CHICAGO, April 18, 2017 /PRNewswire/ -- HighTower announces the launch of HighTower Buffalo. The team was previously known as National Wealth Management at Wells Fargo and manages $175 million in assets. National Wealth Management co-founders Thomas Volpini and Derek Bock will lead the HighTower Buffalo team as Senior Managing Director, Private Wealth Advisor and Managing Director, Private Wealth Advisor, respectively.
"HighTower supports financial advisors who share our steadfast commitment to putting clients' best interests first," said Elliot Weissbluth, CEO, HighTower. "Regardless of how a team affiliates with HighTower, the core of our innovative business model is a culture, brand and platform where fiduciary-minded advisors like Tom and Derek can thrive."
Prior to co-founding National Wealth Management in 2003, Mr. Volpini was a vice president and senior financial advisor at Fleet Bank. He began his career as a financial advisor at John Hancock. An expert in the complex wealth management needs of ultra-high-net-worth individuals, including professional athletes and corporate executives, Mr. Volpini delivers knowledgeable guidance and lifestyle management services with an emphasis on confidentiality.
Mr. Bock has 16 years of experience in the financial services industry. He was also a senior financial advisor at Fleet Bank before co-founding National Wealth Management. Mr. Bock specializes in working with business owners to help them create goals-oriented investment plans, enhance business valuation and prepare for a liquidity event.
"We conducted a rigorous search for a financial services firm that embraced the fiduciary standard and empowered us to deliver sophisticated planning advice, portfolio management and an impeccable service experience," said Mr. Volpini. "HighTower is that firm, and we're very excited to introduce our team and clients to the HighTower community."
After adding a record-breaking number of new teams in the first quarter, HighTower recently announced its intent to acquire WealthTrust, which includes $6.4 billion in client assets nationwide. The transaction is the largest in HighTower's history, bringing the company's total client assets to nearly $46 billion—an almost four-fold increase in less than four years.
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HighTower is a national firm built by and for elite financial advisors. HighTower advisors commit to the fiduciary standard: a binding promise to put our clients' interests first. Powered by a proprietary technology and investment platform, HighTower embraces bold change to create a culture of collaboration and growth and to meet the evolving needs of sophisticated investors. For more information, see www.hightoweradvisors.com and www.byadvisorsforadvisors.com.
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