Hightower Makes Strategic Investment in Smith Anglin

Hightower announced today that the firm has made a strategic investment in Smith Anglin, a financial planning and wealth management practice based in Dallas, Texas, with approximately $2 billion in assets under management. Founded in 1967, the 34-person Smith Anglin team provides an integrated retirement preparedness and tax preparation experience for the aviation industry.

“We are really excited to welcome the team at Smith Anglin to Hightower,” said Hightower Chairman and CEO Bob Oros. “The storied organization has built a distinct business model and client focus, with deep experience serving the airline industry, and has demonstrated impressive organic growth over the last few years. We’re looking forward to helping them accelerate their growth as a respected aviation brand in the wealth management space.”

Smith Anglin marks the second strategic investment for Hightower in 2025. With a range of value-added services, including a national in-house trust company, business owner specialty services and inorganic growth support, Hightower provides its advisors the resources to better align with client needs and offers the next phase of growth and support for their practices.

“Our focus has always been on delivering wealth management for life, and our advisors work diligently to help our clients achieve their goals, dreams, and financial security,” said Steve Anglin, partner at Smith Anglin. “We’re really excited to be able to take advantage of Hightower’s resources, including its integrated tech stack and value-added services, which will allow us to continue to grow our business and help deliver on our mission to secure the financial well-being of our clients over the course of their lives.”

In the transaction, Smith Anglin was advised by Berkshire Global Advisors LP and Scheef & Stone, LLP, provided legal counsel. For Hightower, Polsinelli PC provided legal counsel.

The nationwide Hightower advisor community now comprises 140 advisory businesses in 35 states and the District of Columbia. Hightower offers a wide range of services for accelerating organic growth, including business development consulting, leadership and team development, talent acquisition, marketing support, technology, investment management resources, compliance, accounting, payroll, and human resources. Advisory groups that partner with Hightower also receive access to inorganic growth services such as sourcing, valuation, deal structuring, due diligence, legal and regulatory, pre- and post-close integration, and capital resources for M&A transactions. As of June 30, 2024, Hightower’s assets under management (AUM) were approximately $156 billion. Learn more about Hightower’s collaborative business model at www.hightoweradvisors.com.

About Hightower
Hightower is 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. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., the firm operates as a registered investment advisor (RIA). Learn more about Hightower’s collaborative business model at www.hightoweradvisors.com.

Hightower Advisors, LLC is an SEC registered investment adviser. Registration as an investment advisor does not imply a certain level of skill or training. Securities are offered through Hightower Securities, LLC, Member FINRA/SIPC.

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