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

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.