It is one of the most beautiful compensations of life that no man can sincerely try to help another without helping himself.
It is doubtful those exact words, the construct of Ralph Waldo Emerson, were drifting through Mary Tiedemann’s mind during a fateful October 2005 lunch with her son, though the sentiments behind Emerson’s words were certainly present. So were notions that son Michael Tiedemann, CEO of Tiedemann Wealth Management, had been blessed with some enviable advantages in life. After all, Mary Tiedemann’s husband, Michael’s father, Carl Tiedemann was a partner at Donaldson, Lufkin & Jenrette, where he was president during the 1970s and helped take the firm public. He also founded Tiedemann Wealth Management, as well as a hedge fund in 1980 that is still operating today, 37 years later.