Hightower has announced that Larry Restieri has been appointed CEO and member of the board of directors, succeeding Bob Oros, firm CEO since 2019. Hightower announced in February that Oros planned to step down as CEO, and the firm simultaneously named Restieri, who had been a partner at Goldman Sachs and CEO of its Ayco business, as his successor. The transition is effective, as of June 2, 2025.
An industry veteran, Restieri brings comprehensive experience in growing and scaling wealth management businesses, having served most recently as CEO of Ayco, a Goldman Sachs company that specializes in workplace financial planning and private wealth advisory services. During his tenure, he played a pivotal role in modernizing the firm’s businesses, deepening its client relationships and driving growth. In addition to leading Ayco, Restieri spent more than two decades at Goldman Sachs in a variety of leadership roles, across wealth and asset management.
Oros will remain a mem
