Wealth manager, independent · Fort Lauderdale, FL
Palisades Hudson Asset Management, L.P.
SEC-registered investment adviser · CRD 109134 · SEC 801-55677
At a glance
Palisades Hudson Asset Management, L.P. is an SEC-registered investment adviser based in Fort Lauderdale, Florida, with $1.8B in regulatory assets under management as of its Form ADV filed March 18, 2026. It reports 138 individual clients, 96 of them high-net-worth, holding an average of about $8.8 million each, and 14 employees. That ranks it 603rd among the nation’s 5,657 independent wealth management RIAs and 34th of 343 in Florida. It reports 3 custodians for its clients’ separately managed accounts: Charles Schwab, Goldman Sachs and Fidelity.
Main office 954-524-5552palisadeshudson.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.8B
- Rank among independent wealth managers
- #603 of 5,657
- Rank among all SEC RIAs
- #3,819 of 17,210
- Rank in Florida
- #34 of 343
- Individual clients
- 138
- High-net-worth clients
- 96
- Accounts
- 171
- Discretionary
- 42% of AUM
- Employees
- 14
- Advisory staff
- 14
- Offices
- 6
Owners and executives on its Form ADV
- Larry M. ElkinPresident of General Partner
- Paul B. JacobsManaging Vice President
- Eric A. MeermannSenior Vice President
- David P. WaltersSenior Vice President
- Benjamin C. SullivanChief Investment Officer/vice President
- Lesley A. OberstadtChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Palisades Hudson Asset Management, L.P. reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 96 | $1.2B | 65% |
| Corporations or other businesses | 10 | $613M | 33% |
| Individuals | 42 | $18M | <1% |
| Pooled investment vehicles | 3 | $6M | <1% |
Private funds
Palisades Hudson Asset Management, L.P. reports 3 private funds with $9M in gross assets: private equity funds (Form ADV Item 7.B).
Disciplinary disclosures
Palisades Hudson Asset Management, L.P. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗palisadeshudson.com ↗
AtlasMembers
The full record on Palisades Hudson Asset Management, L.P.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 2,140 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Florida
All of Florida →| Firm | Regulatory AUM | Clients |
|---|---|---|
| 3edge Asset Management, LPNaples | $2.0B | 1,489 |
| Bulltick Wealth Management, LLCMiami | $1.9B | 280 |
| Fourthought Financial Partners, LLC.Venice | $1.9B | 970 |
| A&m Private Wealth Partners, LLCWest Palm Beach | $1.8B | 34 |
| Slatestone Wealth LLCJupiter | $1.8B | 558 |
| ARS Wealth AdvisorsSt. Petersburg | $1.6B | 1,044 |
Background
Questions
How much does Palisades Hudson Asset Management, L.P. manage?
Palisades Hudson Asset Management, L.P. reports $1.8B in regulatory assets under management across 171 accounts, 42% of it on a discretionary basis, on its Form ADV filed March 18, 2026.
How many clients does Palisades Hudson Asset Management, L.P. have?
It reports 138 individual clients: 96 high-net-worth individuals and 42 other individuals. Individuals account for about 66% of its regulatory assets.
Where is Palisades Hudson Asset Management, L.P. headquartered?
Its main office is in Fort Lauderdale, Florida. It reports 6 offices in total and 14 employees, 14 of whom perform investment advisory functions.
How does Palisades Hudson Asset Management, L.P. charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Palisades Hudson Asset Management, L.P. use?
It reports 3 custodians for its clients’ separately managed accounts: Charles Schwab, Goldman Sachs and Fidelity. On Schedule D of its Form ADV filed March 18, 2026, it reports these amounts held: Charles Schwab ($644M); Goldman Sachs ($429M); Fidelity ($340M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Palisades Hudson Asset Management, L.P. a hybrid RIA with a broker-dealer?
Palisades Hudson Asset Management, L.P. reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Palisades Hudson Asset Management, L.P. a fiduciary?
As an SEC-registered investment adviser, Palisades Hudson Asset Management, L.P. owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Palisades Hudson Asset Management, L.P.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-18), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →