Who We Are
Lorraine R. Salvo, CFP®, CDFA®
Lorraine is Managing Director, Private Wealth Management and Head of Palisade Capital Management’s Financial Planning team. In her role, Lorraine is responsible for overseeing Palisade’s Private Wealth Management financial planning process while also serving as an advisor to high net worth client relationships. Lorraine has experience developing customized investment portfolios; providing education, retirement, and estate planning advice; generating cash flow analysis; and assessing risk tolerance and time horizon. She regularly liaises with clients' CPA's and attorneys to enhance communication while managing the investment process, trouble-shooting issues, and enhancing tax planning. Prior to joining Palisade in 2019, Lorraine served as Managing Director, Client Advisor with Simon Quick Advisors LLC for 15 years. There, she advised clients regarding diverse aspects of wealth management so they can spend less time worrying and more time enjoying the life they worked hard to build. Lorraine received her undergraduate degree from Hartwick College, and has earned the Certified Financial Planner (CFP®) and Certified Divorce Financial Analyst (CDFA®) professional designations. Lorraine is also a 5-year winner of the Five Star Wealth Manager Award.
Ms. Salvo earned the Five Star Wealth Manager Award in 2019, 2020, 2021, 2023, and 2024. To receive the Five Star Wealth Manager Award, a wealth manager must satisfy ten objective eligibility and evaluation criteria that are associated with wealth managers who provide quality services to their clients. Five Star Professional considers factors including assets under management and client retention rate. Candidates also undergo a thorough regulatory and complaint review. Rankings published by Five Star Professional base the selections partially on information prepared and/or submitted by the recognized adviser. Click here for a full discussion of Five Star Professional’s methodology. Five Star Professional does not charge any type of fee to advisers to be listed in the annual ranking.