Aging is inevitable, and for many, it signals the beginning of a new chapter - one where you cross off bucket list items and live life to the fullest, on your own terms. However, for some men, aging is a horrible prospect, filled with chronic fatigue, irritability, and inability to perform in the bedroom. If you're concerned about life in middle age and beyond, we've got great news: there are easy, proven steps that you can take to help stop the negative effect of aging.
Global Life Rejuvenation was founded to give men a new lease on life - one that includes less body fat, fewer mood swings, and more energy as you age. If you're ready to look and feel younger, it's time to consider TRT (testosterone replacement therapy), and growth hormone peptides. These therapies for men are effective, safe, and customized to fit your goals, so you can keep loving life as you get older.
TRT, and growth hormone peptide therapies bridge the gap between your old life and the more vibrant, happier version of you. With a simple click or call, you can be well on your way to a brighter future. After all, you deserve to be the one in charge of your wellness and health. Now, you have the tools to do so - backed by science and applied by our team of TRT and HRT experts with more than 13 years of experience.
For men, getting older comes with its perks, like living life on their own terms and not having to "sweat the small stuff" day in and day out. At the same time, there are aspects of aging that men dread, like hormonal changes. Yes, you read that right – men, not just women, go through hormonal changes as they age. For men, the biggest change involves a drop in testosterone.
Lower levels of testosterone can wreak havoc on a male's mind and body and when left untreated, can result in symptoms like:
Those symptoms are concerning, but with testosterone replacement therapy and anti-aging medicine, many males improve their quality of life with age. The good news is that TRT and anti-aging meds aren't only reserved for "old guys." In fact, there's no magic age at which men should start thinking about hormone replacement therapy. Everyone's body is different, so if you're experiencing the above conditions in your mid-30s, TRT could be a viable solution when you consult with a doctor.
Testosterone is a crucial hormone for men and plays an important role throughout the male lifespan. Most of a male's testosterone is produced through the testicles. Also called the male sex hormone, testosterone starts playing its part during puberty.
When a male goes through puberty, testosterone helps males develop:
As boys turn to men and men grow older, testosterone levels deplete naturally. Sometimes, events like injuries and chronic health conditions like diabetes can lower testosterone levels. Unfortunately, when a man loses too much T, it results in hypogonadism. When this happens, the testosterone must be replaced, or the male will suffer from symptoms like muscle loss, low libido, and even depression.
TRT is exactly what it sounds like: a treatment option for men that replaces testosterone so that your body regulates hormones properly and restores balance to your life. Also called androgen replacement therapy, TRT alleviates the symptoms that men experience with low T.
Originally lab-synthesized in 1935, testosterone has grown in popularity since it was produced. Today, TRT and other testosterone treatments are among the most popular prescriptions in the U.S.
Without getting too deep into the science, TRT works by giving your body the essential testosterone it needs to function correctly. As the primary androgen for both males and females, testosterone impacts many of the body's natural processes – especially those needed for overall health. For example, men with low T are more prone to serious problems like cardiovascular disease and even type-2 diabetes.
When your body quits making enough testosterone, it causes your health to suffer until a solution is presented. That's where TRT and anti-aging medicine for men can help. TRT helps balance your hormones and replenish your depleted testosterone. With time, your body will begin to heal, and many symptoms like low libido and irritability begin to diminish.
For men, aging is the biggest contributor to lower testosterone levels, though there are other causes like obesity, drug abuse, testicular injuries, and certain prescribed medications. Sometimes, long-term health conditions like AIDS, cirrhosis of the liver, and kidney disease can lower testosterone levels.
When a man's testosterone levels drop significantly, it alters his body's ratio of estrogen and testosterone. Lower testosterone levels cause more abdominal fat, which in turn results in increased aromatase, which converts even more testosterone into estrogen.
If you're concerned that you might have low T, you're not alone. Millions of men in the U.S. feel the same way. The best way to find out if your testosterone is low is to get your levels tested.
For sustainable testosterone replacement therapy benefits, you must consult with hormone doctors and experts like those you can find at Global Life Rejuvenation. That way, you can find the root cause of your hormone problems, and our team can craft a personalized HRT plan tailored to your needs.
