CHICAGO–(BUSINESS WIRE)–Hightower has officially appointed Larry Restieri as its new Chief Executive Officer, taking over from Bob Oros. This transition marks a significant shift in the firm’s leadership, with Restieri bringing a wealth of experience from his previous roles, including CEO of Goldman Sachs’ Ayco.
Key Points
- Larry Restieri has been announced as the new CEO of Hightower, succeeding Bob Oros.
- Restieri was previously the CEO at Ayco, a division of Goldman Sachs, specialising in financial planning services.
- Oros, who led the firm since 2019, will remain on the Board for strategic continuity.
- Restieri aims to enhance operational excellence and scalability at Hightower for better results for clients and advisors.
- As of March 31, 2025, Hightower manages approximately $308.2 billion in assets across 144 advisory practices.
Why should I read this?
This article is a must-read for anyone interested in the financial services industry! With Larry Restieri at the helm, Hightower is poised for growth and innovation. Whether you’re an investor, a financial advisor, or just curious about corporate leadership changes, this transition is poised to impact many. So, get the scoop on how this shift could reshape the future of wealth management!