Hightower, a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations, has made a strategic investment in Financial Planning and Information Services (FPIS). Financial terms of the transaction were not disclosed.
FPIS is a wealth management and financial planning team located in De Pere, Wis., with more than $1.1 billion in assets under management. The firm was founded in 1985 by Lon Mishler to provide holistic wealth management for clients.
As part of the transaction, FPIS promoted Brock Becker and Carl Ekstrom, who are important to the team’s growth strategy, to partner. Going forward, the 16-person team will retain its brand, investment philosophy and approach to personalized and high-touch client service in the local Green Bay community.
“FPIS built its practice on a core principle that is still its