CHICAGO, Sept. 16, 2013 /PRNewswire/ --HighTower, the nation's destination of choice for entrepreneurial advisors seeking greater independence and practice control, announces that Twickenham Wealth Advisors is the latest wealth management practice to join the HighTower Network.
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The HighTower Network enables wirehouse advisors to launch independent practices and gain destiny control by leveraging HighTower's proven expertise and sophisticated capabilities. HighTower Network member teams tap into the full capabilities of HighTower, including RIA and broker-dealer compliance, operations, technology, facilities support, institutional-grade research, alternative investments, capital markets, client reporting, business development, marketing and communications services.
To teams with complex books of business, HighTower provides unparalleled transition support services designed to ease the process and accelerate the move toward independence. Additionally, the HighTower Network assists in solutions for business working capital loans.
"The HighTower Network provides a blueprint for autonomy. We offer fiduciary-minded wirehouse advisors a guided path to independence. HighTower's robust resources empower financial advisory teams to reach their dreams of business ownership and legacy creation," said Mike Papedis, National Director of the HighTower Network. "Twickenham Wealth Advisors and their clients will benefit from HighTower's proven solutions, resources and technology, and perhaps most importantly, from "de-risking" their transition and elevating their operating execution."
Huntsville, AL-based Twickenham Wealth Advisors provides tailored wealth management solutions to local high-net-worth families and individuals, and currently manages approximately $500 million in client assets. The team, previously part of Morgan Stanley, is led by Managing Directors and Founders W.F. Sanders Jr., J. Wesley Clayton, Henry (Moss) E. Crosby Jr. and Michael P. Ahearn.
"Starting our independent practice affords us a high level of confidence in delivering our suite of services and in maintaining an unobstructed focus on our clients' needs. After an extensive due diligence process, we selected the HighTower Network to support our practice because it offers the best mix of centralized support for our team and ultimately our clients. Simply put, HighTower provides expertise in areas we couldn't possibly find on our own, including creative ideas for finding transition capital financing," said Mr. Crosby. "With Hightower as our partner, we are able to launch our own firm with the comfort of knowing there is a deep bench of skilled professionals supporting us and fueling our growth."
Atlanta, GA-based Shaffer Wealth Management became the first HighTower Network member earlier this year.
For media inquiries, please contact Melinda Brodbeck, Jennifer Connelly Public Relations (JCPR), at 973-850-7348 or mbrodbeck@jcprinc.com.
About HighTower
HighTower is a national, advisor-owned financial services company serving high-net-worth and institutional clients. HighTower advisors are experienced investment professionals with large and established practices. As a dually-registered, multi-custodial firm, HighTower provides sophisticated investment solutions as well as an independent and unobstructed view of the markets. The company is headquartered in Chicago and maintains corporate centers in New York and San Francisco and offices across the country. See www.hightoweradvisors.com.
Melinda Brodbeck
Jennifer Connelly Public Relations
973-850-7348
mbrodbeck@jcprinc.com
SOURCE HighTower
