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HighTower Adds Another Wealth Planning Firm To Network
The financial advisor network adds another firm to its universe.
US-based HighTower, the financial advisor network, has brought in Fortress Wealth Planning to its orbit.
The Jacksonville-based team at Fortress includes founding partners Michael Skowfoe, Eileen Ortega, Jay Rolfe and Jim Williams. Previously with Wells Fargo Private Bank, Fortress Wealth Planning managed $1 billion in assets under management.
"The fiduciary standard is the foundation of the HighTower culture and business model," said Michael Parker, chief development officer, HighTower.
Fortress Wealth Planning provides individuals and families with comprehensive financial planning services including investments, credit, liquidity, insurance, business succession, estate and philanthropic needs. Michael Skowfoe has more than 18 years of financial services industry experience.
In 2016, HighTower welcomed a combination of 14 new teams and tuck-ins representing approximately $4 billion in AuM, and expanded into 6 new states throughout the US Fortress Wealth Planning is HighTower's first transition for 2017. With 67 teams and offices in 26 states, HighTower now has representation in over half of the states in the country.