Nitrogen | Press Release: Nitrogen Provides Services to HighTower
Today, HighTower and Nitrogen are announcing an enterprise agreement that delivers Nitrogen to advisors at scale, and we couldn’t be more thrilled to empower fearless investing through this relationship. Read the full press release below.
HighTower Chooses Nitrogen to Provide Risk Alignment and Trading Automation
Latest wealth management enterprise to provide advisors access to the Nitrogen platform
AUBURN, CALIFORNIA — September 5, 2019 /PRNEWSWIRE/ —
Today, Nitrogen announced an enterprise agreement to deliver risk alignment to HighTower financial advisors at scale. Nitrogen’s diverse platform of client engagement tools, analytics technology, and trading automation equips HighTower advisors with the capabilities to better serve and align clients.
“We are honored that HighTower has chosen Nitrogen and are excited to partner with their advisors,” said Aaron Klein, CEO at Nitrogen. “Our mission to empower the world to invest fearlessly continues to grow thanks to incredible firms like HighTower who align with our priorities and vision.”
With HighTower’s focus on growing both organically and inorganically this year, the company selected Nitrogen not only to assist their advisors with aligning portfolios with clients’ risk tolerances, but also for its prospecting tool and capabilities. Nitrogen’s continuous investment in integrations and automation played a significant role in HighTower’s decision.
“We have been eager to partner with Nitrogen and provide their offerings to our advisors, to better equip their decision-making, support document alignment, fiduciary duty to clients, and more,” said Jared Schwartz, Chief Risk Officer atHighTower. “We strive to engage and empower both our clients and advisors with the best technology platforms available. Nitrogen’s sophisticated tools allow us to achieve just that.”
HighTower will now have access to Autopilot, Nitrogen’s Trading Automation solution that leads advisors to make intelligent fiduciary decisions through technology. Also, advisors will have full access to Risk Assessments, Portfolio Analytics, Retirement Maps, and more features that will further align clients and their portfolios.
“It’s an exciting time for us to partner with HighTower at this point in their business,” said Patrick Hannon, Managing Director of Major Accounts at Nitrogen. “Both our companies share a common goal to provide premium service to clients by granting advisors access to exceptional tools and technology, and we look forward to our journey together.”
The enterprise agreement between the two firms is currently in place, and HighTower has already activated Nitrogen users on the platform.
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Nitrogen is the company that invented the Risk Number®, which powers the world’s first Risk Alignment Platform and was built on top of a Nobel Prize-winning academic framework. Advisors, broker-dealers, RIAs and asset managers use the Nitrogen platform to create alignment between clients and portfolios, leverage sophisticated analytics to increase the quality of their advice, automate trading and client account management, and access world-class models and research in the Nitrogen Partner Store — all with the mission of empowering the world to invest fearlessly. To learn more, visit riskalyze.com.
HighTower is a national wealth management firm that provides growth capital and front- to back-end support services to independent-minded financial advisory businesses. Operating as a Registered Investment Advisor, HighTower provides investment, financial and retirement planning services to individuals, foundations and family offices. Corporate services include 401(k) consulting and corporate cash management. Visit www.hightoweradvisors.com.
Securities offered through HighTower Securities, LLC member FINRA/SIPC. HighTower Advisors, LLC is a SEC registered investment advisor.