Rosemont Investment Group has been featured in Pensions & Investments Q4 2021 money manager M&A activity report for the sale of its minority stake in Clearstead Advisors. According to the publication, this sale was one of thirty-two deals taking place in our industry throughout the quarter in total.
“Clearstead has developed into one of the premier investment advisory and wealth management firms in the country,” Rosemont Managing Director Brad Mook said regarding the sale in a previous press release. “It is well-structured and positioned to continue to grow and serve its clients at a very high level, and we are proud to have helped as its strategic partner over the past four years. We would have happily continued as Clearstead’s partner indefinitely if not for our legacy PE fund structure.”
Click here to read the entire Pensions & Investments report.