Bob Oros – RIA Perspective at Hightower (Private Wealth 7, EP.452) | Capital Allocators – Inside the Institutional Investment Industry

In this episode of Capital Allocators, Ted Seides interviews Bob Oros, the outgoing Chairman and CEO of Hightower Advisors, about the evolution of private wealth management and the RIA business. Oros discusses Hightower's founding and transformation, its acquisition strategy, advisor retention, and investment approach, including the growing allocation to private markets. He also shares his decision to step down as CEO, reflecting on leadership lessons learned, such as adaptability, scenario planning, transparency, and vulnerability. The conversation covers the shift from product sales to holistic planning, the impact of private equity ownership, and trends in the RIA channel, including consolidation, private market investments, and the integration of AI.

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Bob Oros – RIA Perspective at Hightower (Private Wealth 7, EP.452)

Capital Allocators – Inside the Institutional Investment Industry

Introduction to Capital Allocators and the Rise of Alternative Investments in Private Wealth

Introducing Bob Oros and the Evolution of Financial Advisory

The Transformation of Hightower and the RIA Business Model

Hightower's Acquisition Strategy and Onboarding Process

Addressing Acquisition Challenges, Advisor Retention, and Private Equity Ownership

Hightower's Investment Approach and the Role of Private Markets

Trends in the RIA Channel and the Growth of Private Markets

Bob Oros's Decision to Step Down and Leadership Lessons

Podcast Outro

Bob Oros – RIA Perspective at Hightower (Private Wealth 7, EP.452)

Capital Allocators – Inside the Institutional Investment Industry

00:01Introduction to Capital Allocators and the Rise of Alternative Investments in Private Wealth

Introduction to Capital Allocators and the Rise of Alternative Investments in Private Wealth

04:30Introducing Bob Oros and the Evolution of Financial Advisory

Introducing Bob Oros and the Evolution of Financial Advisory

11:46The Transformation of Hightower and the RIA Business Model

The Transformation of Hightower and the RIA Business Model

17:09Hightower's Acquisition Strategy and Onboarding Process

Hightower's Acquisition Strategy and Onboarding Process

24:31Addressing Acquisition Challenges, Advisor Retention, and Private Equity Ownership

Addressing Acquisition Challenges, Advisor Retention, and Private Equity Ownership

31:36Hightower's Investment Approach and the Role of Private Markets

Hightower's Investment Approach and the Role of Private Markets

37:42Trends in the RIA Channel and the Growth of Private Markets

Trends in the RIA Channel and the Growth of Private Markets

43:09Bob Oros's Decision to Step Down and Leadership Lessons

Bob Oros's Decision to Step Down and Leadership Lessons

55:11Podcast Outro

Podcast Outro