News Summary
Kaufman Rossin CPA + Advisors has opened a new office in Palm Beach Gardens, Florida, covering 5,200 square feet and ready to expand its financial services. The firm aims to meet the growing demand in the area, particularly catering to high-income clients and businesses. With future growth plans and support for the local job market, this expansion signifies a positive impact on the community and region’s economy.
Exciting Growth for Palm Beach Gardens as Kaufman Rossin Opens New Office
Palm Beach Gardens is buzzing with excitement as one of Florida’s largest independent accounting and advisory firms, Kaufman Rossin CPA + Advisors, has officially opened the doors to its brand new office! Located in the North Tower of DiVosta Towers at 3835 PGA Blvd, this spacious office covers a whopping 5,200 square feet and is sure to have a big impact on the local community.
A Strategic Move to Meet Demand
This marks Kaufman Rossin’s second location in Palm Beach County, a significant milestone considering the rapid growth of the area. The new office is just about 40 miles north of their already established Boca Raton office located at One Town Center. With this new branch, Kaufman Rossin aims to expand its reach and cater to the increasing demand for financial and advisory services across the region.
In recent years, there has been a notable rise in high-income migration to Palm Beach County, particularly during and following the pandemic. This trend shows no signs of slowing down, and Kaufman Rossin is keen on capturing clientele from key areas like Jupiter, Palm Beach Gardens, Palm Beach, and West Palm Beach. As these regions continue to grow and flourish, the demand for professional financial services follows suit.
Supporting the Community
The new office is designed to facilitate the needs of approximately 35 to 45 team members initially, all set up on the fourth floor of the building. It’s not just about the clients though; this office will also serve newly hired employees as well as those coming from regions as far north as Stuart and Vero Beach. This expansion is not only an exciting development for Kaufman Rossin but also a boon for the local job market.
What Services Will Be Offered?
Now, you may be wondering what exactly Kaufman Rossin has to offer from this new office. Well, they’ve got an impressive range of services lined up, including but not limited to tax consulting, transaction advisory, accounting, and assurance work. Moreover, the office will provide specialized services aimed at ultra-high-net-worth families, private equity firms, and hedge funds, ensuring that both individuals and businesses can find the advice and assistance they need.
Future Plans and Expansion
In addition to its vibrant services, Kaufman Rossin has an eye on future growth. The firm has secured rights of refusal for additional spaces exceeding 7,500 square feet within DiVosta Towers, as well as an upcoming mixed-use building on PGA Boulevard developed by Gatsby Enterprises. With plans to eventually grow the team to around 40 to 50 people at the Palm Beach Gardens location, it sounds like they might have to juggle some serious growth challenges in the near future!
Rental Space Insights
For those curious about the business side of things, leasing broker Cushman & Wakefield offers insight into rental rates at the building. Currently, the rates stand at an impressive $55 per square foot. Such numbers indicate that while the firm is making a significant investment, they are also banking on the dynamic nature of the Palm Beach Gardens economy to support their operations.
Conclusion
With Kaufman Rossin CPA + Advisors now planted firmly in Palm Beach Gardens, it promises to usher in a new era of financial services tailored to meet the needs of this growing community. Everyone—whether residents, local businesses, or prospective clients—stands to benefit from this exciting development, making Palm Beach Gardens an even more attractive destination to live and work!
Deeper Dive: News & Info About This Topic
- Kaufman Rossin Profile – Boca Raton Observer
- Best Businesses & Professionals in Palm Beach County – Palm Beach Post
- James Kaufman Obituary – Legacy
- Securing Future Dinner Event – Boca Raton Tribune
- Encyclopedia Britannica: Financial Services
