{ "crd_number": 145323, "slug": "hightower-advisors-llc-chicago-il-145323", "primary_business_name": "HIGHTOWER ADVISORS, LLC", "legal_name": "HIGHTOWER ADVISORS, LLC", "dbas": [ "2/13 STRATEGIC PARTNERS", "6 MERIDIAN", "ALEXANDRIA CAPITAL", "ALINE WEALTH MANAGEMENT", "ALTIUM WEALTH MANAGEMENT", "ARGENT WEALTH MANAGEMENT", "BEL AIR INVESTMENT ADVISORS", "BICKLING FINANCIAL SERVICES", "BLANKE SCHEIN WEALTH MANAGEMENT", "BLUEROCK WEALTH MANAGEMENT", "CAPITAL MANAGEMENT GROUP | OF NEW YORK", "CHARLES D. HYMAN & COMPANY", "CLARITY POINT FINANCIAL PARTNERS", "CLEAR PERSPECTIVE ADVISORS", "COGNETIC CAPITAL ADVISORS", "CREST CAPITAL ADVISORS", "D3 WEALTH PARTNERS", "DECHTMAN WEALTH MANAGEMENT", "EGAN WEALTH ADVISORS", "FALCON WEALTH ADVISORS", "FARR, MILLER AND WASHINGTON", "FEINBERG STEIN FINANCIAL SERVICES", "FINANCIAL PLANNING AND INFORMATION SERVICES", "FINANCIAL PRINCIPLES", "FISCHER STRALEM ADVISORS", "GREEN SQUARE WEALTH MANANGEMENT", "HIERAX WEALTH PARTNERS", "HIGHLAND PRIVATE WEALTH MANAGEMENT", "HIGHTOWER AUSTIN", "HIGHTOWER BELLEVUE", "HIGHTOWER BETHESDA", "HIGHTOWER BUFFALO", "HIGHTOWER FORT MYERS", "HIGHTOWER LAKEWATER", "HIGHTOWER LAS VEGAS", "HIGHTOWER NAPLES", "HIGHTOWER OMAHA", "HIGHTOWER SIGNATURE WEALTH", "HIGHTOWER TEXAS", "HIGHTOWER WESTCHESTER", "HILL WEALTH MANAGEMENT", "HUMMER MOWER ASSOCIATES", "INVESTMENT SECURITY GROUP", "LANDSBERG BENNETT PRIVATE WEALTH MANAGEMENT", "LCK WEALTH MANAGEMENT", "LINDBROOK CAPITAL", "LK WEALTH & ASSET MANAGEMENT", "LOURDMURRAY", "LRG WEALTH ADVISORS", "LYON WEALTH MANAGEMENT, INC.", "MEYER CAPITAL GROUP", "MORGIA WEALTH MANAGEMENT", "MORSE, TOWEY, WHITE & HOFFMAN", "MURRAY WEALTH MANAGEMENT", "NATOMA WEALTH", "NUCLEUS ADVISORS", "ONEARC CAPITAL ADVISORS", "OSBORN, WILLIAMS, & DONOHOE", "PDS WEALTH MANAGEMENT", "PRESIDIO WEALTH PARTNERS", "RESOLUTE INDEPENDENT ADVISORS", "RESOURCE CONSULTING GROUP", "RJ WEALTH MANAGEMENT", "ROSE ADVISORS", "SCHULTZ COLLINS", "SHAFFER WEALTH MANAGEMENT", "SILLER & COHEN", "SIMMONS INVESTMENT ADVISORS", "SMITH ANGLIN FINANCIAL", "STRATA WEALTH PARTNERS", "SYNERGY CAPITAL SOLUTIONS", "TEAK TREE CAPITAL MANAGEMENT", "TEN CAPITAL WEALTH ADVISORS", "THE BAHNSEN GROUP", "THE DEGGELMAN/PARKER GROUP", "THE DILLIG GROUP", "THE HAUSBERG GROUP", "THE KELLY & WOHLNER GROUP", "THE LERNER GROUP", "THE MCGUIRK & DE NEVI GROUP", "THE OTTO GROUP", "THE RAND GROUP", "TREASURY PARTNERS", "TWICKENHAM ADVISORS", "VIGILANT WEALTH MANAGEMENT", "VWG WEALTH MANAGEMENT", "WB WEALTH MANAGEMENT", "WEALTHTRUST ADVISORS", "WHITE PINE WEALTH MANAGEMENT", "WOLF-COLLINS WEALTH MANAGEMENT" ], "city": "Chicago", "state": "IL", "country": "United States", "cbsa_code": "16980", "metro": { "cbsa_code": "16980", "common_name": "Chicago", "msa_name": "Chicago-Naperville-Elgin, IL-IN", "path": "/advisors/il/chicago" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2008-10-03", "years_registered": 17, "period": "2026-10-01", "filing_date": "2026-09-03", "carried_forward": false, "raum_total": 198577009283.0, "raum_discretionary": 190403937582.0, "raum_non_discretionary": 8173071701.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 1983, "advisory_employees": 953, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 2783886100.0, "count": 357 }, "individuals": { "raum": 21497189895.0, "count": 33630 }, "banking_thrift": { "raum": 20095760.0, "count": null, "fewer_than_5": true }, "state_municipal": { "raum": 35967619.0, "count": null, "fewer_than_5": true }, "insurance_companies": { "raum": 42403003.0, "count": 9 }, "pension_profit_sharing": { "raum": 795927811.0, "count": 221 }, "other_investment_advisers": { "raum": null, "count": null, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 157427049195.0, "count": 29177 }, "pooled_investment_vehicles": { "raum": 180634816.0, "count": 1 }, "corporations_other_businesses": { "raum": 15793855084.0, "count": 640 }, "sovereign_wealth_foreign_official": { "raum": null, "count": null, "fewer_than_5": true } }, "compensation_types": [ "fixed", "hourly", "other", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "other", "pension_consulting", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": true, "disclosure_yes_count": 7, "states_registered": [ "AK", "AL", "AR", "AZ", "CA", "CO", "CT", "DC", "DE", "FL", "GA", "HI", "IA", "ID", "IL", "IN", "KS", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MS", "MT", "NC", "ND", "NE", "NH", "NJ", "NM", "NV", "NY", "OH", "OK", "OR", "PA", "PR", "RI", "SC", "SD", "TN", "TX", "UT", "VA", "VI", "VT", "WA", "WI", "WV", "WY" ], "websites": [ "https://213strategicpartners.com", "https://6meridian.com", "https://alexandriacapital.com", "https://alinewealth.com", "https://altiumwealth.com", "https://argentwm.com", "https://belair-llc.com", "https://bickling.com", "https://blankescheinwealthmanagement.com", "https://bluerockwealth.com", "https://bostonhilladvisors.com", "https://buffalo.hightoweradvisors.com", "https://charlesdhyman.com", "https://claritypoint.hightoweradvisors.com", "https://clearperspectiveadvisors.com", "https://cmgnewyork.com", "https://cogneticcapital.com", "https://crestcapadv.com", "https://d3wealthpartners.com", "https://dechtmanwealth.com", "https://deggelmanparker.hightoweradvisors.com", "https://eganwealthadvisors.com", "https://facebook.com/HighTowerAdvisors", "https://falconwealthadvisors.com", "https://farrmiller.com", "https://feinbergsteinfinancial.com", "https://financialprinciples.com", "https://fischerstralem.com", "https://fortmyers.hightoweradvisors.com", "https://greensquareco.com", "https://hausberg.hightoweradvisors.com", "https://hfgaustin.com", "https://hieraxwealthpartners.com", "https://highlandprivate.com", "https://hightoweradvisors.com", "https://hightoweradvisors.com/team/rdm/overview", "https://hightoweraustin.com", "https://hightowerbellevueadvisors.com", "https://hightowerbethesda.com", "https://hightowerlasvegas.com", "https://hightowersignature.com", "https://hightowertexas.com", "https://hightowerwestchester.com", "https://hill.hightoweradvisors.com", "https://hummermower.com", "https://investsg.com", "https://kellywohlner.hightoweradvisors.com", "https://lakewater.hightoweradvisors.com", "https://landsbergbennett.com", "https://lck.hightoweradvisors.com", "https://lerner.hightoweradvisors.com", "https://levin.hightoweradvisors.com", "https://lindbrookcapital.com", "https://linkedin.com/company/hightower_2", "https://lourdmurray.com", "https://lrgwealthadvisors.hightoweradvisors.com", "https://lyon.hightoweradvisors.com", "https://meyercg.com", "https://morgiawm.com", "https://mtwhadvisors.com", "https://murray.hightoweradvisors.com", "https://naples.hightoweradvisors.com", "https://natomawealth.com", "https://nucleusadv.com", "https://omaha.hightoweradvisors.com", "https://onearc.hightoweradvisors.com", "https://orw-d.com", "https://pds.hightoweradvisors.com/index.html", "https://pdswealth.com", "https://presidiowealthmanagement.com", "https://presidiowp.com", "https://rand.hightoweradvisors.com", "https://resourceconsulting.com", "https://riagroups.com", "https://rjwealth.hightoweradvisors.com", "https://rose.hightoweradvisors.com/index.html", "https://schultzcollins.com", "https://shaffer.hightoweradvisors.com", "https://sillerandcohen.com", "https://simmons.hightoweradvisors.com", "https://smithanglin.com", "https://strata.hightoweradvisors.com", "https://synergycapitalsolutions.com", "https://teaktreecapital.com", "https://tencapital.com", "https://thebahnsengroup.com", "https://thedilliggroup.com", "https://thefinplangroup.com", "https://theottogroupathightower.com", "https://treasurypartners.com", "https://twickenhamadvisors.com", "https://vigilantwm.com", "https://vwg.hightoweradvisors.com", "https://wbwealthmanagement.net", "https://wealthtrustadvisors.com", "https://whitepinewm.com", "https://wolfcollins.hightoweradvisors.