Hightower, the Chicago-based registered investment advisory firm, has made an investment in Frontier Investment Management, a Dallas, Texas-based RIA managing $3.3 billion.
The addition of Frontier, the details of which were not disclosed in a press release announcing the investment, brings Hightower’s assets under management to $56.7 billion.
Founded in 1994, Frontier has three offices in Texas — Dallas, Houston and Austin — as well as offices in New Orleans, Louisiana; Denver, Colorado; San Ramon and San Diego, California; Scottsdale, Arizona; and St. Petersburg, Florida. It is led by Principals Brian Hattendorf, Richard Sowden and Gary Schoen, and employs 42.
Hightower now has 108 advisory businesses in 33 states.
Nine-month electronic trading freeze and share lending program at the center of dismissed claim.
Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.
With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.
Professional athletes are often targets of scam artists and are particularly vulnerable to fraud.
The brokerage giant tells Wall Street it will use artificial intelligence to reach clients it has never been able to serve — and turn the technology's perceived threat into a competitive edge.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
