Hightower, a Chicago-based firm managing $118 billion, has taken a stake in Grant Tani Barash & Altman, a Los Angeles-based business management firm that provides clients with personal chief financial officer services, including bookkeeping and accounting, bill payment and tax preparation.
Terms of the investment were not disclosed.
The arrangement will give Hightower advisers access to business management and family office services for their clients and their families.
With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.
Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
