News & Insights

HighTower Ranks on Barron's Penta List of Top 40 Wealth Management Firms

by HighTower on October 03, 2017

CHICAGO, Oct. 3, 2017 /PRNewswire/ — HighTower ranks number 37 on the Barron’s Penta list of the Top 40 Wealth Management Firms. On average, asset growth between 2016 and 2017 at the top 40 firms was a “blistering” 19%, according to Barron’s Penta. HighTower surpassed the overall average with a 33% increase in asset growth since last year.

“The HighTower community is made up of elite professionals who share a commitment to serving the best interests of the client as opposed to pushing the sale of proprietary products,” said Elliot Weissbluth, CEO of HighTower. “Our rapid growth over the past year is proof that clients—particularly in the high and ultra-high net worth categories—recognize the value of this approach.”

Other 2017 awards and rankings that feature HighTower and its advisors include: Barron’s Top 1200 Advisors by State, Top 100 Financial Advisors, Top 100 Women Advisors, and Top 100 Independent Advisors; the Crain’s Chicago Fast 50; the Financial Times’ FT 300; Forbes’ America’s Top Women Advisors and America’s Top Wealth Advisors; the Inc. 5000 list of the fastest-growing private companies in America; and On Wall Street’s 40 Under 40.

Barron’s Penta provides insights and advice for families with assets of $5 million or more. The Top 40 Wealth Management Firms are ranked according to criteria including U.S. private-client AUM, number of wealth managers and clients per manager, number of U.S. branch offices and more.

To see the full list, visit http://online.wsj.com/public/resources/documents/Top40WealthManagementFirms2017.pdf.

About HighTower

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.

Melinda Brodbeck
JConnelly
973-850-7348
mbrodbeck@jconnelly.com

SOURCE HighTower

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# Barron's Elliot Weissbluth Penta list Top 40 Wealth Management Firms.

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.