Hightower Bellevue merges with local $350 million RIA

Sovereign Wealth Advisors has been providing wealth management and financial guidance across the Pacific Northwest for more than 30 years.

Sovereign Wealth Advisors, a registered investment adviser in Bellevue, Washington, managing $350 million, has merged with Hightower Bellevue, a unit of Chicago-based Hightower. Together, the two same-town firms, which will operate under the Hightower Bellevue name, will manage $1 billion.

Terms of the transaction, facilitated by Hightower, were not disclosed.

The Sovereign Wealth leadership team includes Scott Sheffield, Tara Johnson and Sharon Lailey.

Sovereign Wealth has been providing wealth management and financial guidance across the Pacific Northwest for more than 30 years, specializing in financial and retirement income planning, investment and tax management and estate planning, Hightower said in a press release Monday.

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