Clearstead Advisors Acquires The Clarius Group

Clearstead Advisors Acquires myCIO Wealth Partners Advisory Team in Philadelphia

July 1, 2026

Financial Services

Clearstead Advisors, LLC acquired an experienced Philadelphia-based wealth management advisory team formerly part of myCIO Wealth Partners, LLC. The team advised about $2.6 billion of regulatory assets under management (AUM) and about $2.7 billion of additional assets under advisement, and the transaction closed on June 30, 2026.

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 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.

Stout Acquires The Claro Group, LLC

October 1, 2022

Consulting

Stout acquired The Claro Group, LLC, a financial, economic, and management consulting firm, adding a team of 92 professionals and expanded capabilities in insurance claims, economic consulting, and restructuring. The transaction became effective October 1, 2022 and represents Stout's fourth acquisition since Audax Private Equity invested in the firm.

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.