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Thursday, May 21, 2026

Hightower to Buy Newport Beach’s Bahnsen Group

Says will pursue `strategic opportunities'

The Bahnsen Group, a Newport Beach-based wealth management firm that’s grown to $9.5 billion in assets under management, will be acquired by Hightower, a Chicago-based wealth management firm. Terms weren’t disclosed.
The Bahnsen Group has been one of Hightower’s fastest-growing and strongest-performing franchises, the company said.
“This partnership with Hightower will be instrumental to the next phase of our growth,” said David Bahnsen, founder and managing partner of The Bahnsen Group. “With deeper integration across Hightower, we are well-positioned to continue investing in our team and pursuing both organic growth and strategic opportunities. This venture leverages the strengths of each party to the benefit of our clients.”
TBG will continue to operate under its established brand while leveraging Hightower’s expanded resources and infrastructure, and will add a “A Hightower Company” to its name and logo.
For more details, see the May 4 issue of the Business Journal.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.

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