Hightower acquires Journey Strategic Wealth with $5B in assets
Summit, NJ
Summary
Hightower Advisors entered into an agreement to acquire Journey Strategic Wealth, led by Penny Phillips, marking Hightower Signature Wealth's first external acquisition. Journey brings approximately $5 billion in assets under management; upon close, Hightower Signature Wealth will represent more than $25 billion across 27 locations. The transaction was expected to close end of March 2026.
Sources
1  hightoweradvisors.com | Hightower Adds First External Acquisition to Hightower Signature Wealth with $5B Journey Strategic Wealth · March 4, 2026 |
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