Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Practice Management > Building Your Business

HighTower Expands With Another Merrill Lynch Advisory Team

By Danielle Andrus

X
Your article was successfully shared with the contacts you provided.

HighTower announced Monday that it had recruited another advisor team from Merrill Lynch.  The Amidei Romano Group is based in Palm Desert, Calif.

The new team is led by Brian Amidei, Joseph Romano III and Brett D’Orlando. Together they will serve as managing directors and partners at HighTower. Amidei has been in the industry for 16 years, 12 of which were spent at Merrill Lynch. Romano also spent 12 years at Merrill Lynch, and D'Orlando was with the firm for seven years.

"The Amidei Romano Group serves sophisticated, ultra-high-net-worth clients," Mike Papedis, managing director of business development for HighTower, told AdvisorOne. "They are genuinely really good people who care deeply about their clients."

In February, HighTower added a Portland, Maine-based team, the Simmons Wilkes Group; in March, Masterson, Emma & Associates, based in Naples, Fla., joined HighTower. Both teams were formerly with Merrill Lynch.

Mike Papedis, HighTower"We attract builders," Papedis, left, said. "We look for the top two or three teams in a particular market."

Advisors are attracted to HighTower, he said, because of their "unconflicted view when serving their clients."

"There are no internal conflicts from different profit desks," he said.

Papedis indicated the impetus that's driven HighTower to add three new advisory teams in as many months, isn't likely to dry up soon.

"We have a pipeline that's brimming," he said. "And the success that's behind our sales will undoubtedly continue."

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.