Highline Media, NUs Parent Company, Buys Wealth Manager

“Wealth Manager, with its superb reputation in the marketplace among the most sophisticated financial advisors, gives us a powerful entr?e to this select group,” he added. “We intend to continue the fine tradition of the magazine–especially with its unparalleled quality of editorial content and graphics presentation–here at Highline.”

Wealth Manager now reports to Thomas A. Fowler, vice president and group publisher of the Financial Magazine Division at Highline, which also includes National Underwriter. The magazine’s staff will be moving to Highline’s offices in Hoboken, N.J., by mid-October.

Richard Koreto has been named editor of Wealth Manager, effective with the November issue. This is in addition to Koreto’s responsibilities as editor of Advising Boomers, a quarterly magazine launched by Highline in May 2005, aimed at the broad spectrum of financial professionals advising the baby boomer generation.

Koreto was formerly executive editor of Financial Planning.