Shomari D. Hearn, CFP®, EA, holds the title of managing vice president, the first in the history of our firm. Though based in Palisades Hudson’s Fort Lauderdale headquarters, he regularly meets with clients across the United States and abroad.
As managing vice president, Shomari holds executive responsibility for all of the firm’s operations. His main focus is strategic initiatives, such as the Entertainment and Sports Team. Shomari also continues to provide a wide range of services to our clients, including asset allocation programs, investment analyses, cash flow projections, retirement plans, tax strategies, income tax return preparation, accounting and estate administration. In addition to these duties, Shomari serves as the Chief Compliance Officer for the firm’s investment advisor affiliate, Palisades Hudson Asset Management, L.P.
Since moving to Florida more than a decade ago, Shomari has become an active and integral part of the city’s business community. He is active in the Greater Fort Lauderdale Chamber of Commerce, where he previously served on the Small Business Committee and the committee for the Chamber and the City of Fort Lauderdale’s Business First Initiative. Shomari is a graduate of the Chamber’s Leadership Fort Lauderdale program (Class XIII), and served as the curriculum chair for the program’s Class XVII.
Shomari established the firm’s first branch office in Fort Lauderdale in 2005, but he began his Palisades Hudson career in New York. He joined the staff as an associate in 1998, and became a client service manager in 2003. Shomari joined the executive team as a vice president in 2012, and was a longstanding member of the firm’s investment committee. Shomari is registered with the NFL Players Association as a financial adviser and oversees the firm’s Entertainment and Sports Team.
Shomari is a regular contributor to Sentinel, the firm’s quarterly newsletter on personal finance. Recent articles include:
- “How Much Liability Insurance Do You Need?” (September 2016 online edition)
- “How To Handle Sudden Wealth” (September 2015 online edition)
- “Dealing With A Loved One's Cognitive Decline” (January 2015)
- “Copyright For Non-Lawyers” (co-authored with Laurie Samay, July 2013, online edition) and
- “Do Incentive Trusts Encourage Responsibility?” (June 2011)
Readers of our firm’s book, Looking Ahead: Life, Family, Wealth and Business After 55, will find Shomari’s work in Chapter 2, “Relationships with Adult Children” (co-authored with Rebecca Pavese); Chapter 9, “Life Insurance” (co-authored with Anthony Criscuolo); and Chapter 17, “Retiring Abroad” (co-authored with Melinda Kibler). He has been quoted by financial columnists for The Wall Street Journal, CNN Money, Forbes Magazine, Barron’s, Sun Sentinel and many other local and national publications.
A New York City native, Shomari is a 1997 graduate of Duke University, where he obtained a B.A. in economics and a certificate in markets and management study. Prior to joining Palisades Hudson’s team, he held a position at Metropolitan Life.
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