Are you used to blasting through a productive day and accomplishing all your daily goals? Do you find yourself losing muscle mass and the craving to be intimate with your partner? Does your partner complain about how irritable you have become? If you're not usually a curmudgeon, your body could be giving you a sign. It could be time to speak with a doctor about TRT and anti-aging medicine for men in Palm Beach, FL.
If you're experiencing any of the following symptoms, you might be battling against low testosterone:
One of the most common reasons that men choose TRT is because they have lost that "spark" with their partner. It's not easy for a man to hear that they're not performing like they used to. Intimacy is a powerful part of any relationship. When a once-healthy sex life dwindles, it can cause serious relationship issues.
The good news is that low libido doesn't have to be a permanent problem. TRT and anti-aging medicines help revert hormone levels back into their normal range. When this happens, many men have a more enjoyable life full of intimacy and sex drive.
Weak erections – it's an uncomfortable subject for many men in the U.S. to talk about. It's even worse to experience first-hand. You're in the midst of an intimate moment, and you can't do your part. Despite being perfectly normal, many men put blame and shame upon themselves when they can't achieve an erection. And while the inability to perform sexually can be caused by poor diet, obesity, and chronic health conditions, low testosterone is often a contributing factor.
Fortunately, weak erections are a treatable condition. The best way to regain your confidence and ability in bed is to speak with your doctor. Once any underlying conditions are discovered, options like TRT may be the best course of treatment.
Hair Loss
Do you find it harder and harder to work out and lift weights in the gym? Are you having problems lifting heavy items that you once had no problem lifting?
Recent studies show that when men are inactive, they lose .5% of muscle strength every year, from ages 25 to 60. After 60, muscle loss doubles every decade. While some muscle loss is common as men age, a significant portion can be tied to low testosterone levels. When a man's T levels drop, so does his muscle mass.
Testosterone is a much-needed component used in gaining and retaining muscle mass. That's why many doctors prescribe TRT Palm Beach, FL, for men having problems with strength. One recent study found that men who increased their testosterone levels using TRT gained as much as 2.5 pounds of muscle mass.
Whether your gym performance is lacking, or you can't lift heavy items like you used to, don't blame it all on age. You could be suffering from hypogonadism.
If you're like millions of other men in their late 20s and 30s, dealing with hair loss is a reality you don't want to face. Closely related to testosterone decline and hormone imbalances, hair loss is distressing for many men. This common symptom is often related to a derivative of testosterone called DHT. Excess amounts of DHT cause hair follicles to halt their production, causing follicles to die.
Because hair located at the front and crown is more sensitive to DHT, it grows slower than other follicles and eventually stops growing permanently. Thankfully, TRT and anti-aging treatments for men in Palm Beach, FL, is now available to address hair loss for good.
While it's true that you can't change your genes, you can change the effects of low testosterone on your body. Whether you're suffering from thinning hair or hair loss across your entire head, TRT and other hormone therapies can stop hair loss and even reverse the process.
Also called "man boobs," gynecomastia is essentially the enlargement of male breast tissue. This increase in fatty tissue is often caused by hormonal imbalances and an increase in estrogen. For men, estrogen levels are elevated during andropause. Also called male menopause, andropause usually happens because of a lack of testosterone.
If you're a man between the ages of 40 and 55, and you're embarrassed by having large breasts, don't lose hope. TRT is a safe, effective way to eliminate the underlying cause of gynecomastia without invasive surgery. With a custom HRT and fitness program, you can bring your testosterone and estrogen levels back to normal before you know it.
Decreased energy was once considered a normal part of aging. Today, many doctors know better. Advances in technology and our understanding of testosterone show that low T and lack of energy often go hand-in-hand.
If you're struggling to enjoy activities like playing with your kids or hiking in a park due to lack of energy, it could be a sign of low T. Of course, getting tired is perfectly normal for any man. But if you're suffering from continual fatigue, a lack of enjoyment, or a decrease in energy, it might be time to speak with a doctor.
Whether you're having a tough time getting through your day or can't finish activities you used to love, TRT could help.
A study from 2011 showed that men who lose a week's worth of sleep can experience lowered testosterone levels – as much as 15%, according to experts. Additional research into the topic found almost 15% of workers only get five hours of sleep (or less) per night. These findings suggest that sleep loss negatively impacts T levels and wellbeing.
