Serving clients from the world of venture capital poses special challenges for planners. Much like entrepreneurs, venture capital general partners bring risky and highly concentrated investments that cry out for diversification.

In adding its sixth advisor team this year, financial services firm HighTower brought on a pair of advisors from UBS with an expertise in this practice area. David Molnar and Drew Nordlicht, of the Molnar/Nordlicht Group, left the wirehouse world on Friday to join HighTower. Based in San Diego, the planners started their business while at Smith Barney serving general partners of local venture capital firms in the technology and health care industries.

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