ACI Formalizes Move to a New, Expansive Office This Summer to Better Serve Its Growing Broker Dealer Client Base
FinOp Licensing and Regulatory Accounting firm ACI will officially be moving to a larger, modernized headquarters in lower Manhattan this summer. The plans to move were prompted by the firm’s continued growth and need to expand staffing to effectively service a growing number of independent broker-dealer clients. The office’s floorplan will accommodate social distancing, allowing staff to return to work safely.
“The office will be designed to create a better-quality working environment for ACI staff, reflecting our core belief that employees who are respected and treated well will provide a higher quality of service to our clients,” ACI Managing Partner, Jay Gettenberg, said. “The design will strike an appropriate balance between a professional environment and comfort, which will enable us to attract and retain the most qualified and experienced professionals within our industry.”
The new office will be on the 16th floor of 77 Water Street, in the financial district of NYC, just a few blocks east of ACI’s existing location. ACI has signed a 10-year lease with a target move-in date of late summer 2021.
“The 10-year lease reflects our long-term commitment to the securities industry and the broker dealers we service, both today and for the foreseeable future,” Gettenberg said. “The expansion of our space, while assessing COVID impact, accounts for our expectation of continued growth and the evolution of ACI as a leading provider of FinOp services across the broker dealer community.”
ACI has experienced unprecedented growth over the past few years, as a result of strategic vendor relationships, regular speaking engagements, participation on regulatory committees, and a culture of compliance that lies at the firm’s foundation.
ACI has hired additional staff during the COVID pandemic to help service a rapidly increasing number of broker dealer engagements. The expectation is to supplement existing staffing with multiple additional hires throughout 2021 to ensure the highest- quality service is maintained throughout the expansion process.
Designed for cohesiveness and comfort
The new 5,400-square foot office will have an open floor plan to accommodate 42 workstations, including private offices, a corporate lounge, and a fully customized kitchen and pantry. “We intentionally designed the space to promote team cohesiveness. Our conference space is designed to have a ‘living room feel,’ with couches and soft surfaces, so we can meet with prospective clients in a relaxed, unpretentious setting. We want existing and prospective clients to feel as though they are members of the ACI family,” noted Gettenberg.
Importantly, in the short term, the larger layout will enable current employees to work safely, with enough social distancing to meet the current CDC guidelines.
The flexible layout also provides ACI with the ability to change to meet future growth opportunities. “We wanted an area that inspires our staff, provides for client needs, and enables us to propel ACI into the future,” Gettenberg said.
The move to the new office will not interrupt ACI’s operations since all employees have been working remotely from home during the pandemic. When safety permits, ACI employees will transition back to the workplace with a plan that ensures continuity in service to its clients.
ACI will continue to provide updates on our Resources page as more information becomes available.