HighTower’s new CEO Bob Oros is filling out his government suite with three new hires, together with Abby Salameh, former Personal Advisor Group government, as his new chief advertising and marketing officer. Greg Fink, former president and CEO of ACG Wealth, joins as head of advisor success, and Catherine Davies, former senior relationship supervisor and vp at Constancy, is the agency’s new chief of workers and head of enterprise administration.
Salameh will probably be liable for the agency’s company and discipline advertising and marketing groups. Most lately, she was the CMO at Personal Advisor Group, a hybrid registered funding advisor and tremendous workplace of supervisory jurisdiction of LPL Monetary. Previous to that, she was senior vp and CMO of Fusion Advisor Community.
Fink, most lately with hybrid RIA ACG Wealth, will work with HighTower’s advisors on follow administration and development methods, together with creating annual enterprise plans. Previous to ACG, he held positions at Constancy Clearing & Custody Options, Northern Belief, Direxion Funds and Financial institution of America Securities.
As chief of workers and head of enterprise administration, Davies will help the day-to-day operations of the chief crew in addition to what the agency calls “cross-enterprise initiatives.” In her earlier position at Constancy, she was liable for the HighTower relationship.
Oros got here on board in January because the agency’s new chief government, changing the RIA’s founder, Elliot Weissbluth, who stated in August he would step down as chief government as soon as a alternative was discovered. Weissbluth is now chairman of the Chicago-based agency’s board.
The change was a part of an present long-term plan for management on the agency to help its development and seize market share, Weissbluth stated.
In a latest interview with WealthManagement.com, Oros stated the agency was forgoing its authentic partnership mannequin to give attention to providing capital and help providers to different registered funding advisors, a transfer he believes positions the corporate to double in dimension.
HighTower at present has 98 advisory groups in 33 states and $60 billion in consumer belongings.
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