The PALISADES HUDSON ASSET MANAGEMENT, L.P. is a privately held investment adviser that advises $1.67Bn in regulatory assets under management held in 1 SEC fund types across 1 investment strategies. PALISADES HUDSON ASSET MANAGEMENT, L.P. is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 29.6% over the last 5-years.
The Group has been registered with the SEC for 27.61 years and is comprised of 1 filing and 0 relying advisers. They operate out of 6 office locations with their Headquarters at 200 SW FIRST AVENUE SUITE 800, FORT LAUDERDALE, FL. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 16 employees comprised of 16 investment and 0 non-investment staff. The total number of Employees remained the same over the last few years.
Their $1.67Bn in assets advised are owned by 3 private funds, 0 public funds and BDCs and 10 other accounts. Assets of High Net Worth Individuals clients own $1.06Bn or 63.6% of Total Assets and Corporations or Other Businesses own $537.98mn or 32.21% of Total Assets.
The Group's top investment strategies include Traditional LBO, representing 100% of total assets, respectively.
They advise 4 types of clients, top clients are High Net Worth Individuals and Corporations or Other Businesses.
The Group uses 0 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 3 private funds with $9.85mn in assets.
The Group discloses fixed fees and management fees.
PALISADES HUDSON ASSET MANAGEMENT, L.P. names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a MEDIUM risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In PALISADES HUDSON ASSET MANAGEMENT, L.P.'s case, they have 10 business conditions that require high process maturity and 0 Watch Factors.