OUR HISTORY

Authentic. Steadfast. Clearstead.

Since its inception in 1989, Clearstead has been guided by the belief that objective investment advice and research are central to optimal client results.

Dave Fulton, Chief Executive Officer

1986

Chess Financial Founded

Chess Financial provided investment management and tax, estate and financial planning since it’s foundation in 1986. The core of their business operated as a fee-only firm, meaning their advisers don’t earn money by recommending and/or selling specific products.

1989

Clearstead founded

In 1989, Clearstead, then known as Hartland, was founded as an institutional investment advisor dedicated to providing the highest quality objective investment advice and research. Clearstead’s first clients were defined benefit pension plans, but came to include endowments, foundations, healthcare organizations, and defined contribution plans.  In 2010 the firm began providing integrated wealth services to individuals and families with the same rigorous approach it applied to its largest institutional clients.

2011

Clearstead acquires Chess Financial

Clearstead acquires Chess Financial, adding 23 employees and 150 family and individual clients. Both firms were independent, fee-only advisors, dedicated to providing objective financial counsel.

Clearstead launches OCIO discretionary services.

Employees: 50

ASSETS UNDER MANAGEMENT: $1.1B

ASSETS UNDER ADVISEMENT: $11.5B

2014

Clearstead acquires Plimsoll Mark Capital

Clearstead consolidates Northeast Ohio operations in downtown Cleveland.

On December 31, Clearstead completes its acquisition of Portland, Maine-based wealth advisor Plimsoll Mark Capital. The acquisition adds $0.28B in AUM and expands the firm’s presence outside Northeast Ohio.

Clearstead also began its EmpowHER initiative to advance the careers of women at the firm and in the financial advisory industry. Clearstead dedicated itself to inclusiveness in recruiting, hiring, and firm decision-making.

Employees: 55

ASSETS UNDER MANAGEMENT: $2.2B

ASSETS UNDER ADVISEMENT: $15.5B

2016

Lancaster Pollard

Clearstead acquires Lancaster Pollard Investment Advisor Group, an institutional investment consulting firm located in Columbus, Ohio.

Employees: 69

ASSETS UNDER MANAGEMENT: $3.2B

ASSETS UNDER ADVISEMENT: $18.0B

lancaster-pollard-logo

2018

CLEARSTEAD LAUNCHES

The firm is rebranded and renamed Clearstead Advisors, LLC. The name Clearstead combines core firm attributes of clarity and steadfastness. Today, Clearstead continues to prosper by building its private client and institutional advisory businesses.

75 EMPLOYEES

OVER 550 PRIVATE CLIENTS

OVER 125 INSTITUTIONS

$4 BILLION ASSETS UNDER MANAGEMENT

$20 BILLION ASSETS UNDER ADVISEMENT

28 EMPLOYEE AND BOARD MEMBER SHAREHOLDERS

Find Your Clarity

We provide objective financial leadership through our fee-only advisory model. We do not offer proprietary products and receive no commissions from the investments we recommend: our only source of revenue is advisory fees we receive for financial advice. Our objectivity is central to the effective service we provide our clients.

Clearstead is an institutional and private client advisory firm that is relentless in providing solutions so our clients can exceed their aspirations and build stronger legacies for their families, their communities, and themselves.

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1100 Superior Avenue East
Suite 700 | Cleveland, Ohio 44114
216-621-1090

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