TONY ALAIMO, CFA, NAMED MANAGING DIRECTOR OF CLEARSTEAD TRUST, LLC

Portand, ME, August 19, 2024 – Tony Alaimo, CFA, has been named Managing Director of Clearstead Trust, LLC (“Clearstead Trust”), a Maine-chartered, non-depository Trust Company that offers trust and wealth management services to wealthy families, individuals, and related entities. Clearstead Trust is a wholly owned subsidiary of Clearstead Advisors, LLC, a Cleveland, OH financial advisory firm with a total of $44 billion under advisement across all entities. Clearstead Trust has ten employees and advises over $800 million for about 150 clients. In his new role, Mr. Alaimo will oversee investment strategies, client relationships, and contribute to the firm’s growth initiatives. He will report directly to the President and CEO of Clearstead Trust, Ken Morgan, and will work closely with the executive team to further enhance the firm’s client service offerings.

Before joining Clearstead Trust, Mr. Alaimo served as Vice President and Senior Research Analyst at Spinnaker Trust for the past three years. He also held positions as an Equity Analyst at Kalo Capital Management and a Global Equities Analyst at Axiom International. Throughout his career, Mr. Alaimo has demonstrated a strong commitment to delivering exceptional investment research and insights, making him a valuable addition to the Clearstead Trust team.

Mr. Alaimo holds a bachelor’s degree with a double major in Economics and Finance from Sacred Heart University. He is an active member of the CFA Society of Maine and serves on the Board of Trustees at the Portland Symphony Orchestra. Tony resides in Saco, Maine, with his wife and two children.

Of this announcement, Ken Morgan said, “Tony’s deep expertise in investment research and his dedication to client success make him an excellent fit for our team. We are excited to welcome him to Clearstead Trust and look forward to the positive impact he will have on our clients and our firm.”

About Clearstead Trust: Clearstead Trust is a Maine-chartered, non-depository trust company located in Portland, Maine, that helps wealthy families meet their financial objectives and achieve their aspirations and building stronger futures. Clearstead Trust employs 10 professionals and has access to the full resources of its parent, Clearstead Advisors, LLC, a financial advisory firm headquartered in Cleveland, Ohio. Its comprehensive trust services include fiduciary oversight, document review and summary, trust accounting, discretionary distribution management, money movement, and other administrative functions. Its in-house investment management services include investment policy support, asset allocation recommendations, research and selection, portfolio management, and reporting. For more information, please visit: www.clearsteadtrust.com

About Clearstead Advisors, LLC: Clearstead Advisors, the parent to Clearstead Trust, is a private wealth and institutional financial advisory firm founded in 1989. It advises approximately $44 billion* for hundreds of families and over 200 institutions. Clearstead employs over 220* people, of whom 65* are shareholders in the firm. Clearstead Trust works with its parent company – Clearstead Advisors – to leverage resources for comprehensive wealth management services, including financial and estate planning, tax planning and compliance, family office services, among others. For more information, please visit: www.clearstead.com

*Approximate as of 4/1/2024; Includes employees and assets of Clearstead Advisory Solutions division, also includes Clearstead Trust and Avalon Trust, which are not registered by the SEC.

Media Contact:

info@clearsteadtrust.com