CHICAGO--(BUSINESS WIRE)--Hightower today announced that it facilitated a partnership between Altium Wealth Management, its associated team with offices in New York and Connecticut, and Kimberly Clouse, an established family wealth advisor in the Boston area. Together they enhance their abilities to deliver customized wealth advisory services to a high-net-worth clientele across the country.
This partnership is driven by a shared commitment to a client-centric service model built around what families need and expect, as well as a long-standing desire to help the industry evolve. The combination will bring Altium’s total AUM to over $6 billion.
“In Kimberly, we have found a strong executive with deep experience working with multi-generational families across a breadth of priority issues. We are excited to have Kimberly and her colleague, Kristen Caseley, join us and expand our footprint,” said Jim Dowling, an Altium founding partner.
“Altium gives my team access to more robust resources, allowing us to better serve our clients’ evolving needs. I have never been more impressed by a single firm’s combination of talent, capabilities, and technology,” said Kimberly Clouse. “I am excited to be part of such a forward-looking organization, which also brings the benefit of access to Hightower’s resources.”
Altium Wealth Management joined Hightower in 2022 and offers sophisticated tax management and financial planning services plus an investment platform consisting of customizable direct indexing and bespoke fixed income strategies.
“We’re excited for these two strong businesses to come together and to continue supporting Altium’s vision,” said Bob Oros, Chairman and CEO, Hightower.
About Hightower
Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., the firm operates as a registered investment advisor (RIA). Learn more about Hightower’s collaborative business model at www.hightoweradvisors.com.
As of June 30, 2024, Hightower’s assets under management (AUM) were approximately $156 billion.
Hightower Advisors, LLC is a SEC registered investment advisor. Securities offered through Hightower Securities, LLC member FINRA/SIPC.
Hightower Advisors is registered with Hightower Securities, LLC, member FINRA and SIPC, and with Hightower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through Hightower Securities, LLC; advisory services are offered through Hightower Advisors, LLC.
This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.
All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and Hightower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.
This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of Hightower Advisors, LLC, or any of its affiliates.
