Palisades Hudson Financial Group is expanding to the West Coast this month, naming Paul Jacobs as its new chief investment officer, among a raft of other hires and promotions at the Scarsdale, NY-based firm, president and founder Larry Elkin has announced.

Jacobs, who has spent a decade with Palisades, takes over as CIO from Jonathan Bergman, who left the firm this month. The firm said Jacobs will remain as manager of the firm's Atlanta, GA, office.

“Our approach to managing investments is not going to change,” Jacobs said. "The challenging part is to make the investment component of a client's financial life mesh seamlessly with everything else - family goals, income taxes, estate planning and retirement needs, among other things."

Anna Pfaehler succeeds Jacobs as the firm's chief compliance officer. She is a client service manager in the Scarsdale office.

Meanwhile, another 10-year Palisades veteran, David Walters, will establish the firm’s West Coast presence with his relocation to metropolitan Portland, OR, on Aug 21.

Additionally, Ben Sullivan, a client service manager based in Scarsdale, will join the firm's investment committee, whose five members currently oversee more than $1.1 billion in client assets under management.

Finally, Linda Elkin, Palisades’ director of marketing and human resources, who previously oversaw Bergman’s marketing efforts, will assume direct responsibility for marketing.

The firm’s new hires include Laurie Samay, a client service associate in Scarsdale; Anna Hilbert, a financial planning assistant in Fort Lauderdale, FL, and Ashley Dandridge, a financial planning assistant in Scarsdale.