Tess Gruenstein is not listed as a control person, but directly owns under 5% of Bailard. Tess Gruenstein holds a BA in Economics and Political Science from Beloit College and an MBA in Real Estate and Urban Land Economics from the University of Wisconsin-Madison.
Bailard is an investment adviser based in Foster City, CA, registered with the SEC since 1972. It provides financial planning and investment management. Its clients include high-net-worth individuals, sovereign wealth funds and foreign official institutions, and pooled investment vehicles. Its regulatory assets under management total $7.56 billion, as filed on 17 September 2026. Its fees, ownership and offices are on the firm’s profile.
Tess Gruenstein is Executive Vice President and Head of Portfolio Management, Real Estate of Bailard, Inc. As co-leader of the real estate platform she oversees portfolio management, fund operations and compliance across the real estate business, and she serves on Bailard's executive leadership team. She joined Bailard's real estate team in 2015 and was previously a Vice President at Allianz Real Estate in New York.
- CRD
- 8206107
- Firm
- Bailard · CRD 110550
- Role
- EVP Head of Portfolio Management - Real Estate, Co-CEO of Bailard Real Estate Investment Truts, Inc.
- In role since
- January 2026 · under a year
- Control person
- Not listed
- Direct ownership
- Under 5%
- Firm headquarters
- Foster City, CA
- Individual registration
- No current adviser record · SEC search
- Disciplinary history
- Not yet shown here · SEC record
- Firm bio
- bailard.com
Where does Tess Gruenstein work?
Tess Gruenstein has been EVP Head of Portfolio Management - Real Estate, Co-CEO of Bailard Real Estate Investment Truts, Inc. of Bailard, Inc. since January 2026.
How can I verify Tess Gruenstein’s record?
Tess Gruenstein’s role is listed on Bailard, Inc.’s Form ADV, which the SEC’s adviser search (adviserinfo.sec.gov) publishes under the firm’s CRD 110550.
Sonya MughalChief Executive Officer; Director of Bailard, Inc, BB&K Holdings, and Bailard General Partners I, Inc.
Michael FaustEVP; President, Wealth Management; Director, Bailard, Inc. (Since 05/2022)
Blaine TownsendExecutive Vice President, Director of Srii
Pavita FleischerChief Compliance Officer
James PinkertonEVP Head of Investments - Real Estate, Co-CEO of Bailard Real Estate Investment Truts, Inc.
David SmithChief Investment Officer- Fuju WuSenior VP, Finance and Operations of Bailard, Inc.; Treasurer of Bailard, Inc. and BB&K Holdings