HighTower has added MK Wealth Management, an advisory team in Long Island, NY, to its partnership.

MK Wealth Management’s principal, Mark Kravietz, has over 25 years of experience in the financial services sector, most recently at UBS Financial Services. He joins HighTower as a partner and managing director. 

Kravietz manages $300 million in assets for affluent families, individual clients, closely-held businesses and non-profits. He specializes in asset allocation, liability and estate planning, and portfolio construction.

Other members of his team include Catherine Crunden, a senior wealth management associate, and Stefanie Andors, a senior analyst.

Melville-based MK Wealth Management is the tenth new advisor team to have joined HighTower in the past year and is its 37th overall.

In other recent news, at the end of February, HighTower added Thomas New as an executive director at its Kelly Wealth Management practice in Baltimore, MD.

HighTower is an advisor-owned firm that specializes in high net worth and institutional clients, with headquarters in Chicago, IL, and corporate bases in New York and San Francisco.