Articles tagged "Elliot Weissbluth"
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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
February 19, 2021 at 8:58 PM
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
Michael Bapis to leave HighTower and become the first high-profile Rockefeller Capital recruit as CEO Greg Fleming scores major poach
Bapis was Elliot Weissbluth's first recruit to HighTower in 2008 and now he is also Rockefeller CEO Greg Fleming's first poach
September 8, 2018 at 2:00 AM
How HighTower's executive shuffle, kicking CEO Elliot Weissbluth upstairs, opens door for new talent and paves way for Thomas Lee-fueled acquisitions splurge
Since Thomas H. Lee's $350 million February purchase of HighTower, the firm has sought ways to separate dealmaking and operational duties, but recruiting goes to outsourcer and M&A goes to Marc Cabezas.
August 20, 2018 at 7:57 PM
As Thomas H. Lee Partners asserts itself, Dave Pottruck steps down as chairman of HighTower's board of directors
The early investor and ex-Schwab CEO is giving ground to the new ownership
April 20, 2018 at 7:01 PM
HighTower Advisors lands $4.5-billion RIA with help from bigger, better checkbook
The Chicago RIA roll-up adds 45-employee Salient with T.H. Lee omnipresent in shepherding the UHNW deal
April 17, 2018 at 3:25 PM
HighTower closes $450-million deal that ups advisor stake, inks deal with Elliot Weissbluth
The Chicago-based roll-up sold '50-60%' stake -- for $350 million plus $100 million
February 10, 2018 at 12:40 AM
An RIABiz advertising exec derives hard meanings from soft comments made by big shots at MarketCounsel Summit
Post-TD Tom Bradley, post-refinanced Elliot Weissbluth, post-divorce David Bach and Ric Edelman, post-protocol Shirl Penney and post-windfall Marty Bicknell were among execs who tipped their hands and hearts about where they are headed
December 12, 2017 at 2:18 PM
HighTower finds hundreds of millions to cash out itchy shareholders
Thomas H. Lee Partners likes financial firms -- especially ones with big cash flow and potential for operational efficiencies
October 25, 2017 at 3:59 PM
The HighTower Advisors 'for-sale' rumors grow to include a named suitor
Source says Oppenheimer is consummating a deal but observers question how HighTower could graft its roll-up onto the aging B-D
September 1, 2017 at 2:24 PM
Elliot Weissbluth's second in command walks from HighTower to an ivory tower of 'pari passu' ownership with an 'impeccable' reputation
Michael LaMena trades in a $50-billion-AUA roll-up for $5-billion-AUM roll-up after headhunter lays out case of bright, de-Balkanized Bronfman Rothschild future
August 7, 2017 at 7:24 PM
HighTower blindsides its own Palm Desert team with pink slips leaving pregnant questions in the arid air
The Chicago roll-up cites improprieties by its partner-employees but recruiters find the timing interesting as the team was actively seeking an exit
July 16, 2016 at 12:05 AM
After chats with Phyllis Borzi, a flagship HighTower team executes a 'deliberate' breakaway to form a $2.5-billion RIA
Citing post-DOL-rule concerns about serving their super-rich clientle and hungering for more alternative alternatives, Paul Pagnato and David Karp have ankled the captive brokerage world but are keeping ties to the Chicago roll-up
June 1, 2016 at 9:00 PM
Why the RIA business starts 2016 without its swagger: 2014 and 2015
What's hot right now? Almost nothing and nobody. But it might be a 'healthy correction' of equilibrium
