Pinnacle Management & Trust Co. was founded in 1994 by multi-generational Houstonians, Stephen Reckling and Stephen Strake. To expand the platform beyond fiduciary services, Pinnacle joined Salient Partners, L.P., a provider of private client family office services, with the trust company later re-branded as Salient Trust Co., LTA in 2004.
In early 2011, we acquired RDG Capital, LLC to further expand our RIA business serving ultra-and high-net-worth individuals, families, foundations, and endowments. Recognizing the need to expand our private investment platform, we acquired Teton Strategic Investments, Inc. to offer selective private equity and alternative investment strategies. In 2018, with $4.471 billion under management, we joined Hightower, one of the nation’s largest Registered Investment Advisors, and rebranded our practice as Hightower Texas. This strategic partnership allows us to leverage Hightower’s sophisticated resources to enhance our service offering for both our current and future clients.
Over our 24-year history our singular goal has been to provide long-standing clients with a holistic, Houston-based, independent-minded wealth advisory and fiduciary solution. We look forward to carrying on that tradition as Hightower Texas.
Our founding partners include members of some of Houston’s most distinguished families, and we bring to bear our personal understanding of the services that these families require on behalf of each of our clients every day.
At Hightower Texas, we recognize that one size does not fit all. Each family’s needs, goals and passions are distinct, so we developed our service offering to be customizable. When we build portfolios for our clients, we focus on the following: