HighTower has recruited the Blanke Schein group in Palm Desert, California to its advisor network.

The group is led by William Blanke, Robert Schein and J Michael Shields, all of who will take up the role as partners and managing directors at HighTower.

Blanke has 37 years of industry experience, including 20 at Morgan Stanley Smith Barney; Schein has 20 years of experience, having spent the last 10 at MSSB; and Shields had also spent three years at MSSB.

"Wall Street's model is now designed to maximize the profits it earns off each client. Our model is designed to maximize the amount of choice and competitive access our clients can get," said Kevin Geary, the director of business development for HighTower on the West Coast.

This is the second group the firm has recruited in the Palm Desert area over the past month.