Recruiting news out of the wirehouses and other employee-advisor firms slowed down in late December, but recruiting announcements in the independent-advisor channel continue.
RDM Financial Group, Inc., a Westport, Connecticut-based investment advisor with $700 million under management, says it is becoming a partner of HighTower.
Ron Weiner, chief executive officer of RDM, says the group's 15-person team will largely remain based at its offices in Westport and Boca Raton, Florida. But it plans to add a New York location within the 80-person office at HighTower's headquarters.
"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 Weiner in a statement. "Years of due diligence revealed that the HighTower platform is the ideal destination for me and my clients."
