August 18, 2011

HighTower Sees ‘Exceptional Addition’ to Firm as Margaret Towle Joins as Partner

A $1 billion advisor with a Ph.D., Towle to serve on Group Investment Services Steering Committee

Elliot Weissbluth, HighTowerMargaret Towle, a Ph.D. with a $ billion clientele, is joining HighTower, the Chicago-based RIA firm led by Elliot Weissbluth (left), as a partner and managing director from Greycourt. 

Towle, who joined the firm on Tuesday, will be based in Seattle and Minneapolis and will serve on HighTower’s Group Investment Services (GIS) Steering Committee.

“Dr. Towle is an exceptional addition to the HighTower partnership, delivering 28 years of experience in the financial industry across numerous senior positions,” said HighTower Partner and Managing Director Matthias Kuhlmey, head of HighTower’s GIS division. “In addition, she brings with her a client base that includes more than $1 billion of wealthy family and institutional assets under management.”

The GIS committee oversees the firm’s broad investment capabilities, including traditional and alternative investment offerings, investment consulting and research.

At Greycourt, Towle oversaw research and development across traditional and alternative asset classes. She also served a two-year term as a member of the Investment Management Consultants Association (IMCA) board of directors, and is a former chair of the IMCA Advisory Council and member of IMCA’s Investments & Wealth Monitor editorial advisory board.

In 2009, Towle was named as one of Bloomberg WealthManager’s Top Women in Wealth. In addition, she was profiled in Boomer Market Advisor in 2009.

Prior to joining Greycourt, Towle served as chief investment officer of Northern Trust Global Advisors. She holds the Certified Private Wealth Advisor (CPWA) designation and earned her B.A., M.A. and Ph.D. from the University of Washington-Seattle. She completed post-graduate work in quantitative methods at the University of Michigan, as well as risk management courses in the executive education program at the University of Chicago’s Booth Graduate School of Business.

HighTower is a national, advisor-owned financial services company serving high net worth and institutional clients. Many of HighTower’s advisors are breakaway wirehouse brokers with large and established practices. The company is headquartered in Chicago and maintains corporate centers in New York and San Francisco as well as other offices around the country.

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