Hightower Advisors, a Chicago-based registered investment adviser whose collection of firms manage $101 billion, has taken an undisclosed stake in Landsberg Bennett Private Wealth Management, an RIA managing $1 billion in Punta Gorda, Florida.
Founded in 2012, Landsberg Bennett is led by principals Michael Landsberg, Lew Bennett and Anthony Dubbaneh. Its 14 employees include five advisers.
Former Northwestern Mutual advisors join firm for independence.
Executives from LPL Financial, Cresset Partners hired for key roles.
Geopolitical tension has been managed well by the markets.
December cut is still a possiblity.
Canada, China among nations to react to president-elect's comments.
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