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Hugh Anderson

44 Years of Experience
Chicago, IL
Broker

Hugh Anderson is a registered investment advisor at Hightower Advisors, LLC, based in Chicago, IL, with 44 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 56,418 clients with $160B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1028 advisors
Number of Clients
56,418 clients
Average Client Portfolio
$2.9M average
Assets Under Management
$164.8B

Fee Structure

Hightower Advisors offers investment management services where fees are negotiable and can be calculated as a percentage of your portfolio. The percentage can be a flat rate, tiered based on asset levels, or tiered floating. Fees are typically deducted from your account and can be charged either in advance or after the service is provided, calculated quarterly or monthly. Some advisors may adjust fees based on significant deposits or withdrawals during the billing cycle. The firm may also household accounts for price breaks.

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Location

200 W. Madison St., Suite 2500, Chicago, IL, 60606

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Hugh is a general partner at HDIII L.P. since 1994, managing investments related to estate planning, but spends minimal time on this activity.

Employment History
Current Registrations
Hightower Securities, LLC
August 2012 - Present · 13 yrs 9 mos
Hightower Advisors, LLC
August 2012 - Present · 13 yrs 9 mos
Hightower Securities, LLCBroker
August 2012 - Present · 13 yrs 9 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
June 1987 - September 2012 · 25 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 1981 - September 2012 · 31 yrs 1 mo
State Registrations3 states
CAFLNV
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.