The Bahnsen Group Acquired by Hightower | Financial Services M&A Deal

Hightower has acquired The Bahnsen Group, a wealth management RIA business in Illinois, for $9.5 billion. Hightower acquisitions will bring The Bahnsen Group’s approximately $9.5 billion in assets under management into its Chicago-based wealth management platform, expanding high-net-worth, family, and institutional advisory services. The Bahnsen Group operates across multiple locations including New York, Nashville, and Palm Beach, with a team focused on dividend growth equity investing and client-facing thought leadership. This add on acquisition is a strategic acquisition by a strategic buyer, expected to close in the third quarter, with The Bahnsen Group continuing under its brand as “A Hightower Company” while integrating technology, operations, compliance, and advisor services.