BA
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Blair Anderson

34 Years of Experience
Traverse City, MI
1 DisclosureBroker

Blair Anderson is a registered investment advisor at Hightower Advisors, LLC, based in Traverse City, MI, with 34 years of industry experience. Blair is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 9 more. Their firm serves 64,035 clients with $200B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1044 advisors
Number of Clients
64,035 clients
Average Client Portfolio
$3.1M average
Assets Under Management
$198.6B

Fee Structure

Planning is included in investment management (also available separately)

Hightower Advisors charges fees that vary depending on the specific advisor and service used, typically calculated as a percentage of your portfolio. Fees may be structured as a flat percentage or through tiered rates where the percentage changes based on the size of your investments. Fees are generally billed quarterly or monthly, either in advance or in arrears. Specific fee schedules, minimum account sizes, and minimum annual fees are determined by individual advisor practices.

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Location

10850 E. Traverse Hwy, Suite 3350, Traverse City, MI, 49684

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
August 2010
Settled
Other Business Activities

Blair is a managing partner at KB Group & Midwest Storage, a management company for storage facilities, since 2018. Blair spends a few hours per week on this activity.

Employment History
Current Registrations
Hightower Advisors, LLC
February 2009 - Present · 17 yrs 8 mos
Hightower Securities, LLCBroker
February 2009 - Present · 17 yrs 8 mos
Previous Registrations
UBS Financial Services INC.
February 2006 - March 2009 · 3 yrs 1 mo
UBS Financial Services INC.Broker
December 1998 - March 2009 · 10 yrs 3 mos
Prudential Securities IncorporatedBroker
August 1992 - December 1998 · 6 yrs 4 mos
Painewebber IncorporatedBroker
June 1992 - July 1992 · 1 mo
State Registrations6 states
ILINMIMONJSC
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.
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