Clearstead Elevates Bradley Knapp to CEO Role Amid Growth

Clearstead Advisors Appoints Bradley Knapp as President and CEO

Clearstead Advisors, LLC today made an important announcement regarding its leadership. Bradley D. Knapp, CFA, CAIA has been appointed as the new President and Chief Executive Officer. This change marks a significant step for Clearstead as it continues to enhance its capabilities and adapt to the evolving financial landscape.

Transition of Leadership

Effective January 1, 2025, Mr. Knapp will take over from David C. Fulton, Jr., CFA, who has been Chief Executive Officer since 2014 and will remain a valued member of the firm's Board of Directors. Under Mr. Fulton’s leadership, Clearstead has seen remarkable growth in revenues, earnings, and the number of employees, demonstrating the firm’s commitment to excellence.

Deepening Expertise at Clearstead

Bradley Knapp's extensive experience in wealth advisory and investment management spans over 25 years, including previous roles at major financial institutions. He has been with Clearstead since 2016, advancing to President in 2023, where he has led initiatives in the Private Client and Trust practices. He will now oversee a larger, more complex organization tasked with fulfilling the diverse needs of its clients.

Clearstead's Growth Strategy

Clearstead is a growing financial advisory firm, managing over $47 billion for private and institutional clients. The firm has been expanding its services, recently entering into tax compliance and financial planning while also establishing Clearstead Trust, a nondepository trust company. This strategic expansion has involved acquiring eleven firms over the last decade, bringing in fresh talent and capabilities.

Mr. Knapp's Vision for the Future

In his new capacity, Mr. Knapp expresses enthusiasm about leading Clearstead into its next chapter. He noted the importance of delivering quality solutions tailored to their clients' unique financial goals. "I am fortunate to have an excellent team dedicated to our clients' success," he remarked. This focus on client service aligns with the firm's vision of enhancing employee and advisor success.

Endorsement from Leadership

In expressing confidence in Mr. Knapp’s abilities, Mr. Fulton commented on Knapp’s integral role in advancing strategic initiatives, including expanding geographic reach and enhancing holistic service offerings. His endorsement emphasizes the potential for continued growth under Knapp’s leadership.

Supporting Leadership Transition

Clearstead Board Members and Managing Directors at Flexpoint Ford, Daniel Edelman and Steve Begleiter, acknowledged Mr. Fulton’s contributions, stating that his efforts have been pivotal in establishing Clearstead as a leader in financial advisory services. They expressed excitement that Mr. Knapp has been chosen to continue the vision of the firm.

About Clearstead Advisors, LLC

Founded in 1989, Clearstead is committed to providing exceptional financial advisory services and currently advises over $47 billion across various client categories. Clearstead's focus includes comprehensive financial and tax planning, along with trust services integrated with research-driven investment management. The firm serves nearly 300 institutional clients and provides tailored investment policy recommendations and asset allocation strategies.

Frequently Asked Questions

What is the significance of Bradley Knapp's appointment?

Bradley Knapp's appointment as President and CEO of Clearstead symbolizes a strategic leadership transition aimed at continuing the firm’s growth and client service excellence.

How has Clearstead evolved under its previous CEO?

Under David Fulton’s leadership, Clearstead saw significant growth in revenue and employee numbers, expanding its service offerings and acquiring multiple firms.

What new capabilities has Clearstead introduced?

Clearstead has enhanced its capabilities by entering tax compliance and financial planning, in addition to launching Clearstead Trust.

How long has Bradley Knapp been with Clearstead?

Bradley Knapp joined Clearstead in 2016 and quickly rose through the ranks to become President and now CEO.

What is Clearstead's vision going forward?

Clearstead aims to deliver the best possible solutions for clients while fostering an environment conducive to the success of its employees and advisors.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.