Hightower Advisors acquires RDM Financial Group

December 21, 2015

On December 17, 2015, Hightower Advisors announced the acquisition of RDM Financial Group, Inc., a registered investment advisor based in Westport, Connecticut. 

Under the transaction terms, RDM Financial Group, Inc. (“RDM Financial”) will become a partner of Hightower Advisors. RDM Financial will retain the 15-member staff in its Westport and Boca Raton, Florida locations following the completion of the transaction.

Hightower Advisors is a financial-services firm that utilizes propriety technology within its investment platform. RDM Financial is an independent RIA with $700 million of assets under management.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions