SOURCE: Palisades Hudson

Palisades Hudson

January 21, 2011 14:05 ET

Palisades Hudson, Scarsdale, Named One of Nation's 50 Largest Financial Planners; Manages Personal Investments and Retirement Plans

SCARSDALE, NY--(Marketwire - January 21, 2011) -  Palisades Hudson Asset Management LP was named to the list of the nation's largest 50 financial planners by InvestmentNews, an authoritative weekly trade newspaper. The list covers leading registered investment advisory firms that provide financial planning services to individual investors.

The firm had more than $1 billion of total client assets under management as of December 31, 2010. 

Palisades Hudson Asset Management has retained more than 94 percent of its clients over the last five years. In 2010, it began offering investment advisory services to small and mid-sized retirement plans.

"I think of us as financial planners who manage money, not as investment managers who do financial planning on the side," said Jonathan Bergman, CFP®, chief investment officer.

Founded in 1997, the firm invests in low-cost mutual funds, exchange traded funds, and alternative investments including private equity, hedge funds, natural resources and real estate. It uses an individualized asset-allocation strategy.

Palisades Hudson Asset Management (http://palisadeshudson.com/services/asset-allocation-and-investment-managment/) is the sister firm to Palisades Hudson Financial Group (www.palisadeshudson.com), which offers estate planning, insurance consulting, trust planning, cross-border planning, business valuation, family office and business management, executive financial planning, and tax services. The firm is based in Scarsdale, New York, with branch offices in Atlanta and Ft. Lauderdale. The firm publishes a daily blog at http://palisadeshudson.com/current-commentary.

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