Hightower Advisors completed the acquisition of Bel Air Investment Advisors from Fiera Capital.

Hightower Advisors, a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, completed the acquisition of Bel Air Investment Advisors, a wealth management advisory firm, providing financial advisory, asset and investment management services to exclusively high net worth individuals, families, trusts and foundations, from Fiera Capital, an independent investment management firm. The transaction is expected to close in the first quarter of 2021. Financial terms were not disclosed. "We are honored to be welcoming Bel Air to Hightower and look forward to collaborating with the team and providing access to our strategic consulting services, which focus on organic growth and talent development, as well as offering additional scale through our middle- and back-office capabilities," Bob Oros, Hightower CEO.