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Cleary Gull Advisors buys Alberts Investment Management

Cleary Gull Advisors Inc. has bought Alberts Investment Management Inc., Milwaukee Journal Sentinel reported.

The transaction adds more than $300 million in assets under management to Cleary Gull Advisors. Financial terms of the deal were not disclosed, according to the report.

Alberts Investment Management owner Ronald Alberts will become part of Cleary Gull Advisors as senior vice president-wealth adviser.