J.M. Egan Wealth Advisors, a registered investment adviser (RIA) with offices in Sea Girt and Madison in New Jersey and New York City, has merged with wealth manager HighTower.
J.M. Egan manages nearly $300m in assets under management (AUM) under the leadership of managing director John Egan.
Following the merger, J.M. Egan will be renamed as The Egan Group at HighTower. The firm will move its New York City office into HighTower’s New York headquarters, while the Madison and Sea Girt offices will continue to operate in their current locations.
HighTower CEO Elliot Weissbluth said: "We built HighTower for elite advisors who are deeply passionate about making a difference in their clients’ lives. John started his business more than twenty-five years ago to do just that, and we proudly welcome him to our growing community."
Egan said: "We decided to merge with HighTower based on the strength of its platform and the deep bench of expertise among its advisors. The families and individuals we serve will benefit significantly from HighTower’s collective wisdom, and the support from a larger organization will help enable our team’s future growth."