Wealthspire Advisors has agreed to acquire RoundAngle Advisors, a registered investment advisory firm based in New Jersey.
Financial specifics of the deal remain undisclosed.
The acquisition is part of Wealthspire’s plan to work with advisory teams that prioritise long-term client relationships and customised financial planning.
RoundAngle Advisors was founded by Jonathan Bernstein and has been providing financial planning services to households for more than ten years.
Following the acquisition, Bernstein, alongside Nela Diaz and Deirdre (Dee) DeRosa, will continue to manage the practice and assist clients.
The team will be able to draw on Wealthspire’s broader resources and national platform while maintaining RoundAngle’s established approach.
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.”
With this deal, clients will gain access to additional support in areas including estate planning, tax matters and investment research to complement RoundAngle’s style of tailored advice.
Wealthspire CEO Mike LaMena commented: “Jonathan and his team exemplify the care and professionalism that define Wealthspire.
“Their long-term focus and personalised planning approach aligns seamlessly with how we serve families. This partnership also deepens our presence in the Tri-State area and continues our strategy of supporting advisors who lead with empathy, integrity, and client-first values. We’re proud to welcome the RoundAngle team.”
Wealthspire Advisors currently serves a range of clients including private individuals, families, non-profit organisations, and institutions across the US, Canada and the UK. The company employs over 1,200 people in more than 40 locations and manages assets exceeding $580bn.
