Stay away from this place! Can I give this place negative stars? - Anonymous employee Hightower Advisors Employee Review

1.0
Jan 14, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Since a large part of it is owned by private equity its almost a free for all. Almost because its the execs that abuse this the most. Great public relations announcements that creates so much noise that you don't see how bad it really is.

Cons

This place has actually fallen behind rather quickly. There is plenty of PR stating that this organization is disrupting the industry which couldn't be further from the truth (great PR). The vast majority of the tech team is behind the times and this is due to poor leadership from the CTO, the hiring practices are even worse. If you know the CTO you can get a job pretty easily whether or not you can do the job. However don't ever challenge 95% of the execs at HighTower, it gets escalated pretty quick. The whole technology and operations group could really use an upgrade of talented resources. Elliot is so far removed from reality that its pathetic. There are certain execs that can say or do anything and there are no consequences with HR. Its an absolute zoo. Do not buy into the hype about the IPO either. Do not go to work here with the hopes that your "stock" will be worth anything and that you will have a decent nest egg. Management has made sure they will be the ones to make out like bandits (IF there is a liquidity event) and the rest of the "common folk" will be left behind.

Explore other reviews about Hightower Advisors

5.0
Feb 3, 2026
Recommend
CEO approval
Business Outlook

Pros

The culture here is incredible

Cons

There are a lot of changes constantly

1.0
Jan 30, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A handful of genuinely good people who try to do the right thing and support their teammates. The work can be interesting at times, and you can learn a lot if you’re proactive.

Cons

The culture here used to be one of the best parts of the job, but over the last two years it’s pretty much disappeared. Leadership keeps pushing more in-office time, and the reasoning given in all-hands meetings feels disconnected from reality. It comes off as out of touch, and things like “bagels in the office” are honestly more insulting than motivating. The team dynamic has also changed for the worse. It doesn’t feel like people are working together anymore. A lot of folks are just trying to protect themselves and avoid blame rather than collaborate, which creates a stressful and political environment. Larry in particular is seen by many as elitist and overly intense. The expectation seems to be that people should just grind until they burn out or leave. There’s very little concern for sustainability or long-term morale, and turnover feels accepted rather than addressed. On top of that, the private equity ownership creates constant anxiety. It feels like they’re more interested in being the first to sell than in being the best company. If an exit opportunity comes up, it’s hard to believe the company wouldn’t be gutted. Layoffs feel likely at some point, especially given how often management relationships with firms like Goldman Sachs are brought up.

3
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