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HighTower expands advisory talent on US West Coast


HighTower, an adviser-owned financial services company, has expanded its advisory talent on the US West Coast with two new adviser teams in Menlo Park, California.

"The trend toward independent advice continues to reshape the financial services landscape, and HighTower’s open source model directly reflects this momentum," says Drew Kornreich, HighTower’s president. "We expect to continue welcoming experienced advisory talent, as more financial professionals seek greater autonomy and flexibility in serving their high net worth clients."

Thomas McGuirk, a managing director at HighTower, previously co-founded Martin Thomas Wealth Management in 2008. Prior to that, he was vice president in wealth management at Smith Barney.

McGuirk and his team are the second adviser team this year to join HighTower after already forming their own firm as a registered investment adviser.

Mike Deggelman also joins HighTower as a managing director and has been in the financial services industry for more than 30 years. Previously, he was an adviser at UBS in Menlo Park and E.F. Hutton, a predecessor to Smith Barney. His primary area of focus is retirement planning.

Chris Parker will also be a managing director at HighTower and was an adviser with UBS in Menlo Park for more than nine years.

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