By Liz Witbeck
Halliday Financial, an independent wealth management firm based on Long Island, is expanding into Clifton Park. It will become the company’s fourth office. Other offices are in Glen Head, L.I.; Albany, and Sarasota, Fla.
The company recently closed on the deal and officials hope to be moved in to the new location at 4 Executive Drive by December.
The company has seen much success in recent years. This year alone, it hired eight new financial advisors.
Scott Solomon, president and chief operations officer at Halliday Financial, said the Albany office at 14 Corporate Woods Boulevard has outgrown itself.
“We want to bring our operations team and our wealth management team to the new location,” he said. “We really enjoy this area. It’s a great area, a great community and we got a great little firm here.”
The Executive Drive space has 9,600 square feet. It comes with 50 parking spaces to accommodate staff and clients. Closing price was approximately $800,000, said Solomon.
He said there will be modest renovations done to the building. It is currently constructed for two tenants. Renovations will be completed so Halliday Financial can occupy the entire building.