Seattle-based registered investment adviser Brighton Jones has officially landed in Northeast Ohio, opening its first Ohio office in Beachwood and bringing its Personal CFO model to Cleveland’s eastern suburbs. The new operation is set up in One Chagrin Highlands and is led by Mitchell Kotheimer, CFP, a locally rooted advisor who recently joined the firm. With the move, local families and business owners now have in-market access to Brighton Jones’ integrated wealth, tax and estate planning services.
The firm announced the expansion last Tuesday, noting that it manages roughly $30 billion in assets under advisement and now operates in 24 cities. Cleveland is the company’s sixth new office in two years, and the local team is targeting high-net-worth families, business owners, and individuals looking for coordinated wealth planning, according to Brighton Jones.
Local coverage puts the office inside One Chagrin Highlands at 2000 Auburn Drive in Beachwood and underscores Kotheimer’s role as the point person for the Cleveland market. That reporting also notes that the new office follows a broader hiring and geographic push as the firm recruits advisor talent across the United States, as reported by Crain’s Cleveland Business.
Who Is Leading The Cleveland Office?
Mitchell Kotheimer joins Brighton Jones from Independence Wealth Advisors, where he served as a senior financial planner and worked with more than 350 families. At Brighton Jones, he steps in as Lead Advisor and Personal CFO, coordinating investments, tax and estate plans, and philanthropic strategies for clients. Industry coverage frames his arrival as part of the firm’s strategy to grow through locally based advisors, according to InvestmentNews.
Why Beachwood?
One Chagrin Highlands is a Class A office complex along the Chagrin Boulevard corridor, with shared conference rooms, underground parking, and quick access to I-271 and I-480, features that are tailor-made for client-facing advisory teams. Commercial real estate listings pitch the property as a logical landing spot for national firms looking to plant a flag in Cleveland’s eastern suburbs, as detailed by Cushman & Wakefield.
What Is Next For Brighton Jones And Cleveland?
Brighton Jones describes the Cleveland launch as another step in a sustained expansion push, with active recruiting underway in Detroit, Fort Lauderdale, Raleigh-Durham, Salt Lake City, San Diego, St. Louis, and Stamford as it builds out a national footprint, according to Brighton Jones…