HighTower Advisors

About HighTower Advisors

Hightower Advisors is a financial advisory firm that provides support to over 128 elite financial advisory businesses across 34 states in the United States. Founded in 2008, the company has grown significantly, winning awards for innovation, growth, and leadership. Hightower Advisors' primary focus is on helping its clients define and achieve their personal definitions of success, whether that's leaving a philanthropic legacy, ensuring the financial security of their family, or fulfilling a bucket list of travel destinations.

The company serves a diverse range of clients, but primarily targets successful wealth management firms with a strong history of building client relationships and a forward-looking vision. Hightower Advisors offers these firms resources to support their expansion, back-office scalability, and succession planning, among other things. The company's business model is based on forming partnerships with these firms, allowing them to continue managing their businesses as part of a collaborative community.

Hightower Advisors operates in the financial advisory market, a sector characterized by a high level of competition and stringent regulatory requirements. The company distinguishes itself by acting as a fiduciary, meaning it always puts the interests of its clients first. This focus on client goals and portfolios, rather than quotas or sales targets, has helped Hightower Advisors establish a reputation for client-centric service.

The company generates revenue through the fees it charges for its advisory services. These fees are typically based on a percentage of the assets under management, providing a steady stream of income as long as clients remain with the firm.