Clear Trail Advisors officially announced its transition to independence through a strategic partnership with Dynasty Financial Partners. The agreement will provide operational and administrative support, strengthen its investment capabilities, incorporate advanced planning and reporting tools, and position the firm for long-term growth, according to a statement released by Dynasty.
Formerly part of Steward Partners, Clear Trail Advisors is based in Houston and manages $850 million in client assets. The firm is led by its Chairman Randy Price, CEO Matt Price, and Matthew Kerns as President.
“Dynasty allows us to maintain fiduciary independence while gaining access to top-tier research, technology, and operational support,” said Randy Price.
The decision to become independent reflects the team’s commitment to objective advice and stronger client service, the statement noted.
As part of its new phase, Clear Trail is implementing improvements in planning, faster performance reporting, and a more proactive client relationship. The firm selected Charles Schwab as its custodian, highlighting its scale, stability, and strong presence in Texas.
“Clear Trail Advisors serves a clearly defined client base, has strong leadership, and is deeply committed to independent, client-centered advice,” said Shirl Penney, Founder and CEO of Dynasty Financial Partners.
The new RIA plans to expand its service model over the next two years by hiring a Director of Financial Planning and adding in-house tax experts, according to the announcement.
