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Clearstead adds $5bn Virginia wealth management firm

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Clearstead Advisors revealed on Monday a deal to acquire $5bn wealth management firm, Wilbanks Smith and Thomas Asset Management.  Chief executive Wayne Wilbanks founded Norfolk, Va.-based WST in 1990, and will continue to lead the firm, which will be rebranded to Clearstead Advisory Solutions.  Wilbanks stated that WST’s clients ‘will…

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