The Garibaldi Group Relocates Investment & Asset Management Firm to Chatham

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CHATHAM, NJ — The Garibaldi Group is pleased to announce the relocation of R. Seelaus and Co, Inc.’s corporate headquarters.

Founded in 1984, R. Seelaus and Co, Inc. is a full-service investment and asset management firm. Since 2015, the firm has acquired Sunnymeath Asset Management and Sterling Wealth Advisors, a registered investment advisory (RIA) firm based in Red Bank.

Under CEO Annie Seelaus, the firm has been named a state-certified Women’s Business Enterprise (WBE) by New Jersey and become certified by the Women’s Business Enterprise National Council (WBENC).

With 60 team members, Seelaus’s move to Chatham was primarily based around improving the employee experience — a motivator for growth shared by many companies today.

“As a company in 2019 and beyond, growth is a driving factor behind everything we do,” Annie Seelaus said. “We have a well-established business platform that we see infinite possibility in, and we continue to raise the bar for ourselves and our employees year after year to help drive that growth. As a management team, when considering strategic investments we could make internally to bolster that initiative, we quickly pinpointed the energy that can be gained from a fresh and vibrant office environment. The Garibaldi Group understood our goal from the start and rightly pointed us to Mountain Development for that new and energized workspace, and we could not be more excited to call 26 Main Street home.”

Since 2000, the company has occupied office space at 25 Deforest Avenue in Summit, New Jersey. The firm is now leasing 10,707 square feet at 26 Main Street in Chatham.

R. Seelaus and Co, Inc. was represented by Jeff Garibaldi and Jackie Madden of The Garibaldi Group, while Mountain Development Corporation’s Director of Acquisitions Bill Martini represented ownership in-house.

“Our site search focused on a ‘work, live, play’ environment,” Jackie Madden said. “We were looking for something that would allow Seelaus to continue their incredible success with employee recruiting and retention. They were looking for a high-quality building with competitive economics, and that is exactly what we were able to accomplish. 26 Main Street provided an opportunity for an exciting fresh start, with a 5-star customized build-out”.

R. Seelaus has occupied the space since the beginning of the fall, and they have shown no sign of slowing their efforts to grow the firm. Just last week, it was announced that the firm would be making a significant push into Money Market sales and trading in both the agency product, commercial paper and CD product areas, as it was named to Federal Home Loan Bank’s Authorized Diversity Dealer Group. They also announced the hiring of Erik Schiele, formerly of Bank of New York, to trade commercial paper and Yankee CDs. This will give the firm access to discount note offerings through both the discount window and direct access to its auctions. 

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