 Raymond James certainly has dominated the multichannel approach,” Mr. Pirker said. “That's clearly where HighTower is headed as well in that this is clearly not a monolithic model.”Michael Parker, national director, HighTower. |
Will HighTower be the next Raymond James?
Mason Braswell | InvestmentNews, May 2014
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Summary: Fresh off of adding a new platform earlier this year, HighTower Advisors chief executive Elliott Weissbluth now compares the firm's growing reach to perhaps an unlikely rival — Raymond James Financial Inc. HighTower launched its Alliance platform in early March. The fee-for-service offering allows firms such as credit unions or registered investment advisers to rent HighTower's compliance, back office and technology platforms.
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