STAMFORD, Conn. — Palisades Hudson Financial Group, a fee-only wealth management and financial planning firm, will be relocating its Northeast office from Scarsdale, N.Y., to Stamford in January.
The firm, which manages $1.2 billion of client assets, will be housed in a new office at First Stamford Place.
“Stamford has excellent office space, downtown amenities and a business environment as a suburban corporate hub, providing easy access for our clients in New York City and its northern suburbs,” said Larry M. Elkin, president. “After nearly a quarter century in Westchester County, we see that Stamford and Fairfield County offer a similarly affluent community where our tax and wealth planning skills are in great demand, without taking us far from the many friends and clients we have gained in Westchester."
First Stamford Place is located near I-95’s Exit 7, adjacent to the Stamford Transportation Center.
Founded in 1992, Palisades Hudson has been located in Scarsdale since 2002.
Besides moving to Stamford, the firm will designate its Fort Lauderdale, Fla., office as its new company headquarters. It has other offices in Atlanta, Ga.; Austin, Texas; and Portland, Ore.
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.
Its key professionals are all CPAs or Certified Financial Planner certificants or both.
“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 .