True North Advisors, a Texas-based registered investment adviser with $3.9 billion in Assets Under Management (AUM), has acquired Clear Rock Advisors, a wealth management and investment firm managing approximately $470 million in AUM with offices in Dallas, Austin, and Kerrville, Texas.
This is True North’s first acquisition since entering into a strategic growth partnership earlier this year with Wealth Partners Capital Group and HGGC’s Aspire Holdings platform.