Hightower has just announced a strategic investment in Lindbrook Capital, a financial planning and wealth management practice managing around $3.8 billion in assets. With offices in key locations like Los Angeles and New York City, Lindbrook is known for its highly customised investment management services aimed at affluent families and individuals.
Hightower’s Chairman and CEO, Bob Oros, expressed excitement about the partnership, citing a long-standing relationship with Lindbrook’s leadership. Lindbrook, led by Managing Partners Benjamin Posen and Tyler Dritz, is looking to preserve its culture while benefiting from Hightower’s infrastructure and resources.
Key Points
- Hightower’s investment marks its first strategic move in 2025.
- Lindbrook Capital offers highly tailored investment management to affluent clients.
- The partnership aims to enhance operational efficiency while maintaining client autonomy.
- Hightower supports advisory businesses with growth resources, including compliance and marketing.
- Hightower’s advisor community spans over 140 advisory firms, managing approximately $168 billion in total assets.
Why should I read this?
If you’re in the finance and wealth management sphere or just curious about the latest movements in the industry, this article is a goldmine. By understanding Hightower’s strategic shift and its partnership with Lindbrook, you get a glimpse of emerging trends and opportunities in wealth management. Plus, it’s all about the big players making waves—don’t miss out on the details!