News & Events
Pensions & Investments Reports on Rosemont’s Sale of Stake in Foundry Partners
Pensions & Investments recently reported on Rosemont’s sale of its minority stake in Foundry Partners to the institutional asset management boutique’s employees. Rosemont provided Foundry with equity capital and was the firm’s sole minority shareholder at the time... read more
SWFI Announces Rosemont’s Sale of Ownership Back to Foundry
Following an announcement from Rosemont, the Sovereign Wealth Fund Institute, commonly referred to as SWFI, reported that Rosemont Partners III, LP has sold its 23% stake in Foundry Partners. Rosemont sold its equity stake back to Foundry’s employees, helping them... read more
ROSEMONT SELLS OWNERSHIP STAKE BACK TO FOUNDRY
Foundry Partners Becomes 100% Employee Owned Conshohocken, PA, December 6, 2021 – Rosemont, a private investor in employee-owned asset and wealth management firms, announces the sale of Rosemont Partners III, LP’s minority equity interest in Foundry Partners, an... read more
Brad Mook Speaks at Annual Private Wealth Management Conference
We are pleased to announce that Rosemont Investment Group Managing Director Brad Mook recently shared his wealth management mergers and acquisitions expertise at CFA Society Philadelphia’s 2021 Private Wealth Management Conference. This annual conference focused on... read more
Succession and Ownership: Evergreen Challenges
The investment industry has long been a particularly notable hot bed of succession issues. Our industry is perhaps more dependent on the capabilities of its employees and leaders than any other. This is certainly less true for large enterprises managing hundreds of... read more
Crain’s Cleveland Business Reports on Rosemont’s Sale of Minority Stake in Clearstead Advisors
Crain’s Cleveland Business recently covered the news that Rosemont Investment Partners is selling its minority stake in Clearstead Advisors, a Cleveland-based registered investment advisor with approximately $30 billion in assets under advisement and 110 employees.... read more
Chas Burkhart Speaks at NASP 32nd Annual Financial Services Conference
Starting an investment management firm today is a daunting task. Thoughtful and aligned growth capital is hard to find. Competition far and wide, the demand for investment excellence, the necessary business acumen, and having enough smart capital behind you are all... read more
Pensions & Investments Speaks with Rosemont on Sale of Minority Stake in Clearstead
Pensions & Investments recently spoke with Rosemont to discuss the sale of its minority stake in Clearstead, an RIA firm with approximately $28 billion in assets under advisement. Rosemont, which owned 32% of Clearstead at the time of the announcement, made its... read more
Citywire Discusses the Sale of Minority Equity Ownership in Clearstead with Rosemont Managing Director Brad Mook
Citywire recently sat down with Rosemont Investment Partners to discuss the sale of its minority equity ownership of Clearstead. As a Cleveland-based RIA overseeing $28 billion in assets, Clearstead “manages money for high-net-worth individuals and offers investment... read more
Yahoo Finance: Rosemont Poised to Execute Final Stage of Recapitalization Investment
Following an announcement from Rosemont, Yahoo Finance reported that the firm has entered into an agreement to sell Rosemont Partners III, LP’s minority equity interest in Clearstead, executing the final stage of a recapitalization investment. The publication reported... read more
MarketWatch Reports Rosemont’s Sale of Minority Equity Interest in Clearstead
MarketWatch recently reported that Rosemont has entered a definitive agreement, pending regulatory approval, to sell its minority equity interest in Clearstead, an institutional and private client advisory firm with approximately $28 billion in assets under management... read more
Rosemont Sells Stake in Clearstead, Executing Final Stage of Recapitalization Investment
CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–Rosemont, a private investor in employee-owned asset and wealth management firms, announces it has entered a definitive agreement, subject to regulatory approval, to sell Rosemont Partners III, LP’s minority equity... read more
The Secret Sauce of Alignment
By Brad Mook In our last post (Skin in the Game) we wrote about the importance of alignment between employees and owners, and how broad employee ownership can create structural and behavioral alignment. We received a lot of interesting feedback and had a number of... read more
Forming Partnerships in a Pandemic
Six months into the global pandemic, with little business travel happening, it’s understandable that people in our industry are finding new ways to get business done. Professionals have gotten comfortable with video conferencing, and as time drags on it gets easier... read more
Rosemont Agrees to Sell
Interest in Litman Gregory
CONSHOHOCKEN, PA, March 9, 2021 – Rosemont, a private investor in employee-owned asset and wealth management firms, announces it has entered a definitive agreement to sell Rosemont Partners III, LP’s minority equity interest in Litman Gregory to iM Global Partner.... read more 
Rosemont Sells Interest In
Boston Common Asset Management
CONSHOHOCKEN, PA, February 1, 2021 – Rosemont, a private investor in employee-owned asset and wealth management firms, announces the sale of Rosemont Partners III, LP’s minority equity interest in Boston Common Asset Management, LLC. Rosemont’s interest was... read more 
Skin in the Game
by Brad Mook A while back in my career I was a capital allocator for a large manager of managers. I was fortunate to have a real-time laboratory through which to study industry practices around a whole host of issues, one of which was ownership vs compensation. I... read more
Batten Down the Hatches
Managing Through Uncertainty and Disconnect… Good Prep is Good Practice The investment industry is in a precarious position of late, as markets have risen and appear to have run right through a wall of economic worry this quarter (yesterday notwithstanding). Secular... read more
Cost Management P&L Dislocation
Implications of the COVID-19 Crisis An issue that affects everyone in the investment management ecosystem—whether managers, intermediaries, or allocators, etc.—is the effect of revenue declines on cost structures. A number of articles have touched on the viability of... read more
What Happened to the Commercial-Grade Investment Management Startup?
Where are the modern day Oaktrees, Silvercrests, Silchesters, Champlains, Magellans, Mawers, GMOs, etc.? As advisors and/or funders to a number of commercial-grade investment management startups—including several of the names above—the subject matter has been a... read more
Rosemont Investment Group Acquires Minority Interest in
1607 Capital Partners
CONSHOHOCKEN, PA, September 19, 2019 – Rosemont Investment Group, LLC, a permanent capital investor in asset and wealth management firms, is pleased to announce the signing of a definitive agreement to acquire a minority equity interest in 1607 Capital Partners, LLC.... read more 
Rosemont Investment Group Welcomes Brad Mook
as Managing Director
CONSHOHOCKEN, PA, March 4, 2019 – Rosemont Investment Group, LLC is pleased to announce that Brad Mook has joined Rosemont as Managing Director, and head of due diligence, financial modeling, and research. His responsibilities will include sourcing, evaluating, and... read more 
Markel Announces
Rosemont Partnership
RICHMOND, VA, June 4, 2018 — Markel Corporation (“Markel”) (NYSE: MKL) and Chas Burkhart announced today the formation of Rosemont Investment Group, LLC, (“Rosemont”), a company established to provide permanent capital solutions to asset and wealth management firms.... read more 