Publications

Investors - FEBRUARY 25, 2019

HighTower buys stake in $2.6b RIA

by Andrea Zander

Green Square Wealth Management has joined HighTower.

With approximately $2.6 billion in client assets, Green Square Wealth Management serves ultra-high-net-worth families and institutional investors across the United States.

Green Square Wealth Management is a newly formed advisory firm founded by Darrell Horn earlier this year. Horn was formerly the senior managing director and co-founder of Green Square Capital, established in 2001 after his departure from Goldman Sachs.

“Partnering with HighTower will allow us to reallocate our resources to serving new and existing clients, while shifting the middle and back-office work to HighTower,” said Bob Oros, HighTower CEO.

“This will allow us to continue to provide impeccable client service and maintain our growth trajectory in a more efficient way,” said Horn. “Thanks to HighTower’s world-class operations and technology, we expect to significantly increase our ability to serve more clients, while simultaneously enhancing our services for existing clients.”

The Green Square Wealth Management transaction will bring HighTower’s total client assets to approximately $68.6 billion, with 94 advisory firms and a presence in 33 states.

 

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