Private client advisory — by appointment
TD Wealth Management

About us

Independent by design.

We own no products, distribute no one else’s, and take no commission from anybody except the clients we work for. It is a simple structure, and it removes most of the reasons an adviser might tell you something other than what they believe.

Our story

Founded because the incentives were wrong

TD Wealth Management began in 2013 with a small group of advisers who had spent their careers inside larger institutions and had grown tired of a familiar pattern: good advice competing with a sales target, and losing.

The remedy was structural rather than cultural. If a firm holds no products of its own and accepts no payment from product providers, there is nothing for advice to compete with. Everything else we do follows from that single decision.

Thirteen years on we look after roughly $4.2 billion for more than four hundred client families, foundations and trusts, from offices in Lagos, Abuja and Accra. We have deliberately stayed small enough that the person who takes your first meeting is still the person who takes your call in year ten.

Colonnade of arches representing an established institution

How we work

Five commitments we can be held to

These are not values on a wall. Each one is a thing you can check, and a thing you can leave us over if we fail it.

We are paid by you, and only by you

No retrocessions, trail commissions or placement fees. Where a rebate cannot be avoided, it is credited to your account rather than kept by us.

We never hold your assets

Your portfolio sits at an independent regulated custodian in your own name. They report to you directly as well as to us, so our numbers can always be checked against theirs.

We show the whole cost

Our fee, underlying fund charges, custody, dealing and spread — totalled in one figure, once a year, whether or not you ask.

We put the reasoning in writing

Every strategy and every significant change is recorded with the argument behind it, so nobody has to reconstruct a decision from memory years later.

We say no

To mandates we cannot serve well, to products we do not understand, and to clients whose objectives we think are unachievable. Turning work away is the clearest evidence that advice is independent.

And one thing we cannot promise

Returns. Nobody can, and any firm that implies otherwise is telling you something about itself rather than about markets.

Fees

What it costs, before you ask

Published rather than negotiated in a back room. Tiered, so the marginal rate falls as the portfolio grows.

Indicative annual management fees by portfolio size
Assets under managementTD ManageTD Advise
First $1m1.10%0.85%
$1m – $5m0.95%0.75%
$5m – $20m0.85%0.65%
Above $20mBy agreementBy agreement
Planning-only engagementFixed fee from $3,500, quoted before we start

Indicative rates shown for illustration. Fees are charged quarterly in arrears on the market value of assets under management. Custody, dealing and underlying fund charges are levied separately by your custodian and by fund providers; we report them to you in full. Your own fee schedule is confirmed in writing before any engagement begins.

Orbital motif representing the Women and Wealth programme

Women & wealth

A programme built around a different set of facts

Women in our client base tend to live longer, are more likely to take career breaks, and are more likely to end up managing the family’s wealth alone at some point. Those are planning facts, not a marketing angle, and they change what a sensible strategy looks like.

  • Longevity-weighted retirement modelling, run to age one hundred as standard
  • Planning around career breaks and their compounding effect on retirement capital
  • Joint-to-sole transition planning, prepared in advance rather than in a crisis
  • Quarterly workshops on investing, structures and negotiation — open to clients and their daughters
Ask about the programme

Our people

Who you will actually be dealing with

Twenty-six people, of whom nineteen are client-facing. You will be introduced to your adviser at the first meeting, not allocated one afterwards.

Tunde Dike

Founder & Chief Executive

Twenty-two years in private banking across Lagos and London before founding the firm in 2013. Chairs the investment committee.

Adaeze Okonkwo

Chief Investment Officer

Previously a multi-asset portfolio manager. Responsible for strategic allocation and the quarterly House View.

Nnamdi Kalu

Head of Wealth Planning

Leads retirement, succession and cross-border planning, and coordinates with clients’ tax and legal advisers.

Tomiwa Coker

Head of Private Markets

Manager selection and due diligence across private equity, private credit and real assets.

Ifeoma Bassey

Senior Client Adviser

Advises entrepreneurial families through business sales and the years immediately after them.

Michael Soyinka

Head of Risk & Compliance

Independent oversight of mandates, suitability and conflicts, reporting directly to the board.

Offices

Where to find us

Lagos — head office

14 Kingsway Tower
51 Glover Road, Ikoyi
Lagos 106104, Nigeria
+234 1 460 2200

Abuja

3rd Floor, Muktar El-Yakub Place
Plot 1129 Zakariya Maimalari Street
Central Business District, Abuja
+234 9 291 1800

Accra

Atlantic Tower, Airport City
Liberation Road
Accra, Ghana
+233 30 274 0900

General enquiries

advisory@tdwealthm.com
Monday to Friday
08:00–18:00 WAT

Isometric blocks representing our offices

Careers

We hire slowly

We add advisers only when existing clients would otherwise start to feel it, which means openings are infrequent and the bar is high. We look for people who are technically strong, comfortable saying “I don’t know”, and genuinely interested in the problems clients bring rather than the products that might be sold against them.

If that sounds like you, write to careers@tdwealthm.com with a note about what you would want to do here. We read everything and reply to everyone.

Get in touch

Come and test us

Ask us the hardest question about your finances. If we cannot give you a straight answer, you have learnt something useful at no cost.