On October 29, 2024, Hightower announced a strategic investment in Financial Planning and Information Services, Inc.
Hightower Advisors, LLC (“Hightower”) announced on October 29, 2024, that it had made a strategic investment in Financial Planning and Information Services, Inc. (“FPIS”). Terms of the transaction were not disclosed.
Hightower, based in Chicago, is a registered investment advisor 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. As of June 2024, Hightower had $156 million in assets under management.
FPIS, based in De Pere, Wisconsin, is a wealth management and financial planning team. FPIS manages more than $1.1 billion in assets under management. Advisor Growth Strategies served as financial advisor to FPIS on the transaction.
To read the press release: please click here.