A Daily Network publication
Explore the network
The Daily NetworkAbout the network →
Private Wealth DailyYou’re reading this editionDigital Capital DailyDigital assetsESG Capital DailySustainable capitalETF DailyETFsETF Pro AIThe fund terminalInsurance Capital DailyInsurance capitalInterval Fund DailySemi-liquid fundsPrivate Credit DailyPrivate creditPrivate Infrastructure DailyInfrastructurePrivate Real Estate DailyReal estateRetirement Capital DailyRetirement assetsSecondaries DailySecondariesWealth Advisor Daily
Private Wealth Daily
Independent Intelligence on the Private Wealth Industry
Saturday, October 3, 2026The Morning Brief →Sign in
ria

Hightower

CHICAGO, IL
CRD: 145323
In PWD coverage since September 22, 2026 · 16+ stories
$199BRegulatory AUMSEC Form ADV · Sep 26
1,983EmployeesForm ADV
12Deals on our tracker
1Moves on the wire · 12 months
Regulatory AUM · Aug 16 – Sep 26
Observed recruiting events · 12 monthsOn the wire →
Kevin McGarry
Aug 14 · team liftout
Deal recordFull tracker →
Oct 2, 26Deal announcedHightower Signature Wealth · Sandy Cove Advisors · $752M — coverage
Sep 30, 26Deal announcedSandy Cove Advisors · $752M — coverage
Sep 30, 26Deal announcedSandy Cove Advisors — coverage
Sep 29, 26Deal announcedHightower Signature Wealth · Sandy Cove Advisors · $752M — coverage
Sep 23, 26Deal announced — coverage
Sep 23, 26Deal announcedThe Bahnsen Group — coverage
Sep 10, 26Deal announcedSignature Wealth · $1.6K — coverage
Sep 10, 26Deal announcedHightower Signature Wealth · Boston Hill Advisors · $1.6B — coverage
Aug 31, 26Deal announcedDispatch — coverage
Aug 31, 26Deal announcedDispatch — coverage
Aug 31, 26Deal announcedHightower Signature Wealth · Dispatch — coverage
Aug 13, 26Deal closedHightower Signature Wealth · Valley Financial Group · $275 — coverage
PWD coverage
M&A

HB Wealth acquires $700M Texas RIA; Hightower Signature adds Sandy Cove

Hightower Signature's third external acquisition of 2026 is expected to close at the end of the third quarter and would put the unit above $40 billion.
Deals & PE · Oct 3DigitalBridge and SoftBank close $3.1 billion deal; five announcements lack full dollar terms
Deals & PE · Oct 2Concurrent buys Spire's 30-plus teams in first RIA platform deal
M&A · Oct 1Nuveen closes Schroders deal without disclosing price or cost savings; 12-to-18-month separation planned
M&A · Sep 30Hightower agrees to buy $752M Sandy Cove for its W-2 channel
M&A · Sep 29Waverly to buy a $1.7B Richmond RIA, its 36th deal since Aspire's 2021 stake
The Close · Sep 28Rising RIA deal size reflects bigger advisory firms, not only private equity capital
Features · Sep 26The rollup market now prices the operating layer
M&A · Sep 25Hightower splits the rollup from the growth unit to court a buyer
M&A · Sep 25Verdence's second deal tests whether the roll-up can staff itself
exit · Sep 25In RIA sales, the entity chart beats the multiple
Moves · Sep 24Ameriprise pays advisors to stay, and the market prices the tab
Moves · Sep 24Bahnsen's exit turns organic growth into the sellable asset
RIA · Sep 24Fidelity rents Savvy a custody front end and keeps the spread
The Close · Sep 22The next RIA premium is integration capacity
Moves · Sep 22Hightower hires Vanguard's De Freitas, and the mandate is integration
Every weekday · 6:30 a.m. ET

The Morning Brief

The private wealth industry in four minutes, every weekday at 6:30 a.m. ET. Free.