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November 20, 2023

GYL expands in New Jersey

PHOTO | COSTAR GYL Financial Synergies nearly doubled the size of its office space when it moves to a newly-renovated 9,000-square-foot space in the Lexicon building in West Hartford’s Blue Back Square.

West Hartford-based GYL Financial Synergies is doubling its footprint in New Jersey by expanding its office in the state, the company announced.

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

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

The new 6,000-square-foot office at 4 Campus Drive, Parsippany, New Jersey, will include two client conference rooms, 10 offices and additional collaboration and workspace for staff. There's also room for the firm to hire more employees, the company says.

The company has been steadily growing in the Northeast in recent years, especially 2023. In January, GYL announced it had acquired New York City-based Financial Partners Capital Management. In April, the company acquired Pennsylvania-based Hotaling Investment Management.

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