HighTower Advisors says it is beefing up its managerial ranks to support an “aggressive growth strategy.”
The RIA struck 21 deals in the first half of 2017, including its largest acquisition to date: the purchase of WealthTrust, which it announced in April.
Through June, the teams added have about $10 billion in client assets, giving HighTower a total of close to $50 billion, a 27% increase from Jan. 1.
“In support of this rapid expansion and to help drive HighTower’s ongoing evolution, the firm is investing in top talent at the executive level, all reporting directly to CEO Elliot Weissbluth,” the company said in a statement.
The new hires are George Fischer, Susan Krakower and Kyle Okimoto.