The bottom line is that men who have trouble sleeping often suffer from lower testosterone levels as a result. If you find yourself exhausted at the end of the day but toss and turn all night long, you might have low T.
TRT and anti-aging medicines can restore your T levels back to normal, which can help you sleep better with proper diet and exercise.
You're feeling down about everything, and there's no solid explanation for why you're in such a crummy mood. Your daily life is great and full of success, but you can't help but feel unexcited and unmotivated. If you're experiencing symptoms like these, you may be depressed – and it may stem from low testosterone.
A research study from Munich found that men with depression also commonly had low testosterone levels. This same study also found that depressed men had cortisol levels that were 67% higher than other men. Because higher cortisol levels lead to lower levels of testosterone, the chances of severe depression increase.
Depression is a very real disorder and should always be diagnosed and treated by your doctor. One treatment option gaining in popularity is TRT for depression. Studies show that when TRT is used to restore hormone levels, men enjoy a lighter, more improved mood. That's great news for men who are depressed and have not had success with other treatments like anti-depression medicines, which alter the brain's chemistry.
Ask anyone over the age of 50 how their memory is, and they'll tell you it wasn't what it used to be. Memory loss and lack of concentration occur naturally as we age – these aren't always signs of dementia or Alzheimer's.
However, what many men consider a symptom of age may be caused by low testosterone. A 2006 study found that males with low T levels performed poorly on cognitive skill tests. These results suggest that low testosterone may play a part in reducing cognitive ability. If you're having trouble staying on task or remembering what your schedule is for the day, it might not be due to your age. It might be because your testosterone levels are too low. If you're having trouble concentrating or remembering daily tasks, it could be time to talk to your doctor.
Why? The aforementioned study found that participating men experienced improved cognitive skills when using TRT.
Even though today's society is more inclusive of large people, few adults enjoy gaining weight as they age. Despite their best efforts, many men just can't shed the extra pounds around their midsections, increasing their risk of heart disease and cancer.
Often, male weight gain is caused by hormone imbalances that slow the metabolism and cause weight to pile on. This phase of life is called andropause and happens when there is a lack of testosterone in the body. Couple that with high cortisol levels, and you've got a recipe for flabby guts and double chins.
Fortunately, TRT treatments and physician-led weight loss programs can correct hormone imbalances and lead to healthy weight loss for men.
The benefits of hormone replacement therapy for men are numerous. TRT not only grants relief from low-T symptoms but can help give protection against age-related diseases. Additionally, doctors now recognize male testosterone as an important role in alleviating depression.
Some of the most exciting benefits of TRT can include:
Because men do not go through a specific period of hormonal changes like women do (called menopause), many doctors refer to "male menopause" as androgen decline. This is just another term for low testosterone, but like female menopause, the symptoms can be serious and affect your quality of life.
The best way to fight back against male menopause is with male HRT treatment from Global Life Rejuvenation. We provide the following HRT treatments for men:
Our treatment options are personalized for your body and are available as creams, gels, injectables, and implantable pellets. To find out if testosterone replacement therapy is safe for you, contact Global Life Rejuvenation today to schedule your comprehensive testing and anti-aging treatment consultation.
Growth hormone peptides are an innovative therapy that boosts the natural human growth hormone production in a person's body. These exciting treatment options help slow down the aging process and give you a chance at restoring your youth.
Sermorelin is a synthetic hormone peptide, like GHRH, which triggers the release of growth hormones. When used under the care of a qualified physician, Sermorelin can help you lose weight, increase your energy levels, and help you feel much younger.
Human growth hormone (HGH) therapy has been used for years to treat hormone deficiencies. Unlike HGH, which directly replaces declining human growth hormone levels, Sermorelin addresses the underlying cause of decreased HGH, stimulating the pituitary gland naturally. This approach keeps the mechanisms of growth hormone production active.
Benefits of Sermorelin include:
Ipamorelin helps to release growth hormones in a person's body by mimicking a peptide called ghrelin. Ghrelin is one of three hormones which work together to regulate the growth hormone levels released by the pituitary gland. Because Ipamorelin stimulates the body to produce growth hormone, your body won't stop its natural growth hormone production, which occurs with synthetic HGH.
