People Moves

HighTower Beefs Up Recruiting Team

Charles Paikert Family Wealth Report Editor New York April 22, 2010

HighTower Beefs Up Recruiting Team

Fast growing
HighTower sees even more growth ahead.

The Chicago-based independent advisory firm has hired Michael Papedis as a director responsible for advisor recruiting and business development and MeeSun Boice in charge of advisor recruiting for the Western Region with a strong focus on the California markets.

The two recruiting hires are a result of  “significant increase in interest among independent advisors in HighTower,” said Elliot Weissbluth, HighTower’s chief executive, who had been heading the recruiting effort himself until now.

“We had not anticipated doubling the size of our recruiting sales force this early in our growth,” Weissbluth said.

Papedis will move to HighTower over the next month and focus on HighTower’s advisor recruiting and business development activities in the Midwest.

Most recently, Papedis spent seven years at Fidelity Investments in Chicago. His most recent position was as vice president of senior sales responsible for new business development in the Midwest.

Boice, meanwhile, will be based in HighTower’s San Francisco corporate offices.

Previously, she was the northwest region talent leader for UBS in Los Angeles.

In addition, Kristin Love, previously manager of trading at HighTower was promoted to director of trading and operations, where she will manage the firm’s fixed income team.

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