Palisade Capital Management LLC is a large advisory firm based in Fort Lee. It manages $3.23 billion of regulatory assets for 656 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Palisade Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and portfolio management for wrap account programs. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Palisade Capital Management LLC is $3.23 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 37% since the beginning of its operation, and $534.63 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Palisade Capital Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jack Feiler is pension and profit sharing plans with 13 clients and $1.03 billion of assets under management. Among the 10 most similar advisory firms, Palisade Capital Management has the 3rd highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $2.92 billion for 654 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Palisade Capital Management also advises several private funds. Namely, nine hedge funds. The minimum investment commitment required of non-related persons ranges from $5,000 to $5,000,000.
The company employs 43 people that are either part- or full-time employees. 42 percent of the employees work as investment advisers or researchers. 16 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Jack Feiler has been acting as President since 1 Apr 1995. Phyllis Ruth Berman joined the executive team most recently as the Executor.
The principal office where Palisade Capital Management LLC performs its advisory services is located at 1 Bridge Plaza North, Fort Lee, NJ 07024 7102, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (201) 585-7733 or by fax (201) 585-7552. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at palisadecapital.com.