Ipamorelin causes growth hormone secretion that resembles natural release patterns rather than being constantly elevated from HGH. Because ipamorelin stimulates the natural production of growth hormone, our patients can use this treatment long-term with fewer health risks.
One of the biggest benefits of Ipamorelin is that it is suitable for both men and women. It provides significant short and long-term benefits in age management therapies, boosting patients' overall health, wellbeing, and outlook on life. When growth hormone is produced by the pituitary gland using Ipamorelin, clients report amazing benefits.
Some of those benefits include:
Whether you are considering our TRT services, HRT for women, or our growth hormone peptide services, we are here to help. The first step to turning back the hand of time starts by contacting Global Life Rejuvenation.
Our friendly, knowledgeable TRT and HRT experts can help answer your questions and walk you through our procedures. From there, we'll figure out which treatments are right for you. Before you know it, you'll be well on your way to looking and feeling better than you have in years!
866-793-9933
Palm Beach County officials are further expressing support for Israel by making an additional $135 million investment in the country, leading to a total of $160 million worth of bonds in the county since the Israel-Hamas war began earlier this month.The county’s purchase is the single-largest purchase in the history of Israel bonds. The announcement was made Tuesday morning at Congregation Torah Ohr in Century Village in West Boca by Joseph Abruzzo, the county’s circuit court clerk and comptroller, the office managing the ...
Palm Beach County officials are further expressing support for Israel by making an additional $135 million investment in the country, leading to a total of $160 million worth of bonds in the county since the Israel-Hamas war began earlier this month.
The county’s purchase is the single-largest purchase in the history of Israel bonds. The announcement was made Tuesday morning at Congregation Torah Ohr in Century Village in West Boca by Joseph Abruzzo, the county’s circuit court clerk and comptroller, the office managing the county’s investments.
Florida Chief Financial Officer Jimmy Patronis also announced in a statement Tuesday the state treasury will invest an additional $120 million in Israel bonds, bringing Florida’s total Israel bond investment to $200 million.
Palm Beach County’s decision comes about three weeks after the county announced it bought $25 million worth of bonds from Israel on Oct. 11, becoming the first government body in the United States to do so after Hamas terrorists conducted surprise attacks Israeli civilians on Oct. 7.
“We will stand with our strongest ally in the incredible state of Israel,” Abruzzo said. The bonds “will assist Israel in running their government.”
Mark Ruben, the executive director of Israel Bonds in Palm Beach County, the broker-dealer underwriting securities issued by Israel in the U.S., said they’ve been selling Israel bonds since 1951, amounting to $50 billion.
“Israel bonds never missed a payment of principal or interest,” Ruben said. “Whether the times were economic prosperity, economic setbacks, peace, war, always.”
Dave Aronberg, the state attorney for Palm Beach County, said the bond purchases are a win for humanity, democracy and the taxpayers because they’ll receive a return on the investment.
“This is a fight against inhumanity against barbarism, against an evil terrorist group that seeks to wipe out Jews wherever they live,” he said. “Palm Beach County will reject antisemitism, will reject hate and will fight against terrorism, barbarism, inhumanity and Hamas.”
The bonds are either for two or three years, with interest rates at about 5.3% and 5.4%, respectively, Ruben said.
Similar to Palm Beach County, the state in recent weeks has made announcements about its investments: Since 2017, the state has purchased $310 million in Israel bonds, generating approximately $6.4 million in interest.
“Following the horrific terrorist attacks by Hamas on October 7, I vowed to assist our allies in Israel both morally and monetarily,” Patronis said in a statement. “As we’ve seen throughout history, democracy and freedom are fragile, and Florida proudly stands with Israel, the only democratic nation in the Middle East.”
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WEST PALM BEACH, Fla. — West Palm Beach commissioners on Monday night gave the green light to an innovative affordable housing project — units made from steel shipping containers.
The 48-unit development from the Palm Beach County Housing Authority may only put a small dent in the need for this type of housing.
But it's a construction method that may set the tone for future projects of its kind.
