Hightower Advisors offers comprehensive investment management, financial planning, and consulting services to individuals and institutions. Operating through a nationwide network of advisor practices, Hightower Advisors builds personalized investment portfolios tailored to each client's specific goals, risk tolerance, and tax situation. Portfolios may include individual stocks, bonds, mutual funds, exchange-traded funds, and alternative investments. Clients can choose between discretionary services, where Hightower Advisors manages investments on their behalf without prior consultation for every trade, or non-discretionary services, where client approval is required for transactions. Additionally, Hightower Advisors provides financial planning, retirement plan consulting, and access to specialized third-party and affiliated investment managers. The firm serves a diverse client base, including individuals, families, businesses, and retirement plans, leveraging institutional research and resources to deliver customized wealth management solutions.
Fee Structure
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.