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
Website: hightoweradvisors.com
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.