Hightower, a Chicago-based registered investment adviser, has taken a stake in Argent Wealth Management, a $1.7 billion RIA based in Waltham, Massachusetts. The deal is Hightower’s seventh transaction so far this year, following Tuesday's announcement that it had taken a stake in North Carolina-based Stearns Financial Group.
Founded in 1992, Argent has 22 employees, including 11 advisers. The transaction, the terms of which were not disclosed, is expected to close in the fourth quarter.
The top-ranked RIA by total AUM continues to scale its wealth management arm, bringing its Pennsylvania presence to five offices.
The Reddit trading community's formal comment letter against the proposal is drawing widespread attention across finance and tech circles.
Chicago Partners Wealth Advisors is helping shape the platform's product roadmap after switching from a legacy system.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
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
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
