HighTower is an elite community of independent-minded financial advisors you can trust. All HighTower advisors are fiduciaries, meaning they have a legal obligation to act in the client’s best interests. Our advisors provide financial advice with a soul, getting to know the families they serve in order to help build better lifestyles, achieve specific goals and create long-term stewards of wealth. By combining radical transparency, integrity and sophistication, we are reshaping the financial services industry from the inside out.
The traditional Wall Street wealth management industry is rife with conflicts of interests and bad incentives. We founded HighTower during the global financial crisis to provide clients with a better alternative:
Fee-Based: Our advisors use predominantly fee-based compensation models that are clearly presented to clients.
Technology-Driven: We leverage new technology to optimize the advisor and client experience.
Multi-Custodial: We force trusted third-party vendors and custodians to compete for our business, helping to drive down prices and improve service for clients.
Community-Oriented: We foster a collaborative environment among our network of elite advisors in an effort to drive better results and experiences for all clients.
Open-Architecture: We provide access to high-quality research and investment products, handling due diligence and relationship support for all service providers.
Interests-Aligned: HighTower is a firm built by advisors, for advisors. Our teams actively participate in maintaining our fiduciary, client-first culture.
Old Wall Street Paradigm
Broker, pushing proprietary products
Compensated largely on opaque commissions
Narrow range of often overpriced, low-quality in-house investment products
Single entrenched vendor often equals higher prices, poor service
Often beholden to corporate agenda
Cutthroat advisor culture
Advisor, providing unbiased guidance
Compensated predominantly on transparent fees
Wide variety of competitively-priced, high-quality third-party investment products
Multiple competing vendors often equals lower prices, great service
Collaborative advisor culture