News & Insights
Elliot Weissbluth, Founder & CEO of HighTower, discusses HighTower’s origins, the state of the financial services industry and the importance of upholding the fiduciary standard.
He explains that the HighTower model was designed to provide the sophistication of large wirehouse firms and a structure that helps advisors adhere to the fiduciary standard by removing inherent conflicts of interests.
“Despite the thousands of pages that the DOL, the SEC and people write about [[the fiduciary standard]], it’s a very simple concept,” Weissbluth says, “the interest of the client comes first.”
Click below to listen to the Bloomberg Radio interview.
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