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HighTower Welcomes RDM Financial Group Onto Platform

Anna Hallissey Reporter 21 December 2015

HighTower Welcomes RDM Financial Group Onto Platform

HighTower has rounded off its strong year of transitions with the acquisition of RDM Financial in Westport, CT.

RDM Financial Group has become the 13th firm to join the HighTower platform this year-to-date.

The investment advisor, with offices in Westport, CT, and Boca Raton, FL, is a 15-strong team across the two locations managing $700 million in assets.

Under the wing of HighTower, RDM will add a New York location to better serve local clients in the state.

“After 35 years in the industry and 26 running RDM Financial Group, I recognized the need for access to world-class resources, scale and a greater variety of solutions for my clients’ needs,” said Ron Weiner, chief executive of RDM Financial Group.

The drive of independent advisor channels continued to gather pace in 2015; HighTower noted that $10.2 billion of client assets landed at independent firms this year.

In October, Fort Lauderdale, FL-based firm Legacy Wealth Partners brought its $600 million in client assets onto the platform. 

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