The network of financial advisors has expanded further with the addition of a veteran Morgan Stanley team.

The firm has introduced HighTower Omaha as its first team in Nebraska. The team transitioned from Morgan Stanley after 20 years at the firm and manages $500 million in assets under the direction of managing director, private wealth advisor Thomas Foley and senior vice president, private wealth advisor Keith Hier.

HighTower Omaha is the ninth team to join the firm this year. Last month, Acacia Wealth Advisors, a boutique multi-family office in Los Angeles overseeing more than $500 million in assets, transitioned to the firm. In June, HighTower introduced The Egan Group at HighTower, a New York-based wealth management team with $300 million in assets. That team was previously known as J M Egan Wealth Advisors.

"HighTower's track record of helping teams grow attracts advisors from a variety of settings—including wirehouses, RIAs and independent broker-dealers. If a team is looking to grow and build a strong wealth management business, we're simply the best solution for them," said Michael Parker, chief development officer at HighTower. 

"Our community of the industry's top professionals welcomes Tom and Keith to HighTower."

The HighTower Omaha team team takes a conservative, long-term approach to capital markets. Other team members include financial planning and analytics manager Tom Hodgson and senior client relations manager Tina Legett.