Wealthspire Advisors Launches Outsourced CIO Services

Business Wire

NEW YORK--(BUSINESS WIRE)-- Wealthspire Advisors, an NFP company and independent investment advisor, today announced the launch of their Outsourced CIO services to RIAs serving sophisticated clients. Smaller advisor firms are now able