Wealthspire Advisors, LLC (“Wealthspire”) announced on May 8, 2024, that it entered a definitive agreement to acquire Walden Wealth Partners, LLC (“Walden”). The deal is expected to close in Q2 of 2024. Walden will assume the Wealthspire brand. Further terms of the transaction were not disclosed.
Wealthspire, based in New York City, is an independent registered investment advisor offering financial planning, investment management, outsourced chief investment officer, and family office services. As of March 2024, Wealthspire had over $25.8 billion in assets under management.
Walden, based in Beachwood, Ohio, is a registered investment advisor providing financial planning, investment management, and fiduciary consulting services to individuals and families of wealth. As of May 2024, Walden had approximately $420 million in assets under management.
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