HighTower Advisors has added Westport-based RDM Financial Group, a registered investment adviser managing $700m in client assets, as its new partner.
Under the deal, RDM CEO Ron Weiner will manage his 15-person team between the firm’s Westport and Boca Raton, Fla. locations.
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Also, Weiner will open a new location within HighTower’s New York office.
HighTower chief development officer Michael Parker said: "Sophisticated independent RIAs like RDM can leverage our platform to serve clients at an even higher level than they have in the past."
RDM Financial Group CEO Ron Weiner said: "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. Years of due diligence revealed that the HighTower platform is the ideal destination for me and my clients."
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