Wealthspire’s Fiducient Unit to Acquire $11B Sellwood Investment Partners
Wealthspire has agreed to acquire Sellwood Investment Partners, an $11 billion Portland-based investment advisory firm, through its retirement plan advisory division, Fiducient Advisors, further expanding its institutional footprint in the Pacific Northwest.
Founded in 2012, Sellwood provides advisory and discretionary investment management services to a diverse client base, including endowments, foundations, 529 and 529A plans, retirement plans and high-net-worth individuals. The acquisition is expected to enhance Wealthspire’s capabilities across both institutional and private client segments.
“Sellwood has built an exceptional firm defined by principled investing, careful risk management, and a long-term perspective,” said Mike Goss, CRO and president of Wealthspire Institutional.
Following the transaction, Sellwood will continue to operate from its Portland office, maintaining its local presence and client relationships while benefiting from Wealthspire’s broader platform and resources.
The deal adds to Wealthspire’s ongoing expansion strategy. Earlier this month, the firm announced the acquisition of Axia Advisory, a $1.9 billion Indianapolis-based retirement plan consulting and investment firm, also through Fiducient Advisors.
Houlihan Lokey served as exclusive financial advisor to Sellwood Investment Partners, and Berkshire Global Advisors served as exclusive financial advisor to Wealthspire.
