Wealth Management Firm Moves Headquarters to Fort Lauderdale

11/1/16

Larry M. Elkin, CPA, CFP

Palisades Hudson Financial Group Will Relocate Headquarters to Fort Lauderdale Office in January; Firm Offers Affluent Floridians Sophisticated Financial Advice

Palisades Hudson Financial Group, a fee-only wealth management and financial planning firm, which manages $1.2 billion of client assets, will relocate its headquarters to Fort Lauderdale in January. It has had a branch office in the city since 2005.

It’s a major move for Palisades Hudson, which has been based in Scarsdale, New York, since 2002. Palisades Hudson’s senior management, including President Larry M. Elkin, who founded the company in 1992, will be based in Fort Lauderdale at the AutoNation Building (200 S.W. First Avenue).

Its investment management affiliate, Palisades Hudson Asset Management, L.P., has been based in Fort Lauderdale since 2014. In January, the firm also will move its Northeast office from Scarsdale to Stamford, Connecticut.

“Downtown Fort Lauderdale offers an ideal environment in which to grow our firm,” Elkin said. “It will get even better next year when Brightline train service puts our headquarters just 30 minutes from downtown Miami and West Palm Beach, too. For a firm like ours that has a major international financial planning practice and a growing presence in entertainment and sports, there really is no better place to call home than South Florida.”

Recognized as a top independent wealth manager nationally, the firm serves clients in more than 25 states and several countries. Services range from tax-return preparation and household financial management to investment management to operating real estate and energy investment companies. Other offices are in Atlanta, Georgia; Austin, Texas; and Portland, Oregon.

Its key professionals are all CPAs or Certified Financial Planner (CFP®) certificants or both. They are regularly quoted in national and regional media such as The Wall Street Journal, City & Shore, The New York Times, Money, U.S. News & World Report, Kiplinger’s, MarketWatch and USA Today.

“Effective financial advice must consider all the issues confronting affluent people. Investment, tax, accounting, estate planning, insurance, business management, retirement and philanthropic considerations must be addressed together,” Elkin said.

“Fee-only” means that clients pay a fee for unbiased advice. The firm never accepts sales commissions.

More information about Palisades Hudson is available at www.palisadeshudson.com.

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