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After a five-month deal-making hiatus, HighTower adds a couple of advisors and hints at a busy 2013

The serial buyer nabs a combined $400-million of tuck-ins-as-partners after a deliberate breath-catching and a financing no-go

Author Brooke Southall January 14, 2013 at 8:41 PM
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Mike Papedis: It shouldn't be surprising that high-caliber advisors have a following, too.

Elmer Rich III

Elmer Rich III

January 15, 2013 — 4:12 PM

We are also doing more M&A and work with RIAs and retirement TPAs. We too are seeing a very busy year and the firms we are working with have very strong numbers. As always, the growth and profitability in our industry is impressive.


Related Moves

A 20-year Merrill Lynch veteran got Sanctuary Wealth to $10 billion in AUA in 15 months with no outside capital and no time in bed: 'Nobody's slept since April'

Jim Dickson also recruited HighTower talent, Amit Dogra, to bring the old HighTower brokerage model and execute it as HighTower veers toward buying RIAs

August 15, 2019 at 7:58 PM

New-look Hightower hires Abby Salameh and takes a 'Hurley-style' stake in a $4.8 billion DFA RIA

The Chicago roll-up gets a chief marketing officer who gets RIAs as it becomes part-Dynasty, part- Fiduciary Network in adopting a very 2019 deal structure for LourdMurray

May 3, 2019 at 7:11 PM

Bob Oros starts his CEO life at HighTower Advisors with a town hall meeting and clear authority

The former Fidelity RIA chief now runs his formerly largest RIA client, from Chicago, and with Elliot Weissbluth as chairman, 'inorganic' asset and 'evangelist'

January 8, 2019 at 3:09 AM


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