Press Release: Clearstead Advisors Continues Steady Growth, Acquires Burkhart & Co.

On October 2, 2021, Clearstead Advisors, an institutional investment consulting and private wealth management firm, acquired Burkhart & Co., a local private client advisory firm. Burkhart & Co. is based in Cleveland Heights and focuses on advising private clients on investments, insurance, and financial plans. It has been in business for over twenty years and serves more than 150 clients in Ohio and 28 other states.

Of this acquisition, Clearstead Chief Executive and Chairman Dave Fulton said, “We are delighted that Eileen Burkhart and her team are joining Clearstead.  They are a top-quality group and will contribute to our client service efforts.”

The acquisition comes as a part of Clearstead’s strategic growth efforts and adds seven professionals to the firm’s 104 employees. Recently, Clearstead also expanded its physical space in downtown Cleveland to accommodate its on-going growth and the addition of Burkart & Co. 

About Clearstead: Clearstead is an institutional investment consulting and private wealth management firm, founded in 1989 and headquartered in Cleveland OH. With over 100 employees and nearly 40 employee shareholders, the firm tackles complex investment, financial, tax and governance needs for institutional and private clients.