Mirador Completes Fusion Financial Partners Acquisition

Tom Burroughes

9 February 2023

Mirador, the managed services firm in the wealth management industry, has completed its purchase of Fusion Financial Partners, an agency serving RIAs.

Fusion provides strategic and execution services strategy development, revenue growth solutions, pricing and compensation, tuck-in roadmap and execution, succession planning, and breakaway advisor launch services. These services, including Fusion Scorecard™, and Fusion oCGO™, will now be incorporated into Mirador’s broader client offerings.

The combined companies will operate under the Mirador brand with nearly 200 employees serving private family offices, multi-family offices, wealthy families, RIA firms of all sizes, wirehouses, asset managers, TAMPs, banks, insurance companies, credit unions, endowments and foundations, Mirador said in a statement this week.

“Our partnership began in 2020 when we announced a joint venture to offer co-lead services to the wealth management space combining Mirador’s technology solutions with Fusion’s consulting practices. Since then, we have seen increased success across multiple service streams,” Joe Larizza, president, and CEO at Mirador, said. “Acquiring Fusion was the next logical move, following our expanded relationship and team synergies.”

This acquisition expands Mirador’s client services to encompass institutional consulting services, M&A services, and additional RIA services.

Recently, UBS announced a partnership with Mirador and Addepar that will deliver wealth analysis and reporting to UBS advisors serving ultra-high net worth clients.

Mirador has offices in Stamford, Connecticut , Chicago, Illinois, Jacksonville, Florida, Salt Lake City, Utah, San Diego, California, Edinburgh, Scotland and Dublin, Ireland. Last April, it announced that it was expanding its operations in Connecticutt. In early 2019 it also inked a partnership with Canoe Intelligence.

The start of 2023 has seen a number of wealth management firms, including that of US multi-office business Tiedemann Group, complete acquisitions. See here for a summary of January's activity.