Hightower Makes Strategic Investment in Dechtman Wealth Management
Hightower has announced a significant strategic investment in Dechtman Wealth Management, enhancing its portfolio and broadening the range of services offered to clients. Dechtman Wealth Management is a reputable financial planning and wealth management firm in the Denver area, managing assets valued at $800 million.
Personalized Wealth Management Approach
With a dedicated team of eight professionals, Dechtman Wealth Management is led by three founding partners: Jordan, along with his sons, Sam and Adam Dechtman. The firm’s comprehensive services hinge on personalized financial guidance, retirement income planning, tax and estate planning, and Social Security analysis, all tailored to meet the diverse needs of their clientele.
Impressive Reputation and Leadership
Bob Oros, Chairman and CEO of Hightower, praised Dechtman's strong reputation for prioritizing client needs and delivering tailored financial strategies. He highlighted the importance of the firm's next-generation leaders, who have adeptly harnessed digital marketing insights to attract a younger demographic of clients. This innovative approach sets Dechtman apart in the competitive landscape of wealth management.
Strategic Investments and Services at Hightower
Hightower's investment into Dechtman Wealth Management marks the firm's sixth strategic move this year. The company boasts a plethora of value-added resources designed to facilitate a seamless alignment between advisors and their clients. This includes a national in-house trust company and a dedicated CPA practice, optimizing the provision of advanced tax services.
Core Principles of Client Service
Jordan Dechtman, Founder and Senior Wealth Manager, articulated the four foundational principles guiding their operations: prioritizing clients’ best interests, straightforward cost structures, transparent communication, and the utmost care and respect for clients. This alignment with Hightower facilitates further enhancements to their service offerings while keeping client-centric values at the forefront.
A Growing National Community
The collective strength of the Hightower advisor community now encompasses 140 advisory businesses across 35 states and the District of Columbia. Hightower provides comprehensive support for organic growth, including business development consulting, leadership training, talent acquisition, marketing resources, compliance assistance, and more. Partnerships with Hightower also allow advisors to access services aimed at facilitating inorganic growth, covering aspects such as deal structuring, pre- and post-close integrations, and vital capital resources for M&A transactions.
Assets Under Management
As of mid-2024, Hightower has grown its assets under management to approximately $156 billion, underscoring its significant impact within the financial services industry. The firm is committed to helping its affiliated advisors navigate the complexities of wealth management, thereby ensuring they can effectively support their clients and communities.
Frequently Asked Questions
What is Hightower’s latest investment about?
Hightower has made a strategic investment in Dechtman Wealth Management, a company known for personalized financial services, enhancing its portfolio and client offerings.
Who leads Dechtman Wealth Management?
Dechtman Wealth Management is led by Jordan Dechtman and his two sons, Sam and Adam, who focus on personalized client service.
What are Hightower's core services?
Hightower provides diverse services, including business development consulting, compliance support, marketing assistance, and access to advanced financial resources.
How many advisory firms does Hightower consist of?
Hightower comprises 140 advisory businesses across 35 states and the District of Columbia, showcasing its extensive network in the financial advisory industry.
What is Hightower’s assets under management?
As of mid-2024, Hightower manages approximately $156 billion in assets, highlighting its growth and influence in the market.
