Hightower Sees Emerging Opportunity in Acquiring IBD Advisors
Hightower Sees New Opportunity in IBD-Affiliated Firms Hightower has already made two acquisitions of firms sitting at independent broker/dealers, and CEO Bob Oros expects it to be an area of growth for the firm going forward. While Chicago-headquartered Hightower’s core strategy continues to be acquiring standalone registered investment advisors, the firm has recently made a foray into the independent broker/dealer channel, and CEO Bob Oros expects it to be a complementary area of growth for the firm going forward. The move would certainly expand the universe of potential acquisitio...
Source: wealthmanagement.com