Wealth CMT, a registered investment advisory firm with $300 million in assets under management, has merged with Fairport Wealth, a Cleveland-based Hightower advisory business, bringing its AUM to $4.5 billion.
This deal marks Fairport’s fifth sub-acquisition since joining Hightower, which facilitated the merger.
Wealth CMT was founded in 2009 and is led by founders Andrew Barnett and Eric Feder.