Hightower Advisors has named Scott Hadley as its first chief advisory officer, part of a broader expansion of its executive team as the national RIA continues to grow its advisor network and capabilities.
Hadley, who most recently led RIA Solutions at Osaic, will oversee advisor engagement, strategic growth initiatives, and practice management support at Hightower as part of the newly created role.
He brings nearly two decades of industry experience, including a lengthy tenure of more than 17 years at Goldman Sachs, where he previously worked with Hightower’s chief executive, Larry Restieri, who officially became CEO in June to succeed Bob Oros.
Restieri, who took the helm at Hightower after more than 20 years at Goldman Sachs, said Hadley’s appointment reflects the firm’s focus on supporting its advisor community.
“Scott Hadley brings a fresh, advisor-first perspective to our field engagement model, and underscores our continued commitment to supporting outsized growth for our advisors,” Restieri said in a statement Tuesday. “Scott’s addition reflects the momentum we are seeing across our community and the future vision of Hightower.”
The firm also announced two other leadership changes. Scott Holsopple has been named chief strategy officer, responsible for enterprise strategy, mergers and acquisitions, and shaping Hightower’s value proposition for both clients and advisors. Jenn Anderson has been promoted to chief marketing officer, overseeing enterprise marketing, communications, and brand initiatives.
Hightower’s latest appointments come as the firm continues to expand its national footprint. The company now counts 144 advisory practices across 34 states and the District of Columbia, with approximately $308.2 billion in assets under management between the firm and its affiliates as of March 31.
Recent acquisitions have contributed to that growth. In May, Hightower announced a strategic stake in Lindbrook Capital, a bicoastal RIA with $3.8 billion in assets under management and offices in Los Angeles, Calabasas, and New York City. The following week, the firm made another strategic investment in Smith Anglin, a Dallas-based RIA specializing in retirement planning and tax services for aviation industry clients.
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