|By Marketwired .||
|July 11, 2014 11:07 AM EDT||
SCARSDALE, NY -- (Marketwired) -- 07/11/14 -- Palisades Hudson Asset Management L.P. was recently named to the inaugural Financial Times 300 Top Registered Investment Advisers list.
The international business newspaper chose America's top independent investment firms based on six factors: assets under management (AUM), AUM growth, years the firm has been in existence, industry certifications of staff, SEC compliance record, and online accessibility.
Palisades Hudson Asset Management L.P. is the investment affiliate of Palisades Hudson Financial Group LLC, a fee-only financial advisor based in Scarsdale, N.Y., and Fort Lauderdale, Fla. It has $1.3 billion in AUM under the direction of Paul Jacobs, CFP®, chief investment officer, and its investment committee. The firm develops and implements diversified asset allocation strategies to manage its clients' portfolios.
More than 2,000 qualified firms with at least $300 million in AUM were invited to apply for consideration.
"It's gratifying to be on a list that's based not just on size, but also on matters that are more important to clients: having a topnotch professional staff and robust online access," said Palisades Hudson president Larry Elkin, CPA, CFP®.
Palisades Hudson has additional offices in Atlanta and Portland, Ore.
The Financial Times is recognized internationally for its authority, integrity and accuracy. According to the publication, only independent, elite RIA practices were considered for the list.
Palisades Hudson (www.palisadeshudson.com) offers investment management, estate planning, insurance consulting, retirement planning, cross-border planning, business valuation and appraisal, family-office and business management, tax preparation, and executive financial planning. Read the firm's daily column on personal finance, economics and other topics at http://palisadeshudson.com/current-commentary. Twitter: @palisadeshudson.
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