How HighTower's executive shuffle, kicking CEO Elliot Weissbluth upstairs, opens door for new talent and paves way for Thomas Lee-fueled acquisitions splurge

Since Thomas H. Lee's $350 million February purchase of HighTower, the firm has sought ways to separate dealmaking and operational duties, but recruiting goes to outsourcer and M&A goes to Marc Cabezas.

Author Oisin Breen August 20, 2018 at 7:57 PM

7 Comments

Elliot Weissbluth: It's bigger and more ripe than we calculated.

Elliot Weissbluth

HighTower

Thomas H. Lee Partners

Amit Dogra

Geoff

August 20, 2018 — 11:59 PM

and the final selection of a CEO to replacement is imminent? Please do tell more

Brooke Southall

August 21, 2018 — 12:32 AM

Stay tuned

Brooke Southall

August 27, 2018 — 11:01 PM

I've been deleting comments left on this article all afternoon. The problem is that they aren't comments -- more like spammy vitriol. Please stop.

Boug Desso

August 28, 2018 — 9:12 PM

HighTower is no stranger to making strategic shifts, when necessary...this is quite the understatement...some insiders might even suggest that the frequency of these shifts point to a fundamental lack of leadership and vision

Baby R Gretz

August 29, 2018 — 3:12 PM

Since the THL acquisition, in my opinion, the level of service provided to advisor teams has declined in quality. Constantly hearing that corporate cannot solve my problems and I am on my own.

Lew K

September 6, 2018 — 4:05 PM

Whomever takes the wheel will have no small and easy task for a turnaround as the new era CEO Especially if the ex CEO co-founder is hanging around chomping at the bit to go buy buy buy with all that PE money burning a hole in pocket and salivating to put out the next PR press release

Jeff

September 6, 2018 — 6:59 PM

Brooke can you provide any intel on post game summary scorecard of the WealthTrust transaction?

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