Bronfman E.L. Rothschild LP has acquired Highline Wealth Management LLC to create a $3.6 billion firm with offices in nine locations, Bronfrom E.L. Rothschild announced Tuesday.
Neal Simon, the founder of Highline, will become CEO of the combined firms and will join the Bronfman E.L. Rothschild executive management committee.
Highline is based in the Washington, D.C., area and Bronfman E.L. Rothschild has offices in Madison, Wis., and Rockville, Md. Bronfman E.L. Rothschild now has nine offices in the Midwest and Northeast.
“The acquisition of Highline Wealth Management takes our firm to a new level in continuing to improve our client experience,” says Bruce Laning, principal and managing director of Bronfman E.L. Rothschild. “We plan to continue our smart-growth strategy in both the Midwest and Northeast, creating opportunities for both clients and employees.”
Bronfman E.L. Rothschild recently acquired Lake Country Wealth Management, based in Delafield, Wis., while Highline recently has added advisors from wirehouse firms and other independent registered investment advisory firms.
Bronfman E.L. Rothschild serves individuals and families as well as serving as a consultant for corporate retirement plans.
