Hightower Advisors, LLC

RIASEC RegisteredEst. 2008
Total AUM
$199B
Discretionary
$190B
96% of AUM
Avg account
$902K
Accounts
220,222
Employees
1,983
Advisory reps
1,054

Firm details

Headquarters
Chicago, Illinois
CRD number
145323
Registered since
October 3, 2008
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC., PERSHING LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types
  • HNWI79.28%
  • Individuals10.83%
  • Corporations / Businesses7.95%
  • Charitable Organizations1.4%
  • Pension & Profit Sharing Plans0.4%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Hightower Advisors, LLC is an independent registered investment adviser that operates as a capital allocator to both high-net-worth individuals/families and institutional clients. The firm, SEC-registered in 2008, offers a mix of fee models (percentage of AUM, hourly, fixed and other arrangements) and delivers services that include financial planning, discretionary portfolio management for individuals, pooled vehicles and institutions, pension consulting, and selection of third‑party advisers. Hightower describes itself as an allocator that sources external managers and also sponsors pooled investment vehicles. The firm has been recognized repeatedly in industry rankings, including multiple appearances on Barron’s Top 100 RIA list (2021–2025), placement in the Financial Times Top 300 (2020), and mentions from Forbes, Citywire and AdvisorHub in recent years.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 41%, Exchange Traded Equities 30%, Cash & Cash Equivalents 7%, US Government Bonds 6%, State & Local Bonds 6%, Investment Grade Corp Bonds 5%, Private Funds 5%41%
  • Public Funds/Mutual Funds41%
  • Exchange Traded Equities30%
  • Cash & Cash Equivalents7%
  • US Government Bonds6%
  • State & Local Bonds6%

Owners & executives

3 of 61
  • Matthew Harris

    Matthew Harris

    Chief Investment OfficerCRD 5072932

  • Samantha Waters

    Samantha Waters

    Partner and COOCRD 5090506

  • Jake Falcon

    Jake Falcon

    Founder and CEO, Wealth AdvisorCRD 5100438

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Contacts

3 of 993
  • Danielle Margulis

    Danielle Margulis

    Lead Financial PlannerCRD 5643629

  • Laurie Adams

    Laurie Adams

    Wealth Advisor, Managing DirectorCRD 5650164

  • Pamela Stearns

    Pamela Stearns

    Wealth AdvisorCRD 5656401

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 1,847

Active vs passive

$56.6B in ETFs

Passive

76%

$43.1B

Active

19%

$13.5B

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$2.5B3,272,0354.33%

Location

Primary office

Chicago, IL

Cook

Location

Chicago, IL

Headquartered in Chicago, IL, anchoring the Chicago-Naperville, IL-IN-WI metro in the Midwest.

Metro area
Chicago-Naperville, IL-IN-WI
Region
Midwest
County
Cook
Address
200 W Madison St
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth