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Hightower Takes Stake In Northwestern Firm

Editorial Staff

10 May 2023

Hightower has made a strategic investment in TEN Capital Wealth Advisors, a $1 billion firm with offices in Spokane and Seattle, Washington.

The size of the investment stake was not disclosed.

TEN Capital was advised on this partnership by the law firm Alston & Bird and consultant Brett Zaniewski.

Tim Mitrovich founded TEN Capital in 2012 – the name "TEN Capital" is a nod to his grandfather's football jersey number and honors his legacy of service. 

Besides its support for such investment stakes, Chicago-based Hightower’s business reach includes 131 advisory business in 34 states and the District of Columbia. As of March 31, 2023, Hightower's assets under administration were about $148.2 billion, and assets under management were $119.9 billion, an increase from $113.7 billion as of December 31, 2022.