NEW YORK, NY, May 17, 2012 – One of Investment Advisor magazine’s IA 25 honorees for 2012, HighTower Advisors Chief Executive Elliot Weissbluth, celebrated his selection in that top 25 as a featured guest on CNBC’s Squawk on the Street program on Tuesday. Video of Weissbluth’s appearance can be found here (www.advisorone.com/2012/05/15/hightowers-weissbluth-ia-25-honoree-touted-on-cnbc).
Weissbluth weighed in with CNBC’s Gary Kaminsky to talk about being picked as one of IA 25’s most influential people in the world of financial advisors for the magazine’s tenth annual list.
“It’s humbling, but it’s also gratifying because it shows that the industry is recognizing that there are 300 people at HighTower who have effectively built an innovative business," Weissbluth said. "This is an honor for all of us. It shows we’ve done something that hasn’t been done before, and we’re quite proud of it.”
Jamie Green, Group Editor In Chief of Summit Business Media’s Investment Advisory Group, added, “Mr. Weissbluth’s honor is well deserved. Over the past 10 years we’ve never ranked the IA 25 by their relative importance, but he leads the list this year because the HighTower model and Weissbluth’s leadership has changed the conversation in the industry around Wall Street. HighTower’s service model benefits sophisticated clients under a strict fiduciary standard, while providing a successful partnership-based business model for brokers looking to go independent.”
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