Hightower Makes Strategic Investment in Dechtman Wealth Management

Audio By Carbonatix

CHICAGO--(BUSINESS WIRE)--Dec 12, 2024--

Hightower announced today that the firm has made a strategic investment in Dechtman Wealth Management, a financial planning and wealth management practice with $800 million in assets, located in the Denver area.

Dechtman Wealth Management is a comprehensive wealth management practice that takes a personalized approach to serving clients by focusing on financial guidance, retirement income planning, tax and estate planning, and Social Security analysis. The team of eight is led by three partners who also are wealth managers, Jordan, the founder, and his two sons, Sam, and Adam Dechtman.

“Dechtman Wealth Management has a strong and long-standing reputation in Denver for putting its clients’ needs first with comprehensive and personally tailored financial plans,” said Hightower Chairman and CEO Bob Oros. “I believe its next generation leaders, who have illustrated a strong understanding of digital marketing and how it can be executed for the next generation of clients, really set the Dechtman team apart.”

Dechtman Wealth Management is the sixth strategic investment for Hightower in 2024. With a range of value-added resources, including a national in-house trust company and a wholly owned CPA practice operating as a tax subsidiary offering high-end tax services, Hightower aims to create an environment for advisors to better align themselves with client needs and provide the next phase of independence for their practices.

“We operate on four basic principles – always do what is best for the client, provide a straight-forward cost, have transparent communication, and treat clients with care and respect,” said Jordan Dechtman, Founder and Senior Wealth Manager of Dechtman Wealth Management. “Joining Hightower will enable our team to continue operating this way and provide access to a host of additional tools and services to help benefit our community.”

The nationwide Hightower advisor community now comprises 140 advisory businesses in 35 states and the District of Columbia. Hightower offers a wide range of services for accelerating organic growth, including business development consulting, leadership and team development, talent acquisition, marketing support, technology, investment management resources, compliance, accounting, payroll, and human resources. Advisory groups that partner with Hightower also receive access to inorganic growth services such as sourcing, valuation, deal structuring, due diligence, legal and regulatory, pre- and post-close integration, and capital resources for M&A transactions. As of June 30, 2024, Hightower’s assets under management (AUM) were approximately $156 billion. Learn more about Hightower’s collaborative business model at www.hightoweradvisors.com.

Hightower Advisors, LLC is an SEC registered investment adviser. Registration as an investment advisor does not imply a certain level of skill or training. Securities are offered through Hightower Securities, LLC, Member FINRA/SIPC

View source version on businesswire.com:https://www.businesswire.com/news/home/20241212954606/en/

CONTACT: Magnitude, Inc. for Hightower Advisors

Daniel Delson

[email protected]

KEYWORD: ILLINOIS COLORADO UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BUSINESS FINANCE ASSET MANAGEMENT CONSULTING BANKING

SOURCE: Hightower

Copyright Business Wire 2024.

PUB: 12/12/2024 08:00 AM/DISC: 12/12/2024 07:58 AM

http://www.businesswire.com/news/home/20241212954606/en