SOURCE: HighTower Advisors

September 23, 2009 09:00 ET

HighTower Announces Enhancements to Leadership Team

CHICAGO, IL--(Marketwire - September 23, 2009) - HighTower Advisors, the nation's only advisor-owned financial services firm serving high net worth clients, is pleased to announce several key enhancements to its executive management team and Board. The changes reinforce HighTower's deep industry knowledge and long-term commitment to innovation.

"HighTower's executives, Board, employees and financial advisors bring incredible experience from a mix of larger companies and entrepreneurial startup backgrounds," said Elliot Weissbluth, Chief Executive Officer, HighTower. "The balance and merging of these varied perspectives has been critical to our building a lean yet scalable enterprise with the sole mission of providing superior, independent financial advice to our clients."

HighTower's leadership enhancements include:

David Pottruck accepted Mr. Doug Brown's invitation to join him as Co-Chairman of the Board of Directors. Mr. Pottruck is the former CEO and President of Charles Schwab, Inc., where he spent more than 20 years building one of the most successful and widely known investment advisory firms. He has served as a Director of HighTower since December 2008. Currently, Mr. Pottruck is head of private equity firm Red Eagle Ventures, a capital partner of HighTower.

In addition, HighTower welcomes Martin Eichenbaum, Ph.D and Sergio Rebelo Ph.D as its new Chief Economic Advisors. In their newly created positions, Eichenbaum and Rebelo will Advise HighTower Advisor and their clients on economic trends, the regulatory environment, and emerging market conditions.

Mr. Eichenbaum is the Ethel and John Lindgren Professor of Economics at Northwestern University. Mr. Rebelo is the Tokai Bank Distinguished Professor of International Finance at Northwestern's Kellogg School of Management. Eichenbaum and Rebelo are the directors of the Center for International Economics and Development. Eichenbaum is an Advisor to the Federal Reserve Banks of Atlanta and Chicago. Rebelo is a consultant to the European Central Bank. Both Eichenbaum and Rebelo have served as consultants to the World Bank, the International Monetary Fund, and the Board of Governors of the Federal Reserve System. Their research focuses on the causes of business cycles, the effects of monetary policy, and the sources of exchange rate fluctuations.

To request more information on HighTower Advisors, please contact Jennifer Connelly at 973.732.3521 or jenn@jcpublicrelations.com.

About HighTower Advisors

HighTower is the first national, advisor-owned, financial services company focused on the needs of wealthy families. HighTower advisors are experienced investment professionals with large, established practices serving high net worth clients. The company is headquartered in Chicago and maintains corporate centers in New York and San Francisco and offices around the country. See www.hightoweradvisors.com.

Securities offered through HighTower Securities, LLC, Member FINRA/SIPC/MSRB. HighTower Advisors, LLC is registered with the SEC as an investment adviser.

Contact Information

  • Contact:
    Jennifer Connelly
    JCPR, Inc.
    (973) 732-3521
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