Hightower Advisors

Hightower serves a broad client mix that includes individuals (including high net worth clients), retirement plans, charitable organizations, corporations and a range of institutional clients. The brochure describes discretionary portfolio management delivered through an Advisor Directed wrap program and access to Managers, pooled vehicles and other advisory services provided by Hightower’s network of Advisor Practices.

Advisors collaborate with clients to design portfolios aligned with stated objectives, risk tolerance and tax considerations, using Investment Solutions’ proprietary fundamental and quantitative analysis, allocations to affiliated and third‑party Managers, and a mix of equities, fixed income, ETFs, mutual funds and alternative investments. The firm emphasizes ongoing monitoring and periodic reviews (at least annually), and the materials describe both strategic and tactical asset allocation approaches as well as the ability to hire sub‑advisors or OCIO resources such as NEPC.

The brochure discloses several features that distinguish Hightower from many enterprise peers: an affiliated broker‑dealer (Hightower Securities) that sells insurance and facilitates commission‑based business and other transaction compensation, affiliated trust, tax and service companies, and arrangements that include sub‑advisory roles, revenue‑sharing with managers and participation in programs such as a Goldman Sachs intermediary loan referral and the StoneCastle FICA cash management program. It also expressly lists banks, other financial institutions and registered investment advisers among its client types and describes affiliations and sub‑advisory relationships that support serving other advisers and complex institutional clients.