Investment banking and mergers and acquisitions advisor Palm Tree LLC has moved to a new headquarters in Brentwood.

The relocation to 11755 Wilshire Blvd. is part of a growth plan by the company aimed at attracting top talent while also offering convenience to clients, according to Palm Tree’s chief executive and president Pardis Nasseri. The company was previously headquartered in El Segundo.

Palm Tree has quadrupled in size to 120 employees since 2020 – including adding the majority of its senior leadership and operations team.

“Southern California attracts significant pools of capital, considerable businesses, as well as sizeable private equity activity,” said Nasser. “The vantage point from our new headquarters is a reminder of the vastness and rapid pace of business opportunities, not just in L.A. but around the world.”

In recent years. Palm Tree has opened offices in Chicago, Detroit, and Dallas, with two new locations soon to be named. David Wolinsky, chief talent officer of Palm Tree, said the firm would still be flexible with office arrangements, but the response from staff has been overwhelmingly positive.

“We met with our team and the overwhelming feedback was that we work better together, in person, in a dedicated space,” Wolinsky said in a statement. “We’re still flexible with where people work, but this office creates a headquarters for team Palm Tree.”

The firm says its investment banking, transaction support and strategic finance services are distributed across its offices to best serve clients, but Nasseri notes that Los Angeles is “a critical entry point for business creation, innovation, and mergers and acquisitions, as well as an important hub for Pacific Rim trade.”

“Palm Tree will continue to grow its presence around the country, but Los Angeles will always be a key market,” Nasseri added.