Financial Company Expands Presence In Parsippany

PARSIPPANY, NJ — Connecticut-based GYL Financial Synergies is doubling its footprint in New Jersey by expanding its office right here in Parsippany, the company announced.

GYL Financial Synergies, an investment advice firm with offices in West Hartford, Westport, Pennsylvania, New Jersey, and New York, has signed a lease for its New Jersey operations, more than doubling the company's presence in the Garden State.

The new 6,000-square-foot office will be located at 4 Campus Drive in Parsippany and will have two client conference rooms, ten offices, and more collaboration and workspace for staff. According to the corporation, there is also room for the firm to hire more personnel.

“We’re thrilled to have so much more to offer to our highly valued Parsippany clients,” said Gerald Goldberg, CEO and co-founder of GYL Financial Synergies. “With additional room to grow, we’re planning to add new faces to our staff soon. And we’re excited to meet new clients to continue growing in our community.”

GYL advises high-net-worth individuals, families, institutions, foundations, and endowments on financial planning and investment management in 38 states.

In recent years, notably in 2023, the corporation has been steadily increasing in the Northeast.

In January, GYL announced the acquisition of Financial Partners Capital Management, based in New York City. In April, the company also acquired Pennsylvania-based Hotaling Investment Management.

As of March 31, GYL Financial Synergies, LLC was an independent-registered investment advising business with $5.7 billion in assets under management and $3.7 billion in assets under advisement.