What is Hightower?
Hightower Advisors stands as one of the nation's leading Registered Investment Advisor (RIA) firms, built upon a foundation of robust relationships between its forward-thinking home office and its growth-oriented advisor community. The firm is dedicated to advancing financial literacy, with a particular focus on next-generation advisors and clients. Hightower's core mission is to empower its advisory firms to foster a more financially informed world, positioning itself as a catalyst for positive change in the financial services landscape. This commitment to innovation and client empowerment drives its market strategy.
How much funding has Hightower raised?
Hightower has raised a total of $340M across 4 funding rounds:
Private Equity
$100M
Private Equity
$100M
Unspecified
$40M
Other Financing Round
$100M
Private Equity (2010): $100M with participation from Asset Management Finance
Private Equity (2011): $100M led by DLB Capital
Unspecified (2012): $40M, investors not publicly disclosed
Other Financing Round (2014): $100M featuring BMO Harris Bank and PNC Financial Services Group
Key Investors in Hightower
DLB Capital
DLB Capital is a global investment and advisory firm that focuses on underserved industries, particularly investing in start-ups and early-stage companies. Their involvement suggests a strategic interest in Hightower's growth potential and market positioning.
Asset Management Finance
Asset Management Finance, associated with DLB Capital, likely provides specialized financial backing for asset management firms. Their participation indicates confidence in Hightower's operational model and future revenue streams.
BMO Harris Bank
BMO Harris Bank, a significant financial institution, offers a broad range of banking and financial services. Their investment in Hightower points to a strategic partnership aimed at leveraging Hightower's expertise in wealth management and advisory services.
What's next for Hightower?
With substantial enterprise-level capital infusion, Hightower is strategically positioned for accelerated growth and enhanced service offerings. The company's focus on next-generation advisors and clients, coupled with its commitment to financial literacy, suggests a future investment in technology and talent development. This funding will likely enable Hightower to expand its reach, refine its advisory platforms, and further solidify its reputation as a leader in the evolving financial advisory market. The company's emphasis on empowering its advisor community indicates a continued strategy of organic growth and partnership development.
See full Hightower company page
