HighTower Closes Year with Addition of Feinberg Stein Group to Growing List of Platform Clients

Fourteen total transitions yield more than $5 billion in new assets for 2015

Dec 21, 2015, 09:00 ET from HighTower

CHICAGO, Dec. 21, 2015 /PRNewswire/ -- HighTower announces that The Feinberg Stein Group has selected HighTower's Platform offering to drive the growth of their independent business. The team is based in Los Angeles and operates a second office in Chicago. Previously with Morgan Stanley, The Feinberg Stein Group manages $450 million under the leadership of Founders Joseph W. Feinberg and Tamara M. Stein.

"The HighTower Platform is the premier destination for top-tier advisors who aspire to launch and grow an independent business," said Michael Parker, Chief Development Officer at HighTower. "Teams like The Feinberg Stein Group derive tremendous value from belonging to an elite and exclusive community of their peers that provides unparalleled infrastructure and services to fuel growth."

The HighTower Platform combines the firm's award-winning Blueprint for Growth practice management tools with sophisticated investment solutions, compliance, transitions, IT and back-office services to accelerate growth and mitigate the risks of running an independent business.

The Feinberg Stein Group works with private clients, families, corporate and non-profit institutions to accumulate and preserve wealth, and specializes in serving clients in the legal industry. Mr. Feinberg focuses primarily on philanthropic and non-profit investing, estate planning strategies and after-tax return on investing. Ms. Stein specializes in high-net-worth investment strategies, including wealth preservation and transfer. She also works with non-profit investors looking to make a positive impact through philanthropy and advises clients nearing or beginning their retirement.

"HighTower aligns our practice with the collective wisdom of our industry's strongest performers," said Mr. Feinberg. "The ability to take advantage of HighTower's vast resources and elite community while maintaining ownership of the practice is a win-win situation not just for Tamara and me, but most importantly, for our clients."  

For media inquiries, please contact Melinda Brodbeck, Jennifer Connelly Public Relations (JCPR), at 973-850-7348 or mbrodbeck@jcprinc.com.

About HighTower

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.

Melinda Brodbeck
Jennifer Connelly Public Relations
973-850-7348                                                                          
mbrodbeck@jcprinc.com

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