Page 34 - 2019 Westchester Economic Development Guide

FINANCIAL SERVICES Beyond the Platinum Mile
A New Vision
Lured from Manhattan four decades ago, Pentegra values the talent, location and incentives Westchester offers.
C urrently employing more than 30,000 people, West- chester enjoys a thriving Financial Services sector, anchored by two global Fortune 500 companies: MasterCard and Morgan Stanley. Learn more about
these financial giants on page 18.
Based in White Plains, Pentegra is a leading provider of retirement plan, fi- duciary outsourcing and institutional investment solutions to clients nation- wide. More than half of the company’s 260-person workforce is located in its Westchester headquarters.
Colleen Zanicchi, Senior Vice Presi- dent Human Resources for Pentegra, shares why the company made the move from Manhattan, and why it chooses to stay.
Celebrating a milestone. Our compa- ny just celebrated its 75th anniversa- ry, and for 37 years, Westchester has been our home.
On leaving Manhattan. Back in the 1970s, our management team was attracted to the construction and the promise of Westchester’s Plati- num Mile. Today, the County offers us a great community and access to talent, while still being close to New York City.
On staying in Westchester. Both the Westchester IDA and the Empire State Development Corporation were instrumental in helping to keep us in Westchester. We have received a host of financial incentives, including tax relief on materials and equipment needed for the buildout of our new office space on Westchester Avenue.
A pivotal location. As a financial services firm, it’s great that our in- vestments department has easy ac- cess to New York City – the financial capital of the world. Being based in the county is also great because it can be an economic and logistical strain for many people to commute to New York City.
Building community. There’s a more intimate setting here, and cultur- ally there is a lot to offer. We have a strong sense of community. Our employees do a lot of volunteering; we’re a corporate member of Volun- teer New York.
Networking opportunities. The Busi- ness Council of Westchester is great for networking. They offer great pro- gramming with Human Resource ex- perts, as well as opportunities to meet and connect with other members of the Westchester business community.
Top: Pentegra’s Colleen Zanicchi Above: Pentegra team members taking part in community service projects at their White Plains office
“The Westchester IDA and the Empire State Development Corporation were instrumental in helping to keep us in Westchester.”
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WESTCHESTER COUNTY ECONOMIC DEVELOPMENT GUIDE