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Palisade Operational Update

Monday, March 16, 2020

Anxiety and fear are running high across the board, and with good reason, as the world is simultaneously dealing with two of the most sensitive topics for individuals: health and finances. We understand your concerns and want to once again reassure you that Palisade is operating smoothly during this difficult period.

Our top priorities remain our unwavering commitment to clients and maintaining the health and safety of our Palisade team. To help protect our employees, we have deployed additional measures including the following:

  • Empowering and encouraging all Palisade employees to work remotely;
  • Utilizing video conferencing; and
  • Limiting business travel and cancelling in-person meetings.

Our business continuity plan and technology, which are regularly tested, have performed as designed.  All Palisade employees are equipped with the resources, technology, and tools to complete all of their work functions.  As the Coronavirus situation continues to develop, Palisade’s operations continue unimpeded. 

The financial markets remain stressed and we are monitoring all client portfolios extremely closely.  Palisade’s risk management team is actively engaged with our portfolio managers and we remain committed to our long-term investment philosophy and process. 

It is difficult not to be emotional at times like this, and the next few weeks are not going to be easy.  However, the Palisade team has pulled together and is in constant communication.  We take very seriously the great responsibility of managing client assets and are working day and night to navigate this unprecedented environment. 

If you have any questions concerning Palisade’s operations, our investment strategies, or our market views, please do not hesitate to contact us.

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