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      Hightower Advisors

      Engaged Employer

      Hightower Advisors reviews

      3.5

      59% would recommend to a friend

      (197 total reviews)
      avatar

      Larry Restieri

      9% approve of CEO

      57% positive business outlook

      Ratings by category

      3.6

      Diversity & inclusion

      3.4

      Work/Life balance

      3.4

      Compensation and benefits

      3.3

      Culture & values

      3.3

      Career opportunities

      3.2

      Senior management

      Hightower Advisors has an employee rating of 3.5 out of 5 stars, based on 197 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Hightower Advisors employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

      Ratings by demographic groups

      Reviews by job title

      197 reviews
      1.0
      Feb 8, 2018

      Fake reviews and a terrible place to work

      Director
      Recommend
      CEO approval
      Business Outlook

      Pros

      There are no pros at HighTower. The best part of HighTower is when you quit cause its so terrible.

      Cons

      Management actively pumps fake reviews into glassdoor, its an internal initiative. Look at some of the glowing reviews and the dates, you will see a pattern. What a mess this place is, if you don't believe it then look at how they didn't go public when they thought they would. They are barely staying afloat, lucky for them some sucker pumped in a capital injection. The board needs to clean house starting with the C level execs

      1.0
      Jan 13, 2018

      Sr Management Turnover

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Company has great potential. Ideas flow. Clients are top priority. Good salary. Talented people actually doing the work are the hidden gems as to why this company is still in existence.

      Cons

      Management turnover has been high. Lack of good leadership. It is a dictatorship. Line managers and staff hurt in the long run from poor decisions made at the top. Low cost benefits = low quality benefits. Negative publicity. Zero room for advancement. The different segments of the business make it impossible for this company to succeed.

      2.0
      Sep 4, 2017

      Analyst

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Got to work with some great advisors, sophisticated client base, and had a terrific introduction to the industry. It was also nice knowing I had a direct input to the company through my partners. I knew they would get my point across whether an idea was accepted or not. Very open architecture. Not saying it matter in the end, but was nice to have some kind of voice at a big company.

      Cons

      It was a smaller company when I started, but it truly was not a place for a younger advisor. As is consistent with other advisory firms, management does not care about you unless you are a producer and do not attempt to develop young advisors. The performance reporting software was absolutely terrible and beta testing any software was always a bad idea because your team got stuck testing all the bugs. Why would you ever become a managing partner if there is a huge overhead cost as well as them taking a majority share without knowing exactly how much your stock is worth?

      Viewing 160 - 162 of 197 Reviews
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      ReviewsHightower Advisors reviews

      Glassdoor has 251 Hightower Advisors reviews submitted anonymously by Hightower Advisors employees. Read employee reviews and ratings on Glassdoor to decide if Hightower Advisors is right for you.