Financial Group in Fort Lauderdale, FL
Palisades Hudson Financial Group LLC was founded by our president, Larry M. Elkin, in 1992 in order to emphasize objectivity, transparency, and personalization in the financial advisory industry. We offer our clients a variety of services, including asset allocation and investment management, personal financial planning, financial management services, and sophisticated tax planning and return preparation.
At Palisades Hudson, our loyalty lies with our clients. We offer objective, comprehensive advice and customized solutions that cater directly to their financial goals. Our compensation comes exclusively from our clients, and is based on a fair and transparent fee schedule prepared in advance.
Our personalized attention and complete transparency allow us to build lasting relationships with our clients and their families. Meanwhile, our knowledgeable and accessible staff and our access to institutional-quality investment managers enable us to deliver the results our clients deserve.
We strive to provide impartial information and advice that promotes our clients’ financial security, the well-being of their loved ones, the satisfaction of their legal obligations, and the achievement of their philanthropic goals.
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Creative Juice, LLC
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the project
Tax Accounting & Prep for Creative Marketing Agency
“Palisades Hudson has a very hands-on approach to customer service and they went above and beyond my expectations.”
the reviewer
the review
A Clutch analyst personally interviewed this client over the phone. Below is an edited transcript.
Introduce your business and what you do there.
I’m the owner of Creative Juice. We’re a branding, marketing, and web design agency.
What challenge were you trying to address with Palisades Hudson?
I hired them to handle all of my annual tax returns and overall tax planning. Also, we were formerly doing our bookkeeping in-house and wanted to outsource instead.
What was the scope of their involvement?
Palisades Hudson does my tax planning and files my tax returns every year. They make sure I’m doing whatever I need in order to receive relevant tax credits. Their team also handles my monthly bookkeeping. If we receive any IRS or Georgia Department of Labor notices, they resolve those issues and ensure everything is good to go.
What is the team composition?
I only have one point of contact. He specifically does our taxes, and I only communicate with him. I know he hands off work to different members of his company, like our bookkeeping.
How did you come to work with Palisades Hudson?
I met my point of contact at a networking event. My company knew we needed to use professional services for our accounting efforts.
How much have you invested with them?
I spend around $15,000 a year on everything.
What is the status of this engagement?
Our ongoing partnership began in August 2016.
What evidence can you share that demonstrates the impact of the engagement?
Palisades Hudson has a very hands-on approach to customer service and they went above and beyond my expectations. My point of contact provides a lot of consulting that he doesn’t charge us for. Basically, he handles anything that an in-house CFO would.
Whenever I receive an IRS or state notice, I can email or call him and he’ll take care of it. What’s more, he thoroughly explains tax information to me. A lot of it goes over my head because I’m not a finance person. However, if I ever want to know anything, he goes above and beyond to explain it.
How did Palisades Hudson perform from a project management standpoint?
Despite being a large firm, they’re pretty easy to get in contact with when necessary and are organized with our files and documents.
What did you find most impressive about them?
Because we’re a small business, they took this into consideration and give us discounts on their services. We can’t really afford them. However, they saw the potential of my company and were willing to slash their prices in half so we could work with them and build a relationship.
Are there any areas they could improve?
No, I don’t have any complaints.
Palisades Hudson goes above and beyond the partner's expectations to deliver high-quality work. They're thorough in their work ethic and accommodating in providing cost-beneficial discounts. They provide hands-on customer service, taking the time to patiently explain technical tax information.