Levitt Capital Management Establishes Manhattan Presence

Founded in 2022, the firm addresses the specific regulatory hurdles faced by American expats, who remain subject to annual Internal Revenue Service filings regardless of their residency. This compliance burden often discourages local European financial institutions from taking on American clients, creating a niche market for specialized wealth managers. Founder and chief investment officer Robert Levitt, who relocated to France in 2007 following a career managing a Florida-based hedge fund, argues that standard advisors on either side of the Atlantic frequently lack the expertise to navigate these complex dual-jurisdiction requirements.

Beyond tax and investment management, the firm attempts to differentiate itself by offering integration services for its clients. This includes curated cultural programming through its “European Life Series” and networking opportunities designed to help expats settle into their new environments. By establishing a physical footprint in Manhattan, the firm aims to bridge the communication gap between its European operations and its American client base, facilitating more direct engagement with both existing investors and prospective partners in the city.