Hightower Hires Former BlackRock Executive Hightower Advisors, a Chicago-based mega-RIA with $326 billion in client assets, has hired a former BlackRock executive as head of operations and services. Patrick Dunne has joined Hightower as a managing director and head of operations and service. Dunne’s most recent role was as founder and lead of BlueGranite, an investor working to scale fintech and investment firms. Earlier in his career, he held various leadership roles at BlackRock. Hightower is making changes under new CEO Larry Restieri, who was named the new head in February. Restieri hired State Street alum Randy Bullard to lead a new centralized investment management platform. The platform is designed to provide Hightower’s roughly 660 advisors with institutional research and investment counsel. Restieri is working to create more collaboration between advisors and the home office. He has been speaking with Hightower advisors about creating regional support to help advisory practices collaborate and work more closely together with each other and with home office specialists. Hightower has made over 50 acquisitions under former CEO Bob Oros, who joined in 2019. The firm is now shifting its focus to operational excellence and advisor support. #J-18808-Ljbffr Incline Wealth
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