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Palm Beach County consistently remains among the nation’s leaders for business and financial services, providing a robust environment for success – from wealth management to banking and investment services; from investors to venture capital and corporate finance firms. Organizations requiring specialized business and financial expertise are drawn to Palm Beach County because of high industry concentration, proximity to peers, and even the location of competitors.
It's been estimated that 60 to 70 asset management firms, including hedge funds, have opened offices in Palm Beach County within the past four years. There's approximately 233 financial services firms incorporated just in West Palm Beach. The migration of Northeast asset managers, hedge fund managers and other financial professionals to West Palm Beach, Fla., has continued at a steady pace, according to Financial Advisor magazine. It's considered 'Wall Street of the South'. READ THE FULL ARTICLE >
Everyone is talking about it:
FACT: Bloomberg Ranked Palm Beach #3 on the list for richest zip codes in the country with an average income of $1.25M.
PALM BEACH COUNTY OFFERS THE PERFECT CLIMATE FOR HEDGE FUNDS AND PRIVATE EQUITY FIRMS:
Palm Beach County is home to the Flagler Financial District, South Florida’s premier urban corporate zone, exclusively dedicated to business and financial enterprise. Located in the City of West Palm Beach, the District offers a growing business and financial community with exceptional access to global wealth and international markets. West Palm Beach has been considered one of the top 25 cities to do business in America by Inc. Magazine.
Creating a new headquarters or a branch presence here impacts your image and brand with both clients and colleagues. Palm Beach County’s financial firms cater to corporations and affluent individuals, and support the growth of their national and international business enterprises. Investment and legal advice, tax planning, cash management, financing, insurance, customer support, banking and securities, and financial investment services are among the other readily available services.
Palm Beach County is filled with top-notch wealth management, corporate finance, accounting, legal, advertising, architecture and other professional service firms that benefit from one of the most favorable tax environments in the nation. In turn, they provide the expertise needed for other industries to succeed.
Palm Beach County firms cater to South Florida’s affluent corporations and individuals, and our diverse multilingual workforce allows these companies to serve regional, state, and global markets. Professional service companies here recruit top talent from the area’s many MBA programs.
In addition to relocation and expansion assistance, the Business Development Board provides year-round support to the business and financial services sector through educational and networking programs.
In Palm Beach County, we know that education is key to economic success. Visit pbcedu.org to learn more about the 116 private and faith-based schools and 185 public k-12 schools located in the county.
In the News:
WALL STREET JOURNAL: In Florida, Homeowners Come for the Weather and Stay for the Taxes >
FOX BUSINESS: Florida Pulls in Billions Amid High-Tax State Exodus >
SOUTH FLORIDA BUSINESS JOURNAL: Retired Wall Street Financier Buys Bristol Palm Beach Condo for $13M >
FLORIDA TREND MAGAZINE: Palm Beach County Benefits From 2017 Federal Tax Cut >
SOUTH FLORIDA BUSINESS JOURNAL: Wall Street of the South; Flood of New Companies Raises Region's Global Business Profile >
PALM BEACH POST: More Than 30 Palm Beachers on Forbes' Billionaires List >
FOX & FRIENDS: Firms Escape High Taxes, Flock to Palm Beach County >
FLORIDA DAILY: High Earners Fleeing High Tax States for Sunshine State >
LIBERTY HEADLINES: 70 Financial Firms Flee NYC for Palm Beach County in Three Years >
COASTAL STAR: Our New Neighbors; Refugee From High-Tax States >
SOUTH FLORIDA BUSINESS JOURNAL: Fast-Growing Wealth Advisory Firm to Hire Dozens in New West Palm Beach Office >
THE REAL DEAL: Fund Managers are Feelin' Florida >
SOUTH FLORIDA BUSINESS JOURNAL: Big Money; Palm Beach's Quest to Become Wall Street of South >
ESTATE & MANOR MAGAZINE: Hedge Funds to Hedge Rows - Hedge Funds Moving to Palm Beach? >
SOUTH FLORIDA BUSINESS WEALTH MAGAZINE: South Florida is Hedge Fund Heaven >
THE REAL DEAL: Hedge Funds Flock to Palm Beach and West Palm Beach >
Red Carpet Services Offered by the Business Development Board of Palm Beach County
The Business Development Board is your one-stop, countywide resource for information on relocating or expanding your business to or in Palm Beach County. Our free, confidential services include help with permitting, incentive funding assistance, workforce development, research services, and site selection, as well as project management and connections to public/private resources.
Whether you are new to Palm Beach County or already established here, the Business Development Board is uniquely positioned to help your business take full advantage and leverage all the resources available to you.
Want to chat with our financial services expert?
firstname.lastname@example.org | 561.835.1008