Atomic clusters have intermediate properties between that of individual atoms and bulk solids, which provide fertile ground for the discovery of new molecules and novel chemical bonding. In addition, the study of small clusters can help researchers design better nanosystems with specific physical and chemical properties. From recent experimental and computational studies, we know that small boron clusters possess planar structures stabilized by electron delocalization both in the σ and π frameworks. An interesting boron cluster is B(9)(-), which has a D(8h) molecular wheel structure with a single boron atom in the center of a B(8) ring. This ring in the D(8h)-B(9)(-) cluster is connected by eight classical two-center, two-electron bonds. In contrast, the cluster's central boron atom is bonded to the peripheral ring through three delocalized σ and three delocalized π bonds. This bonding structure gives the molecular wheel double aromaticity and high electronic stability. The unprecedented structure and bonding pattern in B(9)(-) and other planar boron clusters have inspired the designs of similar molecular wheel-type structures. But these mimics instead substitute a heteroatom for the central boron. Through recent experiments in cluster beams, chemists have demonstrated that transition metals can be doped into the center of the planar boron clusters. These new metal-centered monocyclic boron rings have variable ring sizes, M©B(n) and M©B(n)(-) with n = 8-10. Using size-selected anion photoelectron spectroscopy and ab initio calculations, researchers have characterized these novel borometallic molecules. Chemists have proposed a design principle based on σ and π double aromaticity for electronically stable borometallic cluster compounds, featuring a highly coordinated transition metal atom centered inside monocyclic boron rings. The central metal atom is coordinatively unsaturated in the direction perpendicular to the molecular plane. Thus, chemists may design appropriate ligands to synthesize the molecular wheels in the bulk. In this Account, we discuss these recent experimental and theoretical advances of this new class of aromatic borometallic compounds, which contain a highly coordinated central transition metal atom inside a monocyclic boron ring. Through these examples, we show that atomic clusters can facilitate the discovery of new structures, new chemical bonding, and possibly new nanostructures with specific, advantageous properties.