Private equity-backed Clearstead Advisors, a Cleveland-based institutional and private client financial advisory firm, has acquired a local wealth management business as part of its dual growth strategy. This will be the sixth acquisition Clearstead has made in the past seven years, adding about $530 million to Clearstead’s $31 billion in assets under advisement. On June 30, Clearstead signed a definitive agreement to acquire Scott Snow (financial advisors) LLC, an eponymous private wealth management firm founded by Managing Partner Scott Snow in 2005. Based in Westlake, Ohio, Snow advises high-net-worth families and provides holistic financial and tax planning services.