CHICAGO, Oct. 5, 2017 /PRNewswire/ -- HighTower announces the launch of True Wealth Advisory Group under the leadership of Founder and CEO Marc Shachtman. The Miami-based practice was previously with J.P. Morgan and manages $500 million in assets.
"HighTower advisors share our passionate commitment to putting the client's needs first," said Kimberly Papedis, Managing Director, Head of National Sales & Platform Strategy at HighTower. "Marc and the team at True Wealth Advisory Group exemplify the integrity and dedication that are hallmarks of the HighTower community."
Prior to the creation of True Wealth Advisory Group, Marc served as Executive Director and Senior Banker at J.P. Morgan Private Bank. There, he led an integrated team of specialists who advised clients on their complex wealth management needs, including investments, wealth transfer strategies and lending. He also served as a Banker Team Lead for the Miami market, mentoring a team of colleagues, and was a member of the J.P. Morgan U.S. Private Bank Advisory Council which solicits feedback and ideas that help address local and global business challenges and shape Private Bank priorities nationally. Prior to joining J.P. Morgan, Marc was a Vice President in the Investment Management Division at Goldman, Sachs & Co. in Miami where he advised ultra-high net-worth-clients and led a training program for summer associates.
"The HighTower platform caters to our specialized needs as financial advisors and independent business owners," said Mr. Shachtman. "Affiliating with HighTower was unequivocally the right choice for our team and our clients."
HighTower is reshaping the financial services industry from the inside out. As one of the nation's largest Registered Investment Advisors (RIAs) dedicated to providing advice, not selling a product, we are a relentless champion of the fiduciary standard. We believe that the wealth management industry can and should do a better job of serving the needs of individual investors and their financial advisors. We built HighTower upon a commitment to put our clients' best interests first. For the 6th consecutive year, HighTower ranks on the Inc. 5000 list of the fastest-growing companies in America (2012 – 2017). For more information, see www.hightoweradvisors.com and www.byadvisorsforadvisors.com.