The Indianapolis deal adds $1.2 billion in assets under management through Wealthspire's Fiducient Advisors business and marks its second acquisition in the city this year.
Fi3, founded in 2013 by Ivan Hoffman, serves ultra-high-net-worth and high-net-worth clients, who will gain access to Wealthspire family office services including tax, estate, trust and accounting support.
The purchase follows April's acquisition of Indianapolis-based Axia Advisory and March's launch of Wealthspire Family Office, bringing Wealthspire's Indianapolis assets to about $3 billion and its combined business assets to $593 billion.
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