The firm was founded in 1995 and reports over $580 billion in assets under management (AUM) or advisement (AUA) and a team of 1,200+ professionals.
Investment philosophy
Wealthspire’s investment approach focuses on strategic asset allocation and diversified portfolio construction aligned with each client’s objectives.
Portfolios are built using an institutional-style investment framework, with centralized oversight and attention to risk management, fees, and tax considerations. Alternative investments may be used when appropriate as part of a broader portfolio strategy.
Core services
Wealthspire Financial Advisor provides a range of planning and investment services that may include:
Integrated cash flow and financial planning
Accumulation planning for high earners
Income and distribution planning for retirees
Coordination of financial affairs
Tax, gift, and estate planning coordination
Charitable giving planning
Risk management
Online investment reporting and aggregation
Investment management
Strategic asset allocation
Customized portfolio construction
Expertise with alternative investments, when appropriate
Individually managed accounts and family office services
These services are delivered through individually managed accounts, where Wealthspire oversees portfolio management and provides ongoing advisory support as part of a continuous client relationship.
Depending on the complexity of a client’s financial situation, services may be structured through different advisory frameworks, including:
Wealthspire Advisors wealth management: Advisor-led investment management and financial planning for individuals and families. Investment selection may include mutual funds, ETFs, private investment funds, and third-party managers, following internal due diligence.
Family office services: An integrated advisory offering for families with more complex financial needs. This framework is designed to support multigenerational wealth and may include coordination across investments, financial planning, reporting, governance considerations, and collaboration with external advisors.
Wealthspire Advisors institutional: Managed account programs designed for institutional clients and organizations.
What are the pros and cons of Wealthspire Advisors?
Wealthspire Advisors is designed for investors who want an advisor-led relationship rather than an automated or self-directed experience.
The pros and cons below focus on how this structure may benefit certain investors, and where it may introduce tradeoffs.
Pros of Wealthspire Advisors:
Specialized service focus for different client profiles: Wealthspire highlights dedicated teams and experience serving multiple client types, such as executives and professionals, attorneys and law partners, business owners, charitable investors, and women investors.
Family office services: Wealthspire offers a comprehensive family office offering integrated into the client’s relationship, including goal-based investing, wealth & tax planning, philanthropy, legacy planning, trustee services, and more.
Dedicated professional support: Wealthspire’s advisory model is built around dedicated advisor representatives and service teams, rather than automated tools. Clients work directly with professional advisors who oversee portfolio management, financial planning, and ongoing monitoring as part of a long-term advisory relationship.
Institutional-style asset allocation framework for wealth management accounts: For its Wealthspire Advisors Wealth Management program, the firm uses an “institutional” style asset allocation approach based on investment principles applied by large endowments and foundations, supported by a due diligence process for selecting mutual funds, ETFs, private investment funds, and investment managers.
Additional OCIO capability for firms that want to outsource investment responsibilities: Wealthspire also offers an outsourced chief investment officer (OCIO) solution for wealth management, investment management, or consulting firms, covering strategic asset allocation, manager selection, and portfolio direction.
Cons of Wealthspire Advisors:
No automated or self-directed service option: Wealthspire operates through a fully advisor-led model and does not offer automated or robo-advisory. This may be a drawback for investors who prefer digital-first tools, lower-touch management, or the ability to manage portfolios independently.
Service model is oriented toward more complex financial needs: The firm’s relationship-based approach is generally designed for clients with more complex financial situations. Investors with simpler needs may find the service more than they require.
Investment implementation may involve layered costs beyond Wealthspire’s advisory fee: Wealthspire notes clients may pay additional fees charged by custodians, mutual funds/ETFs, and separately managed account managers, meaning total costs can extend beyond the advisory fee alone.
Wealthspire Advisors fees: How much does Wealthspire Advisors cost?
Wealthspire Advisors primarily charges asset-based advisory fees under a tiered schedule for wealth management. The firm also offers flat percentage or fixed annual dollar fee arrangements in certain cases.
Fees are generally billed quarterly (most often in advance) and are negotiable.
Wealth management:
| Portfolio value (tier) | Fee at this tier | Maximum effective fee |
|---|---|---|
| First $2,000,000 | 1.20% | 1.20% |
| $2,000,000 – $5,000,000 | 0.87% | 0.87% |
| $5,000,000 – $10,000,000 | 0.75% | 0.75% |
| $10,000,000 – $25,000,000 | 0.50% | 0.50% |
| $25,000,000 and above | 0.40% | 0.40%–0.65% |
Institutional advisory services:
$5,000,000 – $20,000,000
| Tier | Fee |
|---|---|
| First $5,000,000 | 0.75% |
| $5,000,000 – $10,000,000 | 0.50% |
| $10,000,000 – $20,000,000 | 0.35% |
$20,000,000 and above
| Tier | Fee |
|---|---|
| First $20,000,000 | 0.45% |
| $20,000,000 – $50,000,000 | 0.30% |
| $50,000,000 and above | 0.20% |
Retirement plan management
| Portfolio value (tier) | Fee |
|---|---|
| First $3,000,000 | 0.50% |
| $3,000,000 – $10,000,000 | 0.30% |
| $10,000,000 – $20,000,000 | 0.25% |
| $20,000,000 – $30,000,000 | 0.20% |
| $30,000,000 and above | 0.10% |
Flat percentage and fixed-fee arrangements:
In limited circumstances and at the firm’s discretion, Wealthspire may agree to:
Flat percentage advisory fees, generally not exceeding 1.20% annually
Fixed annual dollar fees for investment advisory or consulting services, often subject to a minimum of $5,000, depending on scope and complexity
Financial planning and consulting engagements are typically fixed-fee, with payment timing tied to engagement milestones (often completed within six months).
What is Wealthspire Advisors’ minimum account size?
Wealthspire Advisors has no required minimum to open or maintain an advisory relationship, but its programs are structured around recommended account sizes.
| Service / Program | Required minimum | Recommended size |
|---|---|---|
| Advisory relationship (general) | None | not require minimum account sizes |
| Wealthspire Advisors wealth management | None | $2,000,000 |
| Wealthspire Advisors institutional | None | $5,000,000 |
| Retirement plan management service | None | $250,000 |
| Prosperity program services | $100,000 | $100,000 |
Who should choose Wealthspire Advisors?
Wealthspire Advisors is designed for investors who want an advisor-led approach to wealth management, combining ongoing financial planning with discretionary portfolio management and broader advisory support beyond basic investment allocation.
Wealthspire Advisors work well for:
Investors who prefer working directly with professional advisors: Wealthspire operates through a relationship-driven model, where portfolios and financial plans are managed by dedicated advisor teams rather than automated or self-directed tools.
Individuals and families with more complex financial needs: The firm’s services extend beyond portfolio management to integrated financial planning, including tax, estate, charitable, and multi-generational considerations.
High-net-worth investors seeking institutional-style portfolio management: Wealthspire’s wealth management program applies an institutional-style asset allocation framework, which may appeal to investors with larger portfolios who value structured investment oversight.
Clients who value comprehensive coordination over multiple financial areas: It emphasizes coordinating investments, planning strategies, reporting, and external advisors within a single advisory relationship.
Organizations and retirement plans needing ongoing advisory support: Through its Institutional and Retirement Plan Management services, Wealthspire may suit entities that require regular oversight, reporting, and advisor involvement.
Who might not benefit as much:
Cost-sensitive investors with simpler needs: The combination of asset-based fees, potential third-party investment costs, and a multi-layered service structure may be less attractive to investors seeking low-cost or minimal-service solutions.
Investors with smaller portfolios who do not need ongoing advisory involvement: While there is no required minimum, Wealthspire’s recommended account sizes and service structure may be more aligned with larger or more complex relationships.
Investors seeking automated, robo-advisory, or self-directed platforms: The firm does not offer robo-advisory, automated, or self-directed investing options, so it may not be a good fit for investors who want a primarily digital or DIY investing experience.
Wealthspire Advisors: Is it secure?
Wealthspire Advisors is an SEC-registered investment adviser and is subject to ongoing regulatory oversight and disclosure requirements designed to protect clients.
Client assets are not held directly by Wealthspire; instead, they are maintained with independent third-party custodians such as Charles Schwab, Fidelity, and Pershing, which are responsible for safeguarding assets, executing transactions, and providing account statements.
Wealthspire operates under a fiduciary standard, meaning it must act in clients’ best interests when providing investment advice.
In addition, clients receive regular account statements and transaction reports directly from custodians.
Wealthspire Advisors: Customer service
Wealthspire Advisors’ customer service is structured around an advisor-led relationship, where clients work with an assigned advisor (and often a service team) for ongoing planning and portfolio management, rather than relying on an automated or self-directed support model.
Clients typically receive at least annual review meetings with a dedicated service team that may include two or three Wealthspire professionals. In contrast, institutional clients generally have quarterly or semi-annual meetings with a larger service team.
In addition to scheduled reviews, clients may contact their advisor representative as needed to discuss account-related questions or changes.
Wealthspire Advisors: Mobile app
Wealthspire Advisors does not offer a proprietary mobile app.
Instead, clients access account reporting and related information through third-party platforms, including custodians and the firm's external reporting tools.
Is Wealthspire Advisors worth it?
Whether Wealthspire Advisors is worth it depends on the type of investor.
For investors who want an advisor-led relationship with ongoing portfolio management and integrated planning support, Wealthspire is structured to deliver that higher-touch experience.
Its services are designed to support a wide range of client needs, including more complex planning situations, and its fee model is primarily asset-based, with a tiered schedule and recommended account sizes (not hard minimums) for certain programs.
However, investors who prefer a primarily digital or DIY investing experience may find it less suitable, since its service model is built around working with advisors rather than automated tools.
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