(Dublin, OH) Dublin City Council has approved an economic development agreement with Everhart Advisors, a financial advisory firm that focuses on corporate retirement planning, consulting and wealth management for individuals. Everhart Advisors has three office locations in Ohio and Florida, with Dublin serving as its headquarters.
Everhart Advisors has outgrown its current 13,000-square-foot office in Metro Center. The proposed economic development agreement with Everhart Advisors includes a $20,000 location grant payable upon the purchase of a new office location within the City of Dublin corporation limits. Everhart Advisors must also retain two existing Dublin businesses as co-tenants for at least three years as a result of the purchase.
The agreement is a three-year, 10% performance incentive on withholdings collected on its employees (2026-2028) that is capped at $69,000 for the duration of the agreement. This project includes the retention of 49 employees within the City of Dublin. In addition, Everhart Advisors expects to increase their employee total by 26, for a total of 75 employees by Dec. 31, 2028. The total payroll withholding for the retained and new employee positions is estimated to be approximately $860,000 over the term of the agreement.
“Everhart Advisors’ reinvestment in the City of Dublin highlights the trust and positive relationships between the City and its business community,” says Economic Development Administrator Luke Fleming. “We are excited about Everhart Advisors commitment to the City and we’re eager to support their continued success in Dublin.”
Council approved the EDA after a second reading at its meeting Dec. 9, 2024.
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About the City of Dublin, Ohio, USA
Dublin is a city of nearly 50,000 residents located just northwest of Columbus, Ohio. It offers residents and corporate citizens responsive services, attractive housing options, superior public education, direct regional highway access, abundant park space, thoughtful and strategic planning, innovative ideas and technology and a dynamic community life. Dublin is ranked the number one small city in Ohio and is consistently named one of the safest cities in the nation. It is home to more than 20 corporate headquarters, an entrepreneurial center, 4,300+ businesses, world-class events and the urban, walkable Bridge Street District. For more information, visit DublinOhioUSA.gov or call 614.410.4400.
Media Contact:
Aisling Babbitt
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614.410.4508
ababbitt@dublin.oh.us
Newsroom: https://dublinohiousa.gov/newsroom/
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