The housing complex will be built at the site of the former headquarters of the Palm Beach County Housing Authority on 45th Street near the Ballpark of the Palm Beaches.
The authority expects to get a demolition permit and begin knocking down the building sometime in December.
"This is going to be a pilot program," Tammy McDonald, who is chief development officer of the Palm Beach County Housing Authority, which is spearheading the project, said.
She told commissioners that the development will include three apartment buildings with 48 one- and two-bedroom units made from steel shipping containers in a construction project that is cost-effective and unique.
"But you won't be able to know they are shipping containers," she said. "They will be first of all washed and sanitized and all those things. Then from the factory windows and doors will be cut in."
Commissioners voted unanimously to approve a zoning change for the site, with members saying it won't have a major effect on traffic but will help stimulate growth in the area,
The vote was the last hurdle for the complex to be named the Legacy at 45th Street.
Ten units will be reserved for people with AIDS and most of the others will be for people who fall into the economic category that McDonald called "under-served."
"This project, this community, will serve the 'missing middle' in Palm Beach County," she said.
She said the apartments are for those who make between $45,000 and $72,000 a year, but too much for low-incoming housing and not enough to afford most rents in the Palm Beach County market.
"That would include your teachers, your service workers, cafeteria workers, public housing workers, county workers, city workers and the like," she said.
McDonald said those interested in living in the new complex will be able to start applying sometime in July, and those accepted will be able to start moving in next fall.
We may earn a commission if you make a purchase through one of our links. McClatchy newsrooms were not involved in the creation of this content.Starting your search for senior living? Speak to a senior living advisor at no cost to you.Retirees flock to West Palm Beach, with 19.7% of the city’s inhabitants being aged 65+. They’re drawn to the city by year-round activities and a p...
We may earn a commission if you make a purchase through one of our links. McClatchy newsrooms were not involved in the creation of this content.
Starting your search for senior living? Speak to a senior living advisor at no cost to you.
Retirees flock to West Palm Beach, with 19.7% of the city’s inhabitants being aged 65+. They’re drawn to the city by year-round activities and a plethora of amenities to keep them entertained. West Palm Beach has something for everyone, from stunning beaches and golf courses to a vibrant downtown district featuring fine dining and cultural venues.
Assisted living options in West Palm Beach range from small, family-run homes to multi-acre complexes, all offering care services, amenities and organized activities to ensure seniors live as independently as possible. Retirees spend a monthly average of $3,763 per month on assisted living, significantly lower than the Florida and national averages.
If you’re considering assisted living, check out our top five communities in West Palm Beach.
If you like exploring your surroundings, Brookdale West Palm Beach is ideal, with walking trails, beaches and golf courses nearby. The community features the amenities you’d expect from a resort, including a beauty salon and a fitness center.
The Personal Solutions program ensures you receive the support needed to live independently, including help with daily tasks, such as bathing, dressing and housekeeping. If you like being busy, there are exercise classes, arts and crafts, lectures, games and special interest clubs to join. Outdoors, you can enjoy fishing, strolling around the grounds or relaxing in the screened lanai.
What Residents Are Saying
Residents and family members describe the community as clean and spacious, and they appreciate the variety of activities offered. One resident’s relative writes, “They have a lot of classes, a lot of clubs, a pool, a jacuzzi and a gym,” while another says, “They had amenities, game rooms, and shuttle buses for shopping.”
Cresthaven Senior Living offers assisted living, memory care and hospice care on one campus, letting residents age in place as their needs change. Services are offered on an a la carte basis, allowing you to customize your care plan and only pay for the services you require.
With a maintenance-free lifestyle, you can get active and interact with your neighbors through the daily social and recreational program. Scheduled transportation means you can go shopping, join outings and attend medical appointments.
What Residents Are Saying
Reviewers mention the convenient location and friendly atmosphere. One writes, “My dad is now at Cresthaven Senior Living. We chose them because of its location and the reviews on their website. It is spacious and clean. The staff is very helpful ... He seems to be very happy. He is thriving there.”
Argo Senior Living at Haverhill Road is perfect for seniors looking for a tight-knit community. Accommodations feature private bathrooms, kitchenettes and comfortable lounging areas, and you’re encouraged to add your own touches with personal items and mementos.
