Clearbrook Hires Merrill Lynch Alts. Expert

Mar 18 2008 | 10:36am ET

Financial services firm Clearbrook Financial has hired Bob Alderman to beef up the firm’s alternative investment platform.

Prior to joining Clearbrook, Alderman was a managing director at Merrill Lynch, where he was responsible for the global distribution and development of the firm's alternative investment offerings.

In his new role as a managing director at the Princeton, N.J.-based firm, Alderman will oversee Clearbrook’s entire product offering across its retail, family office and institutional segments, while at the same time working to build up its hedge fund and alternative investment offerings.

"We believe a carefully crafted alternative investment program allows us to enhance the comprehensive services we deliver, giving advisors and their clients unique investment options imperative to success in today's financial markets," said John Galvin, president of Clearbrook Financial.

Clearbrook currently has $10 billion in assets under administration and advisement.

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