<img src="/images/nav_npe.png" />

A / A / A

Euro Pacific Capital Expands Into South Florida

May 28, 2008

Brokerage Firm Specializes in Non-Dollar Investments for Retail Clients.

Darien, CT - (May 28, 2008) - Growing rapidly as a result of American investors' widening concern that the weakening U.S. dollar is eroding the value of their investment portfolios, Connecticut-based Euro Pacific Capital, a full service FINRA registered broker-dealer, has just the announced the opening of a branch office in North Palm Beach, Fl. The opening gives the firm its first physical presence in Florida.

Known to a wide audience largely as a result of the accurate and outspoken views of its president Peter Schiff, the author of the top selling investment book Crash Proof: How to Profit from the Coming Economic Collapse, Euro Pacific Capital currently serves more than 10,000 retail clients across the country who have invested more than $1 billion in assets recommended by the firm. Euro Pacific's strategy focuses primarily on high dividend-paying stocks denominated in foreign currencies and traded solely on foreign exchanges.

The South Florida office, which becomes the firm's fifth (joining offices in Darien, CT, New York City, Newport Beach, CA, and Phoenix, AZ) will be led by 30-year financial services industry veteran Bruce Oderman who has moved to Florida from the firm's main office in Connecticut. The office will also serve as the home base for John Browne, Euro Pacific's senior market advisor, who joined the firm in March. A former member of the UK Parliament, Mr. Browne is a widely known economic and market analyst who is a frequent guest on CNBC.

"As the dollars continues to weaken as a result of persistent global economic imbalances and the irresponsible monetary and fiscal policies from Washington, it is clear to many U.S. investors that increasing their non-dollar exposure is vital to their financial well-being," said Peter Schiff. "Our new office will be an important resource to our many existing South Florida clients, and will provide greater reach into this major wealth management market."

Although two existing Euro Pacific brokers have transferred to the North Palm Beach office, and Mr. Oderman has already hired two new licensed brokerage professionals, the firm anticipates hiring an additional 6-8 brokers by year's end. Experienced South Florida brokers looking to join the firm, should contact Mr. Oderman at 9112 Alternative A-1A, # 209, in North Palm Beach.

"Euro Pacific has always had a significantly high portion of clients from South Florida," said. Mr. Oderman. "As a result, it makes perfect sense for us to establish a physical presence in the market. There is a lot of wealth in the region tied up in the sinking U.S. dollar, and we look forward to helping clients of all financial levels to diversify into stronger currencies in growing economies around the world."

About Euro Pacific Capital
Founded in 1980 and headquartered in Darien, Connecticut, Euro Pacific is a full service, FINRA-registered broker/dealer. With more than $1 billion in client assets, the firm currently operates from offices in Newport Beach, CA, Phoenix, AZ, Medford, OR and New York, NY. Peter Schiff, the president of the firm and the author of Crash Proof: How to Profit from the Coming Economic Collapse, is widely known as an advocate for foreign investing.