People Moves

HighTower Names New President As Part Of Executive Team Changes

Eliane Chavagnon, Deputy Editor - Family Wealth Report, 14 October 2013


Chicago, IL-based HighTower, the advisor-owned firm, has
named its chief operating officer, Michael LaMena, as president.

LaMena succeeds Drew Kornreich, who HighTower said will move
into an advisor role focusing on corporate finance and strategic M&A
activities, while retaining his equity stake in the company.

LaMena has been COO since 2011 and will retain this position
alongside his new role as president.

This move is one of several executive team changes the firm
has made. For example, Michael Parker is now national director of HighTower’s enterprise
development and relationship management unit, overseeing business and advisor
development initiatives; Mike Papedis is national director of business development;
and Matthew Camden is now chief of staff, serving as a liaison between
executive management and departments across the firm. Larry Koehler remains as chief
financial officer.

HighTower is a national financial services
company serving high net worth and institutional clients. Last month, Huntsville,
AL-based Twickenham Wealth Advisors joined the HighTower Network, adding to
other groups coming on board.

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