Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Deals & People November 5, 2025
Wealthspire Combines 5 Businesses Under Single Platform
The wealth and retirement platform, which combines 5 NFP Corp. entities, has more than $580 billion in assets under management or advisement.
Reported by Edward Rueda
Wealthspire has relaunched as a single platform, following the completion of Madison Dearborn Partners LLC’s acquisition of five NFP Corp. businesses from Aon PLC on October 30.
The new firm brings together Fiducient Advisors LLC, Ground Control Business Management, Newport Private Wealth Inc., Wealthspire Advisors LLC and Wealthspire Retirement LLC. It had more than $580 billion in assets under management or advisement as of June 30.
Michael LaMena, the former CEO of Wealthspire Advisors, is now the CEO of Wealthspire. Carl Nelson, formerly NFP’s executive vice president of mergers and acquisitions, is president of Wealthspire. They are joined by a management team “seeded with strong experienced leaders” from the five predecessor companies and former NFP senior executives, according to an announcement from Wealthspire.
“This is a defining moment for our organization and for our industry,” said LaMena in a statement. “By bringing together leading firms with complementary strengths, we’re creating a unified platform built for the future that draws on deep expertise, advanced technology, and a shared commitment to serving clients.”
Wealthspire offers wealth management, institutional consulting, business management, family office and retirement plan advisory services. It has more than 1,200 employees in more than 40 offices.