Hightower Advisors reviews

3.5

59% would recommend to a friend

(198 total reviews)
avatar

Larry Restieri

9% approve of CEO

57% positive business outlook

Hightower Advisors has an employee rating of 3.5 out of 5 stars, based on 198 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).

Reviews by job title

198 reviews
2.0
Oct 12, 2018

Most dysfunctional place I’ve ever worked

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Your job changes so much you have no choice but to learn multiple functions - If you can survive the stress, great place to learn a lot and then parlay it into a job ANYWHERE else - Depending on department, genuinely cool people at manager/associate level - Compared to wirehouses, majority of advisors are relatively nice

Cons

- Turnover is insane. Directors and managers quit quite often, resulting in associates becoming directors in practice - Turnover is completely ignored. Instead of working to curb the problem, mgmt simply places nonqualified individuals into elevated positions, those people burn out and it starts the cycle over again - Entire company is focused on new deals. Once deal is closed, could care less to upgrade home office to support the boost in advisors - Truly unsure of company vision. Each department feels completely separated and working towards different goals. I barely know the names of people in other departments

2.0
Sep 23, 2018

Constant Reorganizations

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

HighTower has many great, intelligent, hard-working employees, but that's not enough.

Cons

HighTower hasn't decided what kind of organization it wants to be. It is constantly reorganizing its departments and causing confusion and chaos without thought for standardized processes, especially during a RIF. No thought as to how the work will get done once the RIF is over. Human Resources is a mess and does not add value to the organization. Turnover in accounting and finance at corporate is very high. Changes at the top can likely propel this organization into the future. The CEO and CFO are always looking to make the next big deal without understanding what resources are available to get these last minute deals completed. If you don't like constant chaos, this organization is not for you.

2.0
Aug 2, 2018

Don’t work here

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nothing at this company

Cons

Horrible upper management. It’s constantly a revolving door

Viewing 154 - 156 of 198 Reviews

Glassdoor has 252 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.