Aspiriant Merges with HearthStone

INVESTMENT MANAGEMENT DEALS BLOG

December 13, 2021

On December 1, 2021, Aspiriant LLC announced its merger with HearthStone Private Wealth Management.

Under the terms of the transaction, Aspiriant LLC (“Aspiriant”) merged with HearthStone Private Wealth Management (“HearthStone”). The new entity will operate under the Aspiriant name. The merger was completed on November 30, 2021. Further terms were not disclosed.

Aspiriant, based in Los Angeles, is an independent wealth management firm that provides a full range of wealth management services. Aspiriant has approximately $14 billion in assets under management.

HearthStone, based in San Diego, is an independent wealth management firm serving professional fiduciaries and affluent familes. HearthStone had $350 million in assets under management. DeVoe & Company advised HearthStone on the transaction.

To read the press release: please click here.