Hightower, an RIA, announced the appointment of Roberto Stewart as president and chief business officer, effective immediately, on Tuesday.
Stewart will lead enterprise services and support the firm's next phase of growth by advancing Hightower's back- and middle-office platform, Hightower One, the firm said. He will work to simplify how advisors engage with the platform, reduce operational friction and strengthen the systems that enable growth and client service.
"Roberto is a proven leader who knows how to simplify complexity and build platforms that drive long-term value," Hightower CEO Larry Restieri said in a statement. "His experience scaling complex organizations and strengthening core capabilities will be critical as we continue to evolve Hightower One, reduce barriers for advisors, and support continued expansion across the platform."
Stewart joins Hightower from Engle Martin, a loss adjusting and claims management provider, where he was chief operating officer. He previously held senior leadership roles at American International Group for more than a decade.
"I am thrilled to join Hightower and build on the strength of its foundation," Stewart said. "My focus will be on creating greater clarity, efficiency and alignment across Hightower One, enabling advisors to spend more time with clients and grow their practices."
As part of the transition, Gurinder Ahluwalia, who had stepped in as interim president, will continue to be an advisor to the company and remain on Hightower's board.
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