“They're well-positioned. “hey're in a sweet spot in that they're an RIA model and they have reached a critical mass to operate in a robust manner."
Alois Pirker, research director, Aite Group |
Summary: HighTower Advisors added a record eight teams during the first half of the year, attracting $2.54 billion in assets by either buying advisory businesses or folding them into a platform where owners give up a portion of revenue for services in technology, investment research and compliance.
“They're well-positioned. “hey're in a sweet spot in that they're an RIA model and they have reached a critical mass to operate in a robust manner."
Alois Pirker, research director, Aite Group |
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