MOORS & CABOT EXPANDS NATIONAL FOOTPRINT WITH ADDITION OF $650M COKER & PALMER TEAM
Boston-based Moors & Cabot, a wealth management firm established in 1890, has expanded its national presence with the addition of the Coker & Palmer Team, which manages $650 million in assets under management. This move extends the firm's reach into Louisiana and Mississippi.
The partnership with Coker & Palmer aligns with Moors & Cabot's mission to create and sustain a world-class platform that delivers high-quality service to financial professionals and clients in a supportive working environment. The integration of the Coker & Palmer team is seen as a step towards enhancing Moors & Cabot's capabilities in helping clients achieve their financial objectives.
Culture is central to Moors & Cabot's operations, and the decision to collaborate with Coker & Palmer was influenced by shared values. Mark Garrett, Executive Chairman of Moors & Cabot, emphasized the importance of face-to-face interactions in building trust and confirmed strong cultural alignment between the two firms. He expressed enthusiasm about the future of Moors & Cabot following this collaboration.
David Coker, Founder & President of Coker & Palmer, shared his excitement about the partnership, highlighting the shared commitment to prioritizing client interests. He noted the extensive knowledge and resources offered by Moors & Cabot and expressed confidence that the partnership would be mutually beneficial.
To ensure a smooth transition, Moors & Cabot has deployed a specialized team of back office professionals to manage the integration process, allowing the Coker & Palmer team to maintain their focus on client needs. Clients can expect a continued personalized, client-centric approach, now enhanced by the additional resources and stability of a firm with over 136 years of experience.
Moors & Cabot operates as a full-service investment firm, offering a wide range of financial products and services including investment management and equity trading. The firm has a long history of advising individuals, families, businesses, and institutions on building and managing wealth.