Hightower

Recruit Deal

170% to 220%

Upfront payment: 90% to 120% cash

Hightower equity: 80% to 100% of production (in private equity)

Comp/Payout

Selective Employee Exclusive Membership
Relationship to HighTower HighTower employee, full benefits, etc. Independent business owner
Autonomy & Control (ADV) Hightower HT ADV or Advisor’s own ADV
Up-front Cash (note) 90% – 120% production none
Up-front HT Equity 80% – 100% production none
Cash Comp/Payout post vest 45% – 55% revenue (W2) 80% – 85% revenue payout
Start-up loan unnecessary Yes
Business services** 100% services Core business services; Advisor augments