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HighTower Grows New York HQ Wiith $320 Million Former Merrill Team
A firm that was once part of Merrill Lynch has joined the US-based HighTower partnership in New York.
LCK Wealth Management - formerly part of Merrill Lynch Wealth Management’s private banking and investment group - has joined the HighTower partnership of firms in New York.
LCK Wealth Management provides wealth management and investment services for families, trusts, foundations, charitable organisations and other non-profit entities.
The firm is led by Laurie Kamhi, who joins HighTower as a partner and managing director. Also on the team, which manages $320 million in client assets, is senior financial analyst Christine Torrey and senior private wealth associate Karman Tong.
Kamhi has more than 30 years of experience in investing, private wealth management and institutional trading and sales.
Only last week did HighTower add The Andriole Group to its partnership, having also recruited Melville, NY-based Klein Wealth Management two weeks prior. LCK is the 41st team to transition to the HighTower partnership since the firm’s inception in 2008.
HighTower is an advisor-owned financial services company serving high net worth and institutional clients. The company is headquartered in Chicago but has corporate centers in New York and San Francisco as well as other offices across the US.
