News, Vision & Voice for the Advisory Community


Elliot S. Weissbluth, Hightower Advisors mastermind, cashes out and vacates chairman role as Pershing's ex-CEO Lisa Dolly takes a board seat

The Chicago rollup's founder got paid better by doing the second-stage exit and the new cast on the Board also includes Bob Oros ascending to chair and Darrell Horn of Green Square Wealth Management joining

Author Lisa Shidler
February 19, 2021 at 8:58 PM
no description available
Elliott Weissbluth cashed out Hightower shares 'at a pretty darn good time.'

Related Moves

As Bob Oros-led HighTower reboots, it bags an ex-Goldman RIA, hires two, makes a CMO imminent, and clarifies mission

The new CEO will need to somehow weave together the debris of the first roll-up run and the new one to the satisfaction of RIAs and the hundreds of people already inside the HighTower umbrella

March 20, 2019 at 11:32 PM

HighTower gets a new CEO, to be revealed later, as Elliot Weissbluth moves upstairs

Elliot Weissbluth's move upstairs ends an era, as Thomas H. Lee's reign begins in earnest, and Mark Cabezas comes in as M&A head.

September 13, 2018 at 2:21 PM

Jeff Spears

Jeff Spears

February 19, 2021 — 10:45 PM
The game and its coach have changed. Breakaway brokers have been replaced by M&A. Tomas H Lee definitely seems in charge.
Former HT

Former HT

June 25, 2021 — 9:54 PM
The company knows M&A, but it utterly clueless on how to service advisors once acquired. Oros has bounced around the RIA space (I wonder why) and is a leader good at empty words and promises... As was Elliot. Anyone who doesn't see the end goal of THL squeezing out their last dime and leaving this to wither is clueless!

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