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"[People] don’t expect retirement to begin with social security and sit on the back deck in a lounge chair for the rest of their lives. This group really wants to remain active."

Jeff Cimini, head of personal retirement at Merrill Lynch

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Hall Capital Partners, a San Francisco-based SEC-registered investment advisor, is moving to bigger offices in New York City.

Hall Capital first opened a New York office 10 years ago and has just signed a nine-year lease for an office that is nearly double the size of its previous office. The firm will be based at 850 Third Avenue, where it has leased the nineteenth floor, covering about 14,000 square feet.

"When we first moved into 597 Fifth Avenue, we had seven employees; over the past four and a half years, we've steadily strengthened our New York footprint by reinvesting in the firm and adding to our team of professionals, which has since grown to 18 employees," said Simon Krinsky, managing director in New York.

Nationally, the firm employs 121 people and manages around $23 billion for families, endowments and foundations. It was founded in 1994 by Kathryn Hall, chief executive and chief investment officer.

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