Levitt Capital Opens 1st New York Office as 117,462 Americans Live in France
Updated
Updated · InvestmentNews · Aug 24
Levitt Capital Opens 1st New York Office as 117,462 Americans Live in France
1 articles · Updated · InvestmentNews · Aug 24
Summary
Rockefeller Center will house Levitt Capital Management’s first New York office, giving the France-based wealth manager a U.S. base to meet current and prospective clients.
Levitt is targeting Americans who move to Europe, saying U.S.-designed portfolios, wealth structures and succession plans often fail once clients relocate across the Atlantic.
AARO estimated 117,462 Americans lived in France in 2023, while the U.K. had 325,321 and Germany 238,652, underscoring the size of the expatriate market Levitt serves.
Transatlantic wealth expansion has accelerated: Moneta opened a U.K. office last month, and Corient said in June its European acquisitions helped lift global assets above $500 billion.