The new office opened April 1, Elizabeth Bartlett, chief business development of Pinnacle Holding Company, LLC, said in an email response to a BJNN inquiry.
Pinnacle, an investment advisor and broker dealer, is headquartered at 507 Plum St. in Syracuse’s Franklin Square area. Founded in 1995, Pinnacle Investments manages investment and brokerage accounts for individuals and institutions.
Pinnacle Investments is among six companies for which Pinnacle Holding Co. is the parent company, per Bartlett’s email response.
The firm hired two financial advisors for the Boca Raton office, which brings the current employee count for all companies under Pinnacle Holding Co. to 92, per Bartlett.
“While we already have a presence in Florida, the opening of our new Boca Raton office reflects the importance of the Florida market to our national expansion plan,” Ryan York, CEO of Pinnacle Investments, said in a company news release.
Besides the new Boca Raton office, Pinnacle also has an office in Estero, Florida.
Pinnacle also operates locations in Fayetteville, Auburn, Rochester, Williamsville, and Albany, along with Mansfield, Massachusetts and Philadelphia, Pennsylvania.
Contact Reinhardt at ereinhardt@cnybj.com