Wealthspire, an independent wealth management, institutional advisory, and business management firm, has agreed to acquire Fi3 Advisors, an Indianapolis-based boutique advisory firm with about $1.2 billion in assets under management.
The deal builds on a decade-long relationship between the firms, Wealthspire said in a statement yesterday.
Wealthspire said the acquisition fits with its expansion in serving high net worth and ultra-high net worth families after it launched Wealthspire Family Office in early March.
With the addition of Fi3 and recent purchase of Axia Advisory, Wealthspire will oversee about $3 billion in assets under management or advisement servicing institutional and private client relationships in the Indianapolis market.
Fi3 will continue to operate with the same client and firm leadership team, including managing partner Ivan Hoffman, partners Matt Simpson and Sam Muse, and and senior advisor Amy Hlavacek.
In March, Oliver Pursche , a senior advisor at Wealthspire, spoke to this news service about his advice to Americans looking to move abroad, either permanently or temporarily. His book on the topic, published in 2013, is entitled Immigrants: Unleashing the Economic Force at Our Door.
Oliver Pursche
In June last year FWR spoke to Pursche about the need for art collections to be geographically diversified as a form of risk control. That conversation was prompted by several human-made/natural disasters of recent years, such as the January 2025 fires in southern California.