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Proficio Capital Partners Announces Expansion into South Florida


News provided by

Proficio Capital Partners

Sep 12, 2022, 10:00 ET

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Proficio Capital Partners
Proficio Capital Partners

Proficio Capital Partners' new South Florida office headed up by Richard Blond, who will be joining Proficio as Managing Partner and will add another veteran presence to the investment committee.

BOSTON, Sept. 12, 2022 /PRNewswire-PRWeb/ -- Proficio Capital Partners, a multi-family office servicing as a high touch manager of both liquid and illiquid assets, is pleased to announce that it will be expanding its operations with a new office in South Florida. The office will be headed up by Richard Blond who will be joining Proficio as Managing Partner and will add another veteran presence to the investment committee.

Richard joins Proficio following a 30-year distinguished career on Wall Street at the premier firms of Kidder, Peabody & Co., Donaldson, Lufkin & Jenrette and Credit Suisse. After spending several years in corporate finance and M&A, Richard went on to spend over 25 years working in the capital markets servicing the largest and most respected money managers in North America. Richard's expertise lies in capital market fundamentals, investment products, economic cycles, and micro/macro risk factors. He has become a trusted advisor to some of the smartest investors in the world and dedicated his career to helping them generate alpha in complex markets over multiple cycles.

“South Florida has become one the most exciting and fast-growing economic areas in the world. Given the migration trends from higher taxed US jurisdictions and Latin America, we believe these trends should persist for many years,” said Matthew Wosk, Proficio Co-Founder and Chief Executive Officer.

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"South Florida has become one the most exciting and fast-growing economic areas in the world. Given the migration trends from higher taxed US jurisdictions and Latin America, we believe these trends should persist for many years to come," said Matthew Wosk, Proficio Co-Founder and Chief Executive Officer. "Many of our client families already have a presence in South Florida or will be there in the near future. We are very excited to offer this regional presence to better service them with the closer proximity ensuring more frequent interaction and a better understanding of their needs. Our clients will also benefit from having experienced advisors like Richard and his team, who excel in high touch client service."

"Southern Florida is rapidly emerging as a global financial center as many of the elite financial services firms are beginning to create a stronghold in the area, and it also serves as the financial gateway to Latin America," said Bob Haber, Proficio Co-Founder and Chief Investment Officer. "We are seeing a migration by many ultra-high-net worth families from the Northeast to relocate where they can take advantage of the lifestyle and the absence of state income tax. The lower tax environment and the business-friendly mindset in the state is also making it more attractive for our families to relocate their businesses there. We continue to grow our client base among families who, like us, are focused on growing wealth in the most tax efficient way possible."

About Proficio Capital Partners
Proficio Capital Partners is a multi-family office located just outside Boston, Massachusetts and South Florida. Founded over six years ago by Bob Haber (CIO; previously at Fidelity) and Matthew Wosk (CEO; previously at Credit Suisse and Goldman Sachs), Proficio serves as a high-touch manager of both liquid and illiquid financial assets operating with high transparency to families, trustees, and administrators. The firm follows a service delivery model holding themselves as an objective provider of advice that places the interests of their clients first with a focus on wealth preservation and after-tax, after-fee, risk adjusted returns. Proficio Capital Partners has also been consistently named to the Financial Times 300 Top Registered Investment Advisers. For more information go to: http://www.proficiocap.com.

Media Contact

Donna Cox-Davies, Proficio Capital Partners, 1 201-519-6875, [email protected]

SOURCE Proficio Capital Partners

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