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HighTower Grows New York HQ Wiith $320 Million Former Merrill Team

Eliane Chavagnon, Deputy Editor Americas, 27 November 2013


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

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.


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