Palisade Investments, LLC (Zephyr Cove)

Name: Palisade Investments, LLC
Address: 625 Highway 50, Zephyr Cove, NV, 89448 3049
Telephone: 775-299-4600

Palisade Investments, LLC is a large advisory firm based in Zephyr Cove. It manages $263.08 million of regulatory assets for 677 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, Nevada, Texas, and Washington.

Palisade Investments provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Palisade Investments: assets under management

The assets under management (AUM) of Palisade Investments, LLC is $263.08 million. The firm's AUM has grown by 73% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $18.67 million in discretionary accounts and $244.41 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $80.12 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $550.47 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 92% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Palisade Investments, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Palisade Investments serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Palisade Investments is pension and profit sharing plans with 72 clients and $194.86 million of assets under management. Among the 10 most similar advisory firms, Palisade Investments has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $263.08 million for 355 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Palisade Investments doesn't advise any private funds.

Careers at Palisade Investments, LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robin Desota	Chief compliance officer	1 Jun 1998	75% - 100%	2779694
Robin Desota	Managing member	1 Oct 2011	75% - 100%	2779694

Based in Zephyr Cove

The principal office where Palisade Investments, LLC performs its advisory services is located at 625 Highway 50, Zephyr Cove, NV 89448 3049 The mailing address of the firm is P.O. Box 3049, Stateline, NV 89449. An additional office of the firm is in Highlands Ranch, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 775-299-4600 or by fax 775-375-0178. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at palisadeinvestments.com.