HighTower Advisors has appointed Robert Oros as CEO, former Fidelity Investments and Charles Schwab executive.
He succeeds Elliot Weissbluth, who will assume the role of board chairman.
Previously, Oros was chief executive of independent broker-dealer HD Vest Financial Services.
The hire follows the sale of a majority stake in HighTower to private equity firm Thomas H. Lee Partners in October 2017.
HighTower currently has 92 advisor teams managing $60 billion in client assets.
