WAAM to Acquire Clark Financial

INVESTMENT MANAGEMENT DEALS BLOG

April 27, 2022

On April 4, 2022, WA Asset Management announced that it had acquired Clark Financial Advisors.

Under the terms of the transaction, WA Asset Management (“WAAM”) acquired Clark Financial Advisors (“Clark Financial”). The deal closed on March 31, 2022. Further terms of the deal were not disclosed.

WAAM, based in Birmingham, Alabama is a registered investment advisor that provides advisory, wealth management, and financial planning services to corporate retirement plans, institutional clients, and high-net-worth individuals. As of March 31, 2021, WAAM had approximately $3.6 billion in assets under management.

Clark Financial, based in Birmingham, Alabama, is an investment advisor that provides investment management and financial planning services to high-net-worth individuals.

To read the press release: please click here.