Ahluwalia, an executive at Hightower's private equity investor Thomas H. Lee Partners, will serve as president, while Bob Oros continues in his role as chairman and CEO of the company.
Inattentive use of these products risks exposing clients to losses and missed returns.
After passing $7 billion AUM in 2024, ASN adds two teams and another $135 million in assets.
In a gender-based look at retirement savings, the bank found some signs of improvement amid ongoing challenges faced by women.