Cleros Wealth Partners Launches as Independent RIA with $3.61 Billion in Assets
Fort Worth-based wealth management veterans have launched Cleros Wealth Partners, an independent Registered Investment Advisor (RIA). The founding team, which previously operated under UBS, brings approximately $3.61 billion in assets under supervision to the new firm. Led by Kyle Kight, Alex Armstrong, and Jamie Packer, the practice focuses on high-net-worth families, endowments, and foundations within the Tarrant County area. The transition to independence was supported by a strategic investment from Elevation Point, which provides capital, infrastructure, and back-office support. Cleros Wealth will utilize Goldman Sachs Custody Solutions for asset custody. The move aims to provide the team with greater flexibility in sourcing investment opportunities and managing sophisticated wealth needs across generations.
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Topics: Asset Management Financial Services RIA Launch Wealth Management