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Hedge Fund Managers Flocking To Miami Creates Massive Private School Wait Lists

Hedge Fund Managers Flocking To Miami Creates Massive Private School Wait Lists

Wealthy CEOs and hedge-fund managers are flocking to Miami for the tax breaks, and it’s creating massive waiting lists at the area’s elite private schools

Katie Warren
CLICK HERE FOR ORIGINAL SOURCE-– BUSINESS INSIDER BY KATIE WARREN

“Tax refugees” moving to Florida from New York, New Jersey, California, and other states are prompting huge waiting lists at elite Miami private schools. Getty Images

Wealthy CEOs and hedge-fund managers from high-tax states like New York, New Jersey, and California are flocking to Miami for the tax breaks.
The influx of affluent out-of-state buyers is creating huge waiting lists at the area’s most elite private schools.
One school said the number […] Read more

We Are Thrilled To Announce Billionaire Investors For April 10th!!

We Are Thrilled To Announce Billionaire Investors For April 10th!!

We are thrilled to announce the addition of billionaire investors Jeff Greene and Nathan Leight to the investor speaker list for our first annual Palm Beach Global Finance Forum on April 10th !!!

 

#645 Jeff Greene

REAL TIME NET WORTH
$3.4B
as of 3/6/19

Jeff Greene became a billionaire by buying credit default swaps on subprime mortgage-backed bonds as housing crashed.
Most of his fortune is now held in equities and other investments plus real estate in Los Angeles and Palm Beach.
Greene spent over $30 million in the summer of 2018 trying unsuccessfully to win the Democratic primary for governor.
Greene traveled the country selling circus tickets […] Read more

A Valuable Evening With UBS Private Wealth & FLSV

A Valuable Evening With UBS Private Wealth & FLSV

On February 13th, The Palm Beach Hedge Fund Association hosted an educational evening with UBS & Frankel Loughran Starr & Vallone LLP.

UBS’s Private Wealth Management Team of CJ Van Hoek, Nathalie Tremblay & Amato Zarro led the discussion with a focus on UBS’s Premier Hedge Fund Program.  The program emphasizes how hedge fund managers & employees can create liquidity by borrowing against their LP interests.

 

Keeping with the timely, actionable information; the team of Mary Elizabeth Tarter,  Alan Frankel, Hyejin Tak & Gregg Martorella of FLSV provided deep insight into the latest tax cuts and job act.  It was fascinating learning […] Read more

Palm Beach Hedgees Slam Democrats Tax Plan

Palm Beach Hedgees Slam Democrats Tax Plan

 
 
 
 
 
By

Amanda L Gordon

February 4, 2019, 12:08 PM EST   From BLOOMBERG

The party at the Norton Museum of Art Saturday night had all the trappings of the Palm Beach high season – those Stubbs & Wootton slippers, some fabulous gowns, and, with President Trump ensconced at Mar-a-Lago, a healthy disregard for the tax plans being floated by a wide field of potential Democrat candidates in 2020.

Ken Griffin and Wilbur Ross

Photographer: Amanda Gordon/Bloomberg

“They’re going to eat themselves alive,” Commerce Secretary Wilbur Ross said.

“Those plans are so antithetical for what’s good for growth in our country, they’ll go nowhere,” Citadel founder Ken Griffin said. Improving public K-12 education […] Read more

Welcome the Van Hoek/Tremblay Team of UBS Private Wealth Management !!

Welcome the Van Hoek/Tremblay Team of UBS Private Wealth Management !!

We are proud to announce a strategic partnership with the Van Hoek/Tremblay Team of UBS Private Wealth Management.

PR.com  
January 26, 2019 

West Palm Beach, FL, January 26, 2019 –(PR.com)– The Palm Beach Hedge Fund Association (PBHFA) is thrilled to announce new members and sponsors, Cornelis Johannes “CJ” Van Hoek and Nathalie Tremblay from the Van Hoek/Tremblay team of UBS Private Wealth Management in West Palm Beach.

The Van Hoek/Tremblay team has a unique focus on providing wealth management and tailormade lending solutions to highly-sophisticated hedge fund managers.

“Our team provides bespoke solutions for the complex issues that can arise for Hedge Fund and Private […] Read more

South Florida Mansion Sales Surge !

South Florida Mansion Sales Surge !

 

As a testament to our wonderful region, this fantastic article by  Prashant Gopal and Jonathan Levin from Bloomberg, documents how wealth is continuing to move into Palm Beach County and South Florida.  As a sideline,   Dave Goodboy, PBHFA’s founder is mentioned.

 

For the past year, Florida real estate agents have been actively courting wealthy Northeasterners who took a hit from the Trump administration’s tax overhaul. Now signs are emerging that some of those disgruntled taxpayers are indeed jumping at the chance to cut their tax bill by moving to Florida.

Luxury sales are slowing across the country, from New York to California, but they’re rising in […] Read more

Convergence Investment Partners Relocates To Palm Beach !!

Convergence Investment Partners Relocates To Palm Beach !!

The Business Development Board  (BDB) is pleased to announce Convergence Investment Partners is relocating from Grafton, Wisconsin to the city of Palm Beach Gardens.  The company has leased 2,400 square feet of space at 3801 PGA Boulevard for their new headquarters, where they plan to employ 10 professionals.  The BDB has been facilitating this relocation since 2016.  Christopher Smith and Jason Sundook of NAI Merin Hunter Codman, represented Convergence while Tara England and Mark Pateman of Cushman & Wakefield represented the owners of 3801 PGA Blvd.

“As an investment manager, there were several key attributes which led us to choosing Palm Beach County […] Read more

Palm Beach’s HIghest Property Taxes

Palm Beach’s HIghest Property Taxes

33480 has  51 residential properties paying over $500,000 annually in property taxes.  This article from The Real Deal outlines who pays what and where.

 

Who pays the most property taxes in Palm Beach?

Citadel founder Ken Griffin is No. 1. His nearly $250 million assemblage in the South Ocean Boulevard corridor generated $3.66 million in property taxes this year.

That’s according to an analysis of new tax rolls in Palm Beach by the Palm Beach Daily News. Griffin’s estate includes 1290 South Ocean Boulevard (also known as 1265 South Ocean Boulevard), 70 Blossom Way, and 1285 South Ocean Boulevad

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A record number of 51 Palm […] Read more