© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - HighTower Acquires $500 Million RIA in Beverly Hills
Posted 7th July 2016

HighTower Acquires $500 Million RIA in Beverly Hills

HighTower announces that Acacia Wealth Advisors, a boutique multi-family office in Los Angeles overseeing more than $500 million in assets, has joined the firm.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

HighTower Acquires $500 Million RIA in Beverly Hills
Image

HighTower announces that Acacia Wealth Advisors, a boutique multi-family office in Los Angeles overseeing more than $500 million in assets, has joined the firm. Acacia co-founders Meloni Hallock and Alev Lewis will continue to lead the team as Managing Directors and Partners of Acacia Wealth Advisors at HighTower.

“Meloni and Alev bring to HighTower a distinguished RIA business with a long tradition of excellence,” said Elliot Weissbluth, Chief Executive Officer, HighTower. “Acacia Wealth Advisors exemplifies the caliber of business that we are thrilled to welcome to our community.”

Acacia Wealth Advisors marks HighTower’s 8th transition in 2016, a record-high number for the first half of any year in the firm’s history, and the 4th RIA acquisition since the firm launched that line of business last year.

“The fiduciary standard—the practice of putting our clients’ best interests first—is the foundation of our identity at Acacia Wealth Advisors,” said Ms. Hallock. “HighTower aligns with our core values, and its sophisticated platform enables us to deliver comprehensive wealth management services as a trusted partner to our clients.”

“HighTower supports elite advisors with a variety of backgrounds—from wirehouses to independent practices,” said Michael Parker, Chief Development Officer, HighTower. “Our recent momentum in the RIA channel represents a strategic expansion of our business and illustrates how broadly our platform and culture resonate throughout the industry.” 

Acacia Wealth Advisors at HighTower provides comprehensive investment consulting and financial planning services to entrepreneurs, business owners, high-net-worth individuals and their families.

For more information, see www.hightoweradvisors.com and www.byadvisorsforadvisors.com

Categories: Finance, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Best Certified Translations for Business Documents in Canada
Legal
11/05/2026Best Certified Translations for Business Documents in Canada

Getting certified translations for business documents right, accurate, compliant, and accepted by the authority reviewing them, isn’t just a box to tick. It’s what keeps deals moving, filings on time, and your business working seamlessly.

Read Full PostRead - Eye Icon
How to Prepare Your Business for Expansion: A Quick Guide
News
03/02/2023How to Prepare Your Business for Expansion: A Quick Guide

There’s no doubt that starting a new business can be very rewarding, but there are also challenges that come with it. Making sure that your business is thriving and taking the next steps will be vital to your success.

Read Full PostRead - Eye Icon
Expanding Your Business Through Acquisition Financing
News
26/04/2024Expanding Your Business Through Acquisition Financing

Expanding a business often entails acquiring another company. This ambitious move, however, requires careful financial planning as well as a deep dive into full standby seller financing and other strategies. For businesses, big or small, pondering an

Read Full PostRead - Eye Icon
Why Data is and Always Will Be The Next Big Thing
Innovation
07/08/2020Why Data is and Always Will Be The Next Big Thing

Data has ushered in a new digital era for businesses, society and individuals – one that’s revolutionizing customer and employee experiences, creating more dynamic, responsive, and personalised business models, and even sparking entirely new industries.

Read Full PostRead - Eye Icon
Hungary: A Soaring Economy, Beating the Odds
Legal
03/03/2016Hungary: A Soaring Economy, Beating the Odds

Barkassy Grünfeld is a “new-wave law firm” which breaks the traditional approach of counselling and introduces new progressive concepts in pricing and legal services.

Read Full PostRead - Eye Icon
Within The Financial Space, What Is A Security?
Finance
14/01/2019Within The Financial Space, What Is A Security?

Whilst many have heard the term security before, equally many do not understand its implications as a noun. Within the financial space, a security is, put simply, a certificate or form of declaration which indicates that something is tradable, and therefore ha

Read Full PostRead - Eye Icon
Greenwashing, Social Washing and other Laundry Matters
Leadership
29/10/2020Greenwashing, Social Washing and other Laundry Matters

Across the world businesses are reappraising how they operate and, in many cases, challenging what is really important to their workers.

Read Full PostRead - Eye Icon
Lawrence Grant Chartered Accountants
Finance
03/06/2016Lawrence Grant Chartered Accountants

Lawrence Grant Chartered Accountants has been providing accountancy services and tax advice to 100’s of individuals, sole traders, corporate businesses and multi-national clients across Middlesex and the Greater London area since 1969.

Read Full PostRead - Eye Icon
Rationality in Business  is Overrated
Strategy
29/05/2015Rationality in Business is Overrated

We hear from Kate Howe, Managing Director at gyro about why she believes emotions are pivotal to business success.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow