© 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
The New Middle Ground in Investing That Rewards Patience Without Killing Momentum
Innovation
02/02/2026The New Middle Ground in Investing That Rewards Patience Without Killing Momentum

For years, investing conversations have bounced between two loud extremes. On one side, high risk speculation that promises the moon and delivers heartburn. On the other, slow and steady strategies that feel responsible but can leave people wondering if their

Read Full PostRead - Eye Icon
Top Reasons Your Business Isn’t Making Money
News
15/06/2022Top Reasons Your Business Isn’t Making Money

Has your business become a financial liability instead of an asset? As more than half of all small businesses fail within the first five years, you can imagine that many people have likely found themselves in this situation. They invested a lot of time, money,

Read Full PostRead - Eye Icon
Best Optical Industry Business Advisors – UK
Finance
20/05/2016Best Optical Industry Business Advisors – UK

Profits in Focus are the only accountants and business advisors who specialise in the optical industry.

Read Full PostRead - Eye Icon
R3Location: Trusted Relocation in a Complex City
Strategy
19/01/2018R3Location: Trusted Relocation in a Complex City

R3Location Limited offers an exceptional range of relocation services to companies moving assignees into London and the South East.

Read Full PostRead - Eye Icon
The Role of Innovation in Modern Marketing Strategies
News
28/05/2024The Role of Innovation in Modern Marketing Strategies

In the dynamic terrain of modern marketing, innovation isn’t just a buzzword; it’s the linchpin of success. Whether you’re managing an HVAC company or overseeing an eCommerce empire, novel strategies can dramatically amplify your reach and pr

Read Full PostRead - Eye Icon
Who Performs Outsourced CCO Services?
News
08/09/2025Who Performs Outsourced CCO Services?

The financial world can be challenging to navigate, especially when dealing with foreign investments. After all, the regulations could be unique to each country and any mistake can be costly. Thankfully, you can get an outsourced chief compliance officer or CC

Read Full PostRead - Eye Icon
Maximizing Your Online Presence: Unleashing the Power of Google Ads for Business Growth
News
06/11/2023Maximizing Your Online Presence: Unleashing the Power of Google Ads for Business Growth

In today’s digital age, establishing a strong online presence is essential for businesses looking to thrive and expand. With countless potential customers turning to the internet to find products and services, it’s crucial to leverage effective dig

Read Full PostRead - Eye Icon
The HR Guide to Navigating Multi-State Labor Laws for Remote Teams
Legal
23/02/2026The HR Guide to Navigating Multi-State Labor Laws for Remote Teams

Remote work has permanently reshaped the workforce. What began as a temporary adjustment is now a long-term strategy for companies competing for talent across state lines. However, with that flexibility also comes the serious compliance challenge of multi-stat

Read Full PostRead - Eye Icon
GDPR: What you need to know
Finance
28/03/2018GDPR: What you need to know

From 25 May 2018 the Data Protection Act 1998 (DPA) will be replaced by The General Data Protection Regulation (GDPR), and it will bring important changes to the ways data is stored and processed by businesses.



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