Independent wealth manager Wealthspire has acquired RoundAngle Advisors, a Red Bank, New Jersey-based registered investment advisory firm (RIA).
It comes after Wealthspire Advisors was recently combined with related companies Fiducient Advisors, Newport Private Wealth, Wealthspire Retirement Advisory (formerly a segment of NFP Retirement), and Ground Control Business Management to create a mega-RIA with $580bn (£440bn) in assets under management.
RoundAngle was founded by Jonathan Bernstein, CFP, CPA, a decade ago. Bernstein will continue to lead the practice and serve clients, but will now be supported by Wealthspire’s expanded resources and national platform.
Bernstein said: “For us, this partnership represents a natural evolution. Our mission has always been to provide families with thoughtful guidance through all of life’s stages, and joining Wealthspire enables us to continue that work while adding depth and support so we can focus on what matters most – our clients.”
Mike LaMena, chief executive officer of Wealthspire, added: “This partnership deepens our presence in the Tri-State area and continues our strategy of supporting advisers who lead with empathy, integrity, and client-first values. We’re proud to welcome the RoundAngle team.”
