CHICAGO, Oct. 3, 2017 /PRNewswire/ -- HighTower ranks number 37 on the Barron's Penta list of the Top 40 Wealth Management Firms. On average, asset growth between 2016 and 2017 at the top 40 firms was a "blistering" 19%, according to Barron's Penta. HighTower surpassed the overall average with a 33% increase in asset growth since last year.
"The HighTower community is made up of elite professionals who share a commitment to serving the best interests of the client as opposed to pushing the sale of proprietary products," said Elliot Weissbluth, CEO of HighTower. "Our rapid growth over the past year is proof that clients—particularly in the high and ultra-high net worth categories—recognize the value of this approach."
Other 2017 awards and rankings that feature HighTower and its advisors include: Barron's Top 1200 Advisors by State, Top 100 Financial Advisors, Top 100 Women Advisors, and Top 100 Independent Advisors; the Crain's Chicago Fast 50; the Financial Times' FT 300; Forbes' America's Top Women Advisors and America's Top Wealth Advisors; the Inc. 5000 list of the fastest-growing private companies in America; and On Wall Street's 40 Under 40.
Barron's Penta provides insights and advice for families with assets of $5 million or more. The Top 40 Wealth Management Firms are ranked according to criteria including U.S. private-client AUM, number of wealth managers and clients per manager, number of U.S. branch offices and more. To see the full list, visit http://online.wsj.com/public/resources/documents/Top40WealthManagementFirms2017.pdf.
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.
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