Hightower Acquires $3.3B Capital Management Group of New York
Capital Management Group of New York, with $3.3 billion AUM, represents Hightower’s first ‘strategic investment’ of 2024.
Source: wealthmanagement.com
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Hightower Faces Layoffs As Firm Touts "Strategic Realignment"
The news of employees being let go at the Hightower follows reports last week that Orion and advisor tech firm Envestnet also faced layoffs.
Source: wealthmanagement.com
Hightower acquires Wealth CMT for Fairport Wealth | Crain's Cleveland Business
The deal marks the fifth acquisition for Fairport since it joined the Hightower Advisors platform in 2017.
Source: crainscleveland.com
RIA Roundup: Hightower Adds CPA Firm in Latest Deal
Hightower has added a subsidiary tax practice, while no less than five other deals were announced this week and new execs were named.
Source: wealthmanagement.com
RIA Roundup: Cetera Buys 1st Pure RIA, The Retirement Planning Group
Cetera announced its 1st non-hybrid RIA acquisition, Hightower and Wealthspire added a billion dollars and Mercer, Kestra and tru Independence announced deals.
Source: wealthmanagement.com