On February 13, 2023, Hightower Advisors, LLC announced that it made a strategic investment in Bickling Financial Services, Inc.
Under the terms of the transaction, Hightower Advisors, LLC (“Hightower”) has acquired a stake in Bickling Financial Services, Inc. (“Bickling”). Financial terms were not disclosed.
Hightower, based in Chicago, is a wealth management firm offering financial and retirement services to both individual and institutional investors. As of December 31, 2022, Hightower had approximately $144 billion in assets under administration and $113.7 billion in assets under management.
Bickling, based in Lexington, Massachusetts, is a full-service registered investment advisor. Bickling manages approximately $625 million in client assets.
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