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145323", "disclosure_items": [ { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" }, { "item": "11.D(2)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?" }, { "item": "11.D(4)", "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.D(5)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?" }, { "item": "11.E(2)", "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?" } ], "city_as_filed": "CHICAGO", "url": "https://advisorcensus.com/firm/hightower-advisors-llc-chicago-il-145323", "display_name": "Hightower Advisors, LLC", "summary": "Hightower Advisors, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2008, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 3, 2026.", "citation": "AdvisorCensus. Hightower Advisors, LLC (CRD 145323): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)", "Other" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Pension consulting services", "Selection of other advisers (including private fund managers)", "Other" ], "quick_answers": [ { "q": "How is Hightower Advisors, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Hightower Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Hightower Advisors, LLC located?", "a": "Hightower Advisors, LLC's principal office is in Chicago, IL, according to its Form ADV; the October 2026 filing also lists 119 other offices (Schedule D, Section 1.F)." }, { "q": "Is Hightower Advisors, LLC registered with the SEC or a state?", "a": "Hightower Advisors, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 145323." }, { "q": "How much does Hightower Advisors, LLC manage?", "a": "Hightower Advisors, LLC reports $198,577,009,283 in regulatory assets under management in its Form ADV filing dated September 3, 2026 (96% discretionary)." }, { "q": "How have Hightower Advisors, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Hightower Advisors, LLC: Regulatory assets under management: $74,500,000,000 in the October 2021 data and $198,577,009,283 in the October 2026 data, up 167%. Total employees: 677 in October 2021 and 1,983 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Hightower Advisors, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (33,630); high net worth individuals (29,177); corporations or other businesses not listed above (640)." }, { "q": "Which custodians does Hightower Advisors, LLC use?", "a": "Hightower Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and Pershing Advisor Solutions LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Hightower Advisors, LLC report any disciplinary disclosures?", "a": "Reports 7 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.D(5), 11.E(2)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/145323" }, { "q": "What changed in Hightower Advisors, LLC's recent Form ADV filings?", "a": "In the October 2026 filing data: No longer lists the business name Boston Hill Advisors." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 74500000000.0, "total_employees": 677, "filing_date": "2021-10-01" }, { "period": "2022-10-01", "regulatory_assets_under_management": 103620351000.0, "total_employees": 1100, "filing_date": "2022-09-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 105230209755.0, "total_employees": 1700, "filing_date": "2023-10-04" }, { "period": "2024-10-01", "regulatory_assets_under_management": 130239337374.0, "total_employees": 1816, "filing_date": "2024-09-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 164789471551.0, "total_employees": 1837, "filing_date": "2025-07-01" }, { "period": "2026-10-01", "regulatory_assets_under_management": 198577009283.0, "total_employees": 1983, "filing_date": "2026-09-03" } ], "recent_changes": [ { "period": "2026-10-01", "period_label": "October 2026", "notes": [ "No longer lists the business name Boston Hill Advisors." ] }, { "period": "2026-09-01", "period_label": "September 2026", "notes": [ "No longer lists the business name Wisehaupt, Bray Asset Management.", "No longer lists the business name Stearns Financial Group.", "Added the business name WB Wealth Management." ] }, { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "No longer lists the business name Private Vista.", "No longer lists the business name Hightower Great Lakes.", "Added an office in San Juan Capistrano, CA.", "No longer lists an office in Denver, CO.", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-06-01", "period_label": "June 2026", "notes": [ "Its Item 11 disclosure answers changed.", "Changed its office addresses in Naples, FL.", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-05-01", "period_label": "May 2026", "notes": [ "No longer lists the business name Lexington Wealth Management.", "Added an office in Alama, CA.", "Added an office in Cranberry Township, PA.", "Added an office in Richmond, VA.", "Added an office in Santa Fe, NM.", "Added an office in Summit, NJ.", "Added an office in Tampa, FL.", "No longer lists an office in Sante Fe, NM.", "Registered or notice-filed in VI." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 889 to 953.", "Regulatory assets under management went from $164,789,471,551 to $198,577,009,283 (+21%).", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-03-01", "period_label": "March 2026", "notes": [ "Added an office in Campbell, CA." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "No longer lists the business name Fairport Wealth.", "No longer lists the business name Hightower Wealth Advisors|st. Louis.", "No longer lists the business name HT|TC Wealth Partners.", "No longer lists the business name RDM Financial Group.", "No longer lists the business name The Rikoon Group.", "No longer lists the business name Xception Advisory Group.", "Added an office in McLean, VA.", "No longer lists an office in Atlanta, GA.", "No longer lists an office in Vienna, VA.", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2025-11-01", "period_label": "November 2025", "notes": [ "Added the business name Hightower Signature Wealth.", "No longer lists the business name Frontier Investment Management." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": false }, { "name": "Pershing Advisor Solutions LLC", "name_as_filed": "PERSHING ADVISOR SOLUTIONS LLC", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/hightower-advisors-llc-chicago-il-145323.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 33630, "fewer_than_5": false, "raum": 21497189895.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 29177, "fewer_than_5": false, "raum": 157427049195.0 }, { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": null, "fewer_than_5": true, "raum": 20095760.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 180634816.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 221, "fewer_than_5": false, "raum": 795927811.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 357, "fewer_than_5": false, "raum": 2783886100.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": null, "fewer_than_5": true, "raum": 35967619.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": null, "fewer_than_5": true, "raum": null }, { "type": "insurance_companies", "label": "Insurance companies", "count": 9, "fewer_than_5": false, "raum": 42403003.0 }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": null, "fewer_than_5": true, "raum": null }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 640, "fewer_than_5": false, "raum": 15793855084.0 } ], "disclosure_line": "Reports 7 disclosure items on Form ADV Item 11.", "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145323", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }