CHICAGO, Aug. 12, 2015 /PRNewswire/ -- For the fourth year in a row, Inc. magazine named HighTower to its Inc. 5000 list of the fastest-growing private companies in the U.S.
Inc.'s list honors privately held and independent U.S.-based companies that demonstrate outstanding annualized growth. HighTower was founded in 2008 and today encompasses over 400 employees in over 40 offices across 20 states. Nine elite advisor practices have transitioned to HighTower in 2015. The firm also increased its revolving credit facility to $150 million earlier this year to finance ongoing growth.
"At HighTower, growth is a pillar of our culture," said Elliot Weissbluth, CEO of HighTower. "HighTower teams experience an average year-over-year growth rate of more than twice the industry average, and the independent financial advisory business continues to display strong momentum."
The Inc. 5000 compilation will appear in the September 2015 print issue of Inc. magazine. The feature is available online at http://www.inc.com/inc5000/.
Companies must have begun earning revenue by March 31, 2011 to be eligible for Inc. 5000 inclusion. They are also required to have generated revenue of at least $100,000 in 2011 and $2 million in 2014.
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HighTower is an industry-leading financial services firm offering a unique platform that blends objective wealth management advice with innovative technology. Our dedication to transparency in wealth management for investors and comprehensive support for independent advisors sets us apart. See www.hightoweradvisors.com.