Money manager HighTower has opened a new office in Sparks in a move to expand into the Baltimore market, the Chicago company announced Tuesday.

Leo J. Kelly III, a HighTower managing director and partner, will lead the five-member team, which manages $700 million in assets.

Previous, Kelly worked at The Kelly Group at Merrill Lynch Wealth Management.

HighTower, which also opened a Los Angeles office, serves high net worth and institutional clients.

Hanah.cho@baltsun.com

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