Clearstead Advisors Acquires Wilbanks Smith & Thomas Asset Management

Clearstead Advisors Acquires Avalon Trust

March 1, 2023

Wealth Management

Clearstead Advisors has acquired Avalon Trust, a Santa Fe-based wealth management and trust firm, expanding Clearstead's presence in the Southwest and bolstering its trust capabilities. Avalon — which manages approximately $2 billion in assets and has 13 employees — will join Clearstead's platform, with Avalon leaders becoming partners and the combined firm overseeing roughly $28 billion in assets under advisement and management.

Clearstead Advisors Acquires Waveland Family Office

January 31, 2025

Financial Services

Clearstead Advisors, a Cleveland-based RIA backed by Flexpoint Ford, has acquired the assets of Waveland Family Office LLC, a northern Chicago suburban family office with approximately $420 million AUM. The deal closed January 31; Waveland’s six employees will join Clearstead and principals Allen C. Berg and Dennis Zaslavsky will join as equity partners, expanding Clearstead’s Midwest presence and capabilities.

Clearstead Advisors Acquires Scott Snow (financial advisors) LLC

August 1, 2022

Wealth Management

Private equity–backed Clearstead Advisors has acquired Scott Snow (financial advisors) LLC, an eponymous Westlake, Ohio wealth management firm founded by Scott Snow. The add-on transaction expands Clearstead’s private wealth management capabilities and adds roughly $530 million to the firm’s assets under advisement as it grows its inorganic acquisition program.

Flexpoint Ford Acquires Majority Stake in Clearstead Advisors

October 8, 2021

Financial Services

Flexpoint Ford has agreed to acquire a majority stake in Clearstead Advisors, a Cleveland-based registered investment advisor with approximately $29 billion in assets under management and advisement. The investment, which will see current investor Rosemont Investment Partners exit its minority stake, is intended to accelerate Clearstead's organic growth and strategic acquisitions and is expected to close by year-end subject to regulatory approval.

Clearstead Advisors Acquires The Clarius Group

January 31, 2026

Wealth Management

Clearstead Advisors has acquired The Clarius Group, a Seattle-based multi-family office overseeing approximately $5.1 billion in assets, with the transaction closing on January 31, 2026. Thirty-six Clarius professionals, including co-founders Keith Vernon and Matthew Talbot, joined Clearstead as part of the deal, which strengthens Clearstead's ultra-high-net-worth and family office capabilities and its presence in the Pacific Northwest.

WA Asset Management Acquires BT Wealth Management

June 30, 2022

Financial Services

WA Asset Management (WAAM), a Birmingham-based registered investment adviser, has acquired BT Wealth Management (BTWM), the wealth management division of Bennett Thrasher, LLP. The deal brings BTWM's 14-person team and approximately $1 billion in AUM into WAAM and establishes a strategic foothold for WAAM in Georgia (Atlanta and Savannah) to support further regional growth.