RIA aggregator Hightower announced its eighth investment of 2020, adding Austin, Texas–based Hart Financial Group.
"Hart Financial Group is a robust team with a strong succession lineup of advisors poised for further growth,” Hightower CEO Bob Oros said in a statement. “We couldn't be more excited to provide the infrastructure, business strategy and support to power the next phase of their business development."
Hart Financial Group, led by founder and partner Corey Hart, manages $800 million in client assets and serves a clientele that includes business owners, executives and multigenerational families. The 30-year-old firm provides asset management, financial planning, risk management and tax-planning strategies through its five advisors and seven support staff members.
Hart said Hightower’s advisor infrastructure, collaborative culture and support for entrepreneurship is what it needs to accelerate growth and free up more time to be with its clients.
Hightower manages $81.4 billion in assets under administration and $61.6 billion in AUM.