Cathie Wood to Move Investment Manager ARK to Florida

Her firm, ARK Investment Management LLC, said Wednesday that it will permanently close its New York headquarters at the end of the month and move to St. Petersburg, Fla., on Nov. 1.

Known for its line of exchange-traded funds that invest in companies deemed disruptive and innovative in their industries, ARK said it aims to deepen ties with local entrepreneurs and technology startups by also building an innovation center.

“Star stock picker” 😏

Has anyone checked her YTD performance ?

At a certaon age ist seems a must….musk

Another rich corpo outsourcing her hq to a developing country.

Smart

Why is everything in New York so expensive? My dad was born in Brooklyn, and they moved back to Ohio in the 1950's. Toll roads limit commerce. I think all roads should be free.

Because NewYorkIsAsshoe

Waking up everyday to see another withdrawal on my mail is the best thing I have ever wished for thank you pickcrypto1

Picking Tech stocks in a world dominated by tech isn’t exactly star status 🤷🏻‍♂️

There is no reason to be in NYC anymore.

Yeh because Florida is known for their highly intelligent workforce 😂

Smart move if you like living below sea level.

everyone with a functioning brain will be doing this for one reason or another in due time.

Aging NYer moves to Florida. It’s the natural order of things.

Won’t be the last by a long shot.

Don’t blame her

Are these moves the same ones the NFL made?

Better be double vaxxed cause there is a pandemic there or haven't they heard? The government there doesn't care about your health or your life

Hán Thục Trinh :) :D

Lets SPAM AND WRITE at SECGov POTUS SenatorTester michaelrulli SenToomey SenatorDurbin SenatorReid Senators SenatorTimScott SenatorCollins RandPaul SenatorLeahy SenatorLeahy SenatorBennet STOPABUSEPOWEROFSEC RESIGNGARYGENSLEY FreedomOfSpeech

Hers won't be the last financial firm to do something like this.

She is a smart woman.

WOW... ...NYC must be a terrible place to willingly move to the next Atlantis battered by hurricanes!!!

Welcome to Florida.

It's sad honestly. The 65% of the population who pays basically no tax doesn't realize that for every wealthy person who leaves they will be the ones picking up the slack.

Brilliance 💗

Biden's America 💥🇺🇸💥

They should close their shit ETFs and move them to shitfucklandia

Welcome 🙏

👍💯

Smart move honestly. Lots of money managers are moving there, far lower taxes. I would've chosen south dakota personally

New York is losing with their restrictions and regulations. And not to mention taxes! I live and run a business here, love and hate every minute of it !

Smart.

Cheaper

When the going get tough ask municipalities for tax breaks free lands etc(or, if it's too hot get out of the NY kitchen)

a lot of investment firms already have

Gee, I wonder why? 🤔

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