Hightower Invests in $2B Wealth Firm
- Hightower,a major player in the financial sector,has strategically invested in Smith Anglin,a Dallas-based financial planning and wealth management firm.
- The 34-person Smith Anglin team focuses primarily on serving clients within the aviation industry.This move represents Hightower's second strategic investment in 2025,further expanding its wealth management capabilities.
- Bob Oros, chairman and CEO of Hightower, expressed enthusiasm about the partnership.
Hightower has made a notable move, investing in Smith Anglin, a $2 billion wealth management firm specializing in retirement adn tax planning, notably for those in the aviation industry. This strategic investment marks Hightower’s second in 2025,signaling a strong commitment to expanding its wealth management capabilities. Smith anglin, with its seasoned team of 34 professionals, is a valuable addition to Hightower’s portfolio. The team at News Directory 3 has the exclusive insight on the details. The partnership promises to boost service offerings. Curious to see how this impacts the wealth management landscape? Discover what’s next …
Hightower Makes Strategic Investment in Smith Anglin Wealth Management
Updated May 25,2025
Hightower,a major player in the financial sector,has strategically invested in Smith Anglin,a Dallas-based financial planning and wealth management firm. Smith Anglin manages approximately $2 billion in assets and has been providing retirement and tax preparation services as 1967.
The 34-person Smith Anglin team focuses primarily on serving clients within the aviation industry.This move represents Hightower’s second strategic investment in 2025,further expanding its wealth management capabilities.
Bob Oros, chairman and CEO of Hightower, expressed enthusiasm about the partnership. He noted Smith Anglin’s distinct business model, client focus, and notable organic growth within the airline industry.
Hightower now supports over 140 advisory businesses across 35 states and Washington,D.C. The company offers investment, financial, and retirement planning services to individuals, foundations, and family offices. Additionally, Hightower provides 401(k) consulting and cash management solutions for corporations. As of Dec. 31, 2024, Hightower and its affiliates managed approximately $156 billion in assets.
Berkshire Global Advisors LP advised Smith Anglin on the transaction, with legal counsel from Scheef & Stone, LLP. Polsinelli PC represented Hightower.
What’s next
With this strategic investment, hightower aims to further strengthen its position in the wealth management market and enhance its service offerings to clients, particularly those in the aviation sector. The partnership promises continued growth and innovation for both firms.