News

Hightower Makes Strategic Investment in Charles D. Hyman & Co.

By Hightower Advisors / September 12, 2024

$2.3 Billion RIA has been advising families on their wealth for 30 years

CHICAGO—September 12, 2024—Hightower announced today that the firm has made a strategic investment in Charles D. Hyman & Company, a wealth management practice located in Ponte Vedra Beach, FL, with $2.3 billion in assets under management (as of June 30, 2024).

Charles D. Hyman & Co. manages assets for individuals, families, trusts, charitable interests and foundations.

Opening its doors for business 30 years ago, Charles D. Hyman & Co. believes in a relationship-driven approach and strives to achieve nourishing, long-term investment objectives on behalf of its clients. The five-person team has worked together for decades; dedicated to highly personalized, caring service and an enduring commitment to their client families for generations to come.

“Charles D. Hyman & Company has a strong reputation and long history of serving as trusted wealth advisors to families across generations in Ponte Vedra Beach and beyond,” said Hightower Chairman and CEO Bob Oros. “Those relationships, built on integrity of purpose and excellence in portfolio management over 30 years, will continue to thrive as part of our new Hightower partnership. As Chuck and the team look to the future, I am delighted to welcome them to the Hightower community.”

“Joining Hightower will allow us to add additional operational, regulatory, and technological infrastructure as well as leverage an expanded set of new wealth solutions and services. We have known one another well for a long time. All of us here embrace our clients and their families with heartfelt care and a passion for the work, now and for future generations,” said President and Founder Charles Hyman. “We’re confident that we have found the right partner in Hightower.”

The nationwide Hightower advisor community now comprises 140 advisory businesses in 35 states and the District of Columbia. Hightower offers a wide range of services for accelerating organic growth, including business development consulting, leadership and team development, talent acquisition, marketing support, technology, investment management resources, compliance, accounting, payroll, and human resources. Advisory groups that partner with Hightower also receive access to inorganic growth services such as sourcing, valuation, deal structuring, due diligence, legal and regulatory, pre- and post-close integration, and capital resources for M&A transactions. As of June 30, 2024, Hightower’s assets under management (AUM) were approximately $156 billion.

In the transaction, Charles D. Hyman & Company was advised by Jessica Polito, founder of Turkey Hill Management.

About Hightower
Hightower is a wealth management firm that provides investment, financial, and retirement planning services to individuals, foundations, and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size, and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., the firm operates as a registered investment advisor (RIA). Learn more about Hightower’s collaborative business model at www.hightoweradvisors.com.

About Charles D. Hyman & Company
Charles D. Hyman & Company is an RIA firm whose misson is to craft a long-term client relationship built on integrity of purpose and portfolio management excellence. We are committed to a high level of personalized client service. We believe that an understandable strategic design, based upon the unique needs of the client, is essential for nourishing long-term investing success. We manage portfolios primarily utilizing individual common and/or preferred stocks, as well as fixed income securities where appropriate. We steadfastly believe in the importance of full disclosure, clear transparency, and the harmonious alignment of our interests with our client’s.

Disclosure

Securities offered through Hightower Securities, LLC member FINRA/SIPC. Hightower Advisors, LLC is a SEC registered investment advisor.

Hightower Advisors is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC (member FINRA and SIPC). Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC.

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