Palisades Hudson Financial Group is expanding to the West Coast this month, naming Paul Jacobs as its new chief investment officer, among a raft of other hires and promotions at the Scarsdale, NY-based firm, president and founder Larry Elkin has announced.
Jacobs, who has spent a decade with Palisades, takes over as CIO from Jonathan Bergman, who left the firm this month. The firm said Jacobs will remain as manager of the firm's Atlanta, GA, office.
“Our approach to managing investments is not going to change,” Jacobs said. "The challenging part is to make the investment component of a client's financial life mesh seamlessly with everything else - family goals, income taxes, estate planning and retirement needs, among other things."
Anna Pfaehler succeeds Jacobs as the firm's chief compliance officer. She is a client service manager in the Scarsdale office.