News & Insights
CHICAGO, Aug. 16, 2017 /PRNewswire/ — HighTower was named one of the fastest-growing private companies in America for 2017 by Inc. magazine. HighTower appears on every Inc. 5000 list since 2012.
“The financial services industry is undergoing a massive shift, with consumers demanding alternatives to traditional broker models riddled with conflicts of interest,” said HighTower CEO Elliot Weissbluth. “We saw this shift coming ten years ago when we started HighTower. Our ongoing, rapid growth reflects the strength and vision of that prediction.”
Inc. ranks applicants according to percentage growth of their annual revenues over a 3-year period. As a 6-time honoree, HighTower belongs to the Inc. Honor Roll: a select group of companies made up of Inc. 5000 honorees that have made the list for 6 or more years. Less than 10% of Inc. 5000 honorees—already a select group—have achieved this milestone.
“We are deeply proud of the HighTower community and honored to again be in the prestigious company of the Inc. 5000,” added Mr. Weissbluth.
2017 is the strongest year of growth in HighTower’s history. The firm completed a total of 21 transactions in the first 6 months of the year. This includes financial advisor teams acquired as part of WealthTrust, HighTower’s largest acquisition ever, announced in April. The new teams and advisors added so far this year bring more than $10 billion in client assets to HighTower, with the firm’s total client assets now approaching $50 billion—a 27% increase since the beginning of 2017.
To view the full Inc. 5000 list of the fastest-growing private companies in America, visit https://www.inc.com/inc5000/list/2017.
HighTower is reshaping the financial services industry from the inside out. As one of the nation’s largest Registered Investment Advisors (RIAs) dedicated to providing advice, not selling a product, we are a relentless champion of the fiduciary standard. We believe that the wealth management industry can and should do a better job of serving the needs of individual investors and their financial advisors. We built HighTower upon a commitment to put our clients’ best interests first. For the 6th consecutive year, HighTower ranks on the Inc. 5000 list of the fastest-growing companies in America (2012 – 2017). For more information, see www.hightoweradvisors.com and www.byadvisorsforadvisors.com.
HighTower Advisors is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.
This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.
All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.
This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.