Management offers an integrated suite of three coordinated service pillars as a multi-family office. The core offerings include Investment Management (featuring Strategic Asset Allocation, Rigorous Due Diligence, Proactive Risk Management, and Bespoke Portfolio Construction), Wealth Planning & Coordination (encompassing Estate & Trust Planning, Tax Optimization Strategy, Advisor Coordination, and Liquidity & Cash Flow Management), and Family Culture & Philanthropy (including Family Governance, Succession Planning, Next-Generation Education, and Strategic Philanthropic Advisory). These three services are designed to work in harmony to manage, preserve, and grow family wealth in alignment with each family's unique vision.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Management

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• Altman FoundationminorStrategic or Co-development PartnerEDM Management provides representative philanthropic recommendations to clients based on their unique charitable goals. Altman Foundation is dedicated to enriching the quality of life in New York City through support for programs and institutions that advance opportunity and equity. This is a philanthropic advisory recommendation rather than a formal partnership.
• Helmsley Charitable TrustminorStrategic or Co-development PartnerEDM Management recommends Helmsley Charitable Trust as a representative philanthropic organization matching the caliber of institutions they suggest to clients. The trust supports a wide range of causes including health, medical research, and conservation efforts in the U.S. and around the world.
• The ArtsConnection, Inc.minorStrategic or Co-development PartnerEDM Management includes The ArtsConnection as a representative philanthropic recommendation. The organization is committed to making the arts an essential part of every child's education within the New York City public school system.
• City Parks FoundationminorStrategic or Co-development PartnerCity Parks Foundation is listed as a representative philanthropic recommendation by EDM Management. The foundation supports New York City's public green spaces, working to sustain, improve, and program parks throughout the city.

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Rockefeller Capital Management: Rockefeller Capital Management is a large diversified wealth management and multi-family office platform serving ultra-high-net-worth families. It offers broader capabilities than EDM but competes for the same UHNW client segment.
• Brown Brothers Harriman: Brown Brothers Harriman operates one of the longest-standing private bank and multi-family office franchises in the U.S., offering investment management, trust, and family office services. It is a larger, broad-incumbent competitor in EDM Management's addressable market.
• Mariner Wealth Advisors: Mariner Wealth Advisors is a large national wealth advisory firm offering investment management, family office, and financial planning services to HNW families. It competes in the broader multi-family-office category where EDM operates.
• GenSpring Family Offices: GenSpring Family Offices is a J.P. Morgan-owned multi-family office platform serving high-net-worth families with investment advisory and family governance services. It is a larger, institutionally-backed incumbent competitor to EDM Management.

Direct peers

• Bessemer Trust: Bessemer Trust is one of the largest U.S. multi-family offices serving high-net-worth and ultra-high-net-worth families with investment management, wealth planning, and family office services — directly comparable to EDM Management's three-pillar offering and HNW/UHNW target market.
• Glenmede: Glenmede is an independent multi-family office providing investment management, trust and estate services, and family office solutions to wealthy families — closely aligned with EDM Management's integrated service model and high-net-worth clientele.
• Pitcairn: Pitcairn is a multi-family office serving HNW families with investment management, trust services, and family governance advisory — closely comparable to EDM Management's integrated service pillars and family-office positioning.
• BBR Partners: BBR Partners is a New York-based multi-family office serving ultra-high-net-worth families with comprehensive investment advisory and family office services. As a fellow boutique NYC MFO, it is one of the closest direct comparables to EDM Management.
• Whittier Trust: Whittier Trust is a multi-family office offering investment management, trust administration, and family office services to high-net-worth families and individuals — comparable in service scope, target market, and integrated wealth-management approach to EDM Management.

Emerging players

• Crescendo Wealth Advisors (formerly known Crescendo): Crescendo Wealth Advisors is a growing multi-family office serving HNW families with integrated investment, tax, estate, and family governance services — closely aligned with EDM Management's three-pillar model and emerging as a comparable boutique platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EDM Management