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Mesirow was named to the Barron's list of top 100 registered investment adviser firms from 2021 to 2024, most recently ranking 41st. [31] In 2022, Mesirow was ranked 13th on the Crain's Chicago Business list of top 25 financial services firms by assets under management. [32] The firm saw a 23% increase in assets under management in 2021. [33]
This makes it by far the largest private wealth management firm in the U.S. in terms of assets under management, according to Barron's. Its top team manages more than $35 billion in assets alone.
Hightower was co-founded in 2007 by Elliot Weissbluth, Larry Koehler, Daniel Lidawer and Drew Kornreich. The firm was founded for broker-dealer advisors who wanted to move to an independent firm that still received the support of a big firm but without the negative press and conflicts of interest of needing to recommend products that their employer required them to sell.
The firm, which opened in 1935, is independent and employee-owned, operating in more than 20 offices with headquarters in Chicago, Illinois. [1] The firm has had five CEOs or managing partners, three of whom continue to work at the firm. John Ettelson, who has served as president and CEO since 2004, heads the firm's executive committee.
Financial publications sometimes provide annual lists of the best wealth management firms in a given area. Consider checking these sites to find a highly ranked wealth manager near you.
White, Weld & Co. is a privately held global financial services firm engaged in asset management, investment advisory, investment banking and other capital market activities. Relaunched in 2012, the business is headquartered in Chicago. [ 1 ]
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