{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets","title":"Hightower's Larry Restieri - building a $1T RIA and operating at the intersection of private markets and private wealth","html":"","width":"100%","height":180,"duration":3039,"description":"Welcome back to the Alt Goes Mainstream podcast.\nToday’s episode dives deep into the world of wealth management with someone whose career is emblematic of the intersection of private markets and private wealth.\nWe sat down with Larry Restieri, the CEO of Hightower.\nLarry is the CEO and a member of the Board of Directors at Hightower, a national wealth management firm that empowers financial advisors to deliver sophisticated investment and financial services to clients.\nLarry joined the firm in June 2025 from Goldman Sachs, where he was a Partner. Larry served as the CEO of Goldman’s AYCO business, which specializes in workplace financial planning and private wealth advisory services.\nHe held a variety of leadership roles at Goldman across its wealth and asset management divisions, including heading up the Alternative Capital Markets business.\nLarry and I had a fascinating conversation about the continuing convergence of private markets and private wealth from someone who was at the forefront of this industry transformation. We covered:\nThe evolution of private markets within the wealth channel.\nLessons learned from Larry’s time building Goldman’s Alternative Capital Markets business and the AYCO business.\nThe path to building Hightower into a $1T RIA. \nThe build-out of Hightower’s Signature Wealth brand.\nWhat does the continued buildout of private equity-backed platforms mean for the evolution of wealth management?\nWhat drives financial advisors?\nThe benefits of the independent RIA model.\nHow and why wealth clients should be thinking about private markets.\nThanks, Larry, for sharing your wisdom, expertise, and passion at the intersection of private markets and private wealth.\nShow Notes\n00:15 Meet Larry Restieri\n01:22 Sponsor Message from Ultimus Fund Solutions\n05:37 Larry Career Journey\n11:21 Why Hightower\n12:02 Next Wealth Evolution\n14:37 Democratizing Alternatives\n17:08 Education And Expectations\n18:14 GPs And Distribution\n19:49 Big Versus Niche Managers\n22:09...","thumbnail_url":"https://img.transistorcdn.com/AFAZ1vkAT92lFJtqt-r0HeFQ55KTdcbJHmgKXaMlAtY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE5MDA4LzE2MTQ1/Mzk1MDUtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}