Seller Details:
Founded in 1967, Smith Anglin is a leading financial planning and wealth management firm based in Dallas, Texas. With approximately $2 billion in assets under management, the 34-person organization provides an integrated retirement preparedness and tax preparation experience for the aviation industry.
Buyer Details:
Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Based in Chicago with advisors across the U.S., the firm operates as a registered investment advisor (RIA).
Transaction Summary:
This strategic investment provides Smith Anglin with operational support to enhance their overall client experience and resources to accelerate their strong growth. Smith Anglin marks the second strategic investment for Hightower in 2025. With a range of value-added resources, including a national in-house trust company, in-organic strategic support, and resources to accelerate their growth beyond organic methods, 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.