Hightower invests in Los Angeles RIA Lindbrook Capital

Hightower Advisors has invested successful Lindbrook Capital, a Los Angeles, California-based wealthiness absorption firm.

The “strategic investment” successful the Los Angeles RIA is Hightower’s archetypal this year.

Lindbrook Capital, with astir $3.8bn successful assets nether management, operates offices successful Los Angeles, Calabasas, and New York City.

The steadfast offers tailored concern absorption and fiscal readying services to high-net-worth individuals, families, foundations, and endowments.

The ten-person squad is overseen by managing partners Benjamin Posen and Tyler Dritz, alongside spouse Lee Samson.

Posen said: “We thought agelong and hard astir our options and determined Hightower is the close partner. We aren’t funny successful being a serial acquirer and we had to sphere the civilization and concern autonomy that our clients expect from Lindbrook.”

Hightower president and CEO Bob Oros said: “We person known the principals astatine Lindbrook Capital for much than a decennary and are excited for them to articulation Hightower.

“Under the seasoned absorption of Ben and Tyler, the squad has built an awesome concern with an charismatic lawsuit basal that includes immoderate of today’s apical concern and amusement executives.”

Hightower, a wealthiness absorption steadfast headquartered successful Chicago, serves a divers clientele, including individuals, foundations, household offices, and corporations.

Its advisory web encompasses implicit 140 advisory businesses crossed 35 states and the District of Columbia.

Hightower’s broad suite of services offered aims to foster integrated maturation among its advisors.

These services see concern improvement consulting, enactment training, endowment acquisition, selling support, technology, concern absorption resources, compliance, accounting, payroll, and quality resources.

As of 31 December 2024, Hightower and its affiliates managed assets totalling astir $168bn.

In December, Hightower invested in Denver, Colorado-based Dechtman Wealth Management.

"Hightower invests successful Los Angeles RIA Lindbrook Capital" was primitively created and published by Private Banker International, a GlobalData owned brand.

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