SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Hightower Advisors, LLC
Chicago, IL
CRD 145323
Firm filing updated September 3, 2026 ·
- $198.6BAssets
- 953Advisory staff
- 220,222Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- OtherYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
Who the firm serves
- Individuals33,630
- High net worth individuals29,177
- Corporations or other businesses640
- Charities357
- Pension and profit sharing plans221
- and 2 more10
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 33,630 | $21.5 billion |
| High net worth individuals | 29,177 | $157.4 billion |
| Banking or thrift institutions | Fewer than 5 clients | $20.1 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $180.6 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 221 | $795.9 million |
| Charitable organizations | 357 | $2.8 billion |
| State or municipal government entities (including government pension plans) | Fewer than 5 clients | $36.0 million |
| Other investment advisors | Fewer than 5 clients | $0 |
| Insurance companies | 9 | $42.4 million |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $0 |
| Corporations or other businesses not listed above | 640 | $15.8 billion |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 7 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Other: "TREASURY MANAGEMENT FOR CORPORATE CLIENTS"
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Other: "TREASURY MANAGEMENT FOR CORPORATE CLIENTS"
Assets and accounts
- Regulatory assets$198.6 billion
- Accounts220,222
- Discretionary$190.4 billion · 210,830 accounts
- Non-discretionary$8.2 billion · 9,392 accounts
People
- Employees1,983
- Advisory staff953
- Broker-dealer reps598
- Licensed insurance agents338
- Planning clients24,000
Advisors
624 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 145323, SEC file 801-69625.
- Registered with the SEC as an investment advisor (status date on record: October 3, 2008).
Is Hightower Advisors, LLC a fiduciary?
Short answer: Hightower Advisors, LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 598 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
338 staff are licensed insurance agents and the firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.