Hightower announced that the firm has invested strategically in Dechtman Wealth Management, a financial planning and wealth management practice with $800 million in assets in the Denver area.
Dechtman Wealth Management is a comprehensive wealth management practice that takes a personalized approach for serving clients by focusing on financial guidance, retirement income planning, tax and estate planning, and Social Security analysis. The team of eight is led by three partners who also are wealth managers: Jordan, the founder, and his two sons, Sam and Adam Dechtman.
Dechtman Wealth Management is the sixth strategic investment for Hightower this year. And with a range of value-added resources, such as a national in-house trust company and a wholly owned CPA practice operating as a tax subsidiary providing high-end tax services, Hightower aims to create an environment for advisors to align themselves with client needs better and give the next phase of independence for their practices.
The nationwide Hightower advisor community now features 140 advisory businesses in 35 states and the District of Columbia. Hightower offers various services for accelerating organic growth, such as business development consulting, leadership and team development, talent acquisition, marketing support, technology, investment management resources, compliance, accounting, payroll, and human resources. And advisory groups that partner with Hightower also receive access to inorganic growth services such as sourcing, valuation, deal structuring, due diligence, legal and regulatory, pre- and post-close integration, and capital resources for M&A transactions.
As of June 30, 2024, Hightower’s assets under management (AUM) were approximately $156 billion.
KEY QUOTES:
“Dechtman Wealth Management has a strong and long-standing reputation in Denver for putting its clients’ needs first with comprehensive and personally tailored financial plans. I believe its next generation leaders, who have illustrated a strong understanding of digital marketing and how it can be executed for the next generation of clients, really set the Dechtman team apart.”
- Hightower Chairman and CEO Bob Oros
“We operate on four basic principles – always do what is best for the client, provide a straight-forward cost, have transparent communication, and treat clients with care and respect. Joining Hightower will enable our team to continue operating this way and provide access to a host of additional tools and services to help benefit our community.”
- Jordan Dechtman, Founder and Senior Wealth Manager of Dechtman Wealth Management
