Summary: HighTower Advisors, a hybrid advisory firm whose trajectory has been closely followed as a barometer for success of the independent model, made a presentation last week on taking the firm public, according to sources who requested anonymity because they did not have permission to speak publicly.
 The reality for any business that takes in private equity is that you have to give the capital back. I'm a little amused by everybody's fascination with this topic because to me it's just going from one kind of capital to another.”Elliot Weissbluth, chief executive, HighTower Advisors. |
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