# Bluestone Private Wealth

Bluestone Private Wealth is a Multi Family Office based in Cleveland, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Cleveland, United States
- **Region:** North America
- **Address:** Westport, CT, United States
- **Assets under management:** Undisclosed
- **Website:** bluestoneprivatewealth.com

## Regulatory record

- **CRD number:** 326055
- **SEC file number:** 801-132967
- **Registration status:** Registered
- **Reports private funds:** No

## About

Bluestone Private Wealth, LLC is an SEC-registered investment adviser in Cleveland, Ohio, registered since 2025. The firm manages $190 million in assets, with $100 million on a discretionary basis. It has 3 employees and 2 investment advisers.

## Questions

### Who runs investment decisions at Bluestone Private Wealth?

Bluestone operates through a centralized investment committee model led by the firm's founding partners. The committee combines traditional asset allocation oversight with direct sourcing capabilities in private markets. Specific investment leads are not publicly identified, reflecting the firm's preference for a collective decision-making structure over a star-manager model.

### How does Bluestone source its private market deals?

Bluestone sources private credit and real asset deals through a network of regional operating partners and specialized fund managers. The firm prioritizes direct co-investment structures where it can negotiate terms alongside institutional co-investors rather than accepting standard fund terms. This sourcing model relies on long-standing relationships with middle-market sponsors and developers rather than broad auction processes.

### Does Bluestone participate in fund commitments or only direct deals?

Bluestone uses both fund commitments and direct investments depending on the asset class and client mandate. In public equities and fixed income, it operates primarily through separately managed accounts and fund allocations. In private credit and real assets, the firm emphasizes direct co-investments alongside operating partners, using fund commitments selectively to access hard-to-source niches or first-time access points.

### How does Bluestone separate asset management from family administration?

Bluestone maintains a governance boundary where investment decisions and reporting sit under the firm's RIA structure while tax, legal, and trust advisory remain with external counsel retained directly by each family. This separation prevents conflicts of interest and ensures that asset management fees are clearly delineated from estate planning and administrative services.

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Updated: 2026-07-06T01:24:12.826Z

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