SEIA Acquires Cedar Brook Group

Signature Estate & Investment Advisors (SEIA) has agreed to acquire the Cedar Brook Group, a Cleveland-based firm with $2 billion in assets. This acquisition, expected to close in June, will increase SEIA's assets under management to over $22 billion.

Cedar Brook was founded in 2005 by CEO, Bill Glubiak. He has been in the financial services industry for over 20 years. He counsels a select group of corporate executives, professionals, business owners, and other high-net-worth individuals and families on a wide range of financial planning issues. Prior to entering the industry, Bill served as an Electronic Warfare Officer flying the Boeing B-52 aircraft in the active duty United States Air Force, and as a Navigator on the Lockheed Martin C-130 aircraft in the U. S. Air Force Reserves. He is a veteran of the first Gulf War. Outside of work he continues to be involved in the community, aligning with several board committees for nonprofits.

Cedar Brook will represent SEIA’s first major expansion into the Midwest and is its largest deal since partnering with Reverence Capital Partners in 2022. SEIA views the acquisition as a strategic move to enhance its presence in the Midwest.

To view the press release, click here.