The Finance Market in Palm Beach County: Insights for Conference and Meeting Planners
In recent years, Palm Beach County’s financial sector has boomed thanks to dozens of financial firms and finance industry giants that decided to open new offices in or relocate to “Wall Street of The South.” Palm Beach County’s financial sector currently creates approximately 35,600 jobs with average salaries of $89,000.
Over 300 hedge funds, private equity, and financial service firms
18,497 companies
250,022 people employed
42 billionaire households
71,000 millionaire households
39 years old is the average age in West Palm Beach (and it’s getting younger)
Noteworthy Manufacturing Companies
Virtu Financial: leading financial service firm located in Palm Beach Gardens
NewDay USA: a Fintech company and one of the nation’s leading VA mortgage lenders with offices in downtown West Palm Beach
Elliott Management: an investment management firm headquartered in West Palm Beach
Affiliated Manager Group: A global asset management company with headquarters in West Palm Beach
AUA Private Equity Partners: an operationally focused, lower middle-market private equity firm headquartered in West Palm Beach
Blue Sea Capital: a private equity firm in West Palm Beach specializing in growth-oriented lower middle market companies with a special focus on a few sectors: aerospace & defense, healthcare and industrial growth
Forbes Family Trust: a multi-family office in West Palm Beach providing thoughtful investment management and family office services to preserve and grow wealth
Goldman Sachs Company: a leading global investment banking, securities, and investment management firm with a location in West Palm Beach
Hamilton Capital: a fee-only, independent wealth and investment management firm with a location in Palm Beach
Wealthspire: an independent registered investment advisory firm serving clients from 18 offices, including one in Palm Beach Gardens
Palm Beach International Airport (PBI) offers over 200 daily flight arrivals and departures from 13 airlines: Air Canada, Allegiant Airlines, American Airlines, Avelo Airlines, Bahamasair, Breeze Airways, Delta Air Lines, Frontier Airlines, JetBlue Airways, Southwest Airlines, Spirit Airlines, Sun Country Airlines, and United Airlines. The Palm Beaches are served by two other major South Florida airports: Fort Lauderdale-Hollywood International Airport (FLL) and Miami International Airport (MIA). The Palm Beaches’ southernmost cities, such as Boynton Beach, Delray Beach, and Boca Raton, are only about 30 minutes from FLL and within an hour of MIA.
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