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Deals & People August 19, 2014
HighTower Network Adds Baltimore Practice
Financial services provider HighTower has added a Baltimore-based advisory firm, Fiduciary Plan Advisors, to its national employee benefit and institutional investment services network.
Reported by PLANADVISER staff
Fiduciary Plan Advisors operates as a full-service consultant for employer sponsored retirement plans. The firm will integrate HighTower’s investment and client service platforms as part of the move and will also gain access to compliance, research, operations and business development tools.
The Fiduciary Plan Advisors team is led by CEO Jania Stout, who is formerly of PSA Financial Advisors. Stout was a senior vice president and retirement plan consultant at PSA, and served primarily midsize companies’ corporate retirement planning needs through the firm’s fiduciary consulting group. Stout also managed a team of advisers who served in a co-fiduciary role with plan sponsors responsible for 401(k) plans with billions of dollars of investments.
Stout says the Fiduciary Plan Advisors practice has grown from serving the Baltimore and Washington, D.C., areas to advising clients all over the country on the challenges and complexities associated with providing corporate retirement plans.
“Membership in the HighTower Network gives us the infrastructure to support a national footprint and enables us to remain fully focused on addressing our clients’ unique needs as we continue to build our business,” she adds.
More information on the HighTower network is available at www.hightoweradvisors.com.