Menus are developed in consultation with a nutritionist to promote a healthy lifestyle, and residents eat together in the community dining room, so you meet and socialize with your neighbors regularly. A resident activities program includes cultural, recreational, spiritual and social activities.
What Residents Are Saying
Residents call the community home and families praise the friendly staff. One reviewer says, “The facilities are good. They got a game room ... and they scheduled things. There’s a courtyard, a little patio, and a beauty salon. It’s a very good location,” while another wrote, “I love this facility!”
Wyndham House’s central location gives you easy access to everything West Palm Beach has to offer, including beaches, cafes and cultural attractions. Residents staying in this safe community receive the highest level of care possible to help them live a fulfilling life.
The community’s small size means residents quickly make new friends. An activity program helps you stay active with games, dancing, exercise classes and holiday celebrations. In your free time, you can relax in the indoor communal areas or the attractive backyard.
What Residents Are Saying
Reviewers appreciate the community’s cleanliness and the staff’s attentiveness. One relative says, “The staff and the owner ... care about the well-being of the residents. Our family is deeply grateful for all the care and support.”
Colonial Assisted Living at West Palm Beach has downtown amenities on its doorstep, and you only have a short walk to high-end shopping and entertainment districts. Residents can choose from a number of floor plans, including companion suites and two-bedroom apartments.
Assistance with daily tasks is available 24/7, and wellness programming looks after your physical and emotional well-being through mobility exercises and nutritional diets. You’ll get to join fun activities designed to encourage socialization and stimulate your mind.
What Residents Are Saying
Reviewers love the central location, with one writing, “The location is phenomenal and is close to many stores, a hospital and the beach!” Another review reads, “The food is good … They do bingo and sing-alongs. They have religious services, and they play games.”
Recognizing that you or a loved one might need assistance to truly enjoy life can be a bit overwhelming. But remember, there are wonderful options out there. Consider the top five assisted living communities in West Palm Beach. They might just have the perfect place to cater to your or your loved one’s needs.
Florida saw more new residents than any other state in 2022 and recent studies suggest that it has continued to be one of the most popular states to move to in 2023.With the continuous wave of new residents flocking to Florida and all of the problems that have come with it, some who have called the Sunshine State home for longer are looking to leave. ...
Florida saw more new residents than any other state in 2022 and recent studies suggest that it has continued to be one of the most popular states to move to in 2023.
With the continuous wave of new residents flocking to Florida and all of the problems that have come with it, some who have called the Sunshine State home for longer are looking to leave. But which states are enticing Floridians to leave the state’s sky-high cost of housing, inflation rates and insurance crisis?
A recent study released by real estate marketing company Hypewired analyzed Google searches that included phrases like “move to,” “relocate to,” and “homes in” for each state to find the most popular relocation destinations for each one.
Here’s which states Floridians are most interested in relocating to, and from which states Florida was searched most when looking at a move.
South Florida real estate update:Home prices in Palm Beach County increase despite insurance, interest rate concerns
According to Zillow data collected for the Hypewired study on most-desirable states to move to, the average cost for a house in Florida hovers around $392,000.
Here are the top three states Floridians are most interested in moving to, based on Google search data:
In 2022, most people moving to Florida came from New York. And although Hypewired’s study showed Florida as New Yorkers’ first choice, Rhode Island had the highest amount of searches related to moving to Florida.
For Rhode Islanders, Florida’s housing market is cheaper. The average price for a home in Rhode Island is around $436,000.
Here are the top three states that had the highest volume of searches related to moving to Florida:
Both Rhode Island and New Hampshire are less affordable than Florida when it comes to buying a house, but Maine’s average price for a house is 0.6% lower than Florida’s.
According to a July study by moving company SelfStorage and Hypewired’s findings Florida is still the most-desired state to move to in 2023.
Here are the 23 states where Google search data reflects Florida as the number one most-desired place to move to:
According to the U.S. Census Bureau, Florida’s population increased by almost 2% from July 2021 to July 2022.
It’s hard to measure what the biggest draw is for incoming residents, but since most come to Florida from much colder climates, so it’s safe to assume weather is a part of it. Lower cost of living or housing costs could also be a factor for those moving from more expensive states like New York or Rhode Island. And Florida not having a state income tax probably doesn’t hurt.
A wholly-owned subsidiary of Franklin Templeton recently moved into a spacious office in downtown West Palm Beach.Fiduciary Trust International opened a 10,439-square-foot space on the 15th floor of 360 Rosemary, a 20-story Class A office tower at 360 S. Rosemary Ave. that has attracted several well-known financial firms and companies such as Goldman Sachs, Elliott Management, Point72 Asset Management, and NewDay USA.Trending: ...
A wholly-owned subsidiary of Franklin Templeton recently moved into a spacious office in downtown West Palm Beach.
Fiduciary Trust International opened a 10,439-square-foot space on the 15th floor of 360 Rosemary, a 20-story Class A office tower at 360 S. Rosemary Ave. that has attracted several well-known financial firms and companies such as Goldman Sachs, Elliott Management, Point72 Asset Management, and NewDay USA.
Trending: Publicly traded bank to move Miami office from Brickell Financial District to Coconut Grove
The office at 360 Rosemary opened in late October, said Todd Stoller, regional managing director of Fiduciary Trust International. Ten financial advisors and staff will work in the new West Palm Beach office, he added.
Based in New York and founded in 1931, Fiduciary Trust International is a global wealth management firm that has $94 billion in assets under management and administration as of June 30, the company stated. Fiduciary Trust was acquired by Franklin Templeton Investments' parent company, San Mateo, California-based Franklin Resources (NYSE: BEN), for about $825 million in April 2001. As of Sept. 30 of this year, Franklin Templeton has $1.4 trillion in assets under management.
This is Fiduciary Trust's fourth office in the South Florida area. In addition to 360 Rosemary, Fiduciary Trust has offices in One Boca Place in Boca Raton, 300 S.E. Second St. in Fort Lauderdale, and 2 Alhambra Plaza in Coral Gables.
The firm has experienced steady growth in South Florida in recent years, said Stoller, who oversees Fiduciary Trust's offices in West Palm Beach and Boca Raton.
"South Florida is a region of growing importance to not only our firm, but also the financial services industry as a whole, given the increasing number of transplants from across the United States and the world," he said.
Florida's population skyrocketed since the pandemic as more high-income households migrated to the Sunshine State in order to find better weather and avoid state income taxes. According to the Florida Chamber of Commerce, the state gained $39.2 billion in new net income between 2020 and 2021 with $7.4 billion flowing to Miami-Dade and $7.2 billion heading to Palm Beach County.
Related: New residents brought billions in income to South Florida in 2020, report says
As they followed that migration of cash and people, financial services companies opened numerous new offices in South Florida. In Palm Beach County alone more than 100 financial service firms have opened offices since 2019, said Kristen Liberman, vice president of marketing and media relations for the Business Development Board of Palm Beach County. The financial services industry now has 73,989 jobs in Palm Beach County that pay an annual salary of $101,829, she added.
Currently at the epicenter of the financial services trend is downtown West Palm Beach where dozens of new financial services firms have opened up shop, particularly within 360 Rosemary, a building completed in the fall of 2021 by billionaire Stephen Ross' Related Companies.
Read more: Wealth Migration: Finance industry giants cluster on 'Wall Street of the South'
The influx of financial services companies also pushed downtown West Palm Beach's office rates upward. In downtown West Palm Beach the average asking rent for office space in the third quarter of 2023 was $78.29 per square foot, according to a recent report from Colliers. In the rest of West Palm Beach, the average rate was $32.22 per square foot while in Palm Beach County as a whole the average rate was $40.26 per square foot.
In Miami-Dade and Broward counties the average asking rents per square foot in 3Q 2023 was $52.06 and $37.32, respectively.
Sign up here for the Business Journal’s free morning and afternoon daily newsletters to receive the latest business news impacting South Florida. For more business intelligence, follow us on LinkedIn, Facebook, X (formerly known as Twitter) and Instagram.
Wealth Management Firms in South Florida
S. Fla assets under management 2021
| Rank | Prior Rank | Company / URL |
|---|---|---|
| 1 | 1 | Stifel |
| 2 | 2 | Provenance Wealth Advisors |
| 3 | 3 | Element Pointe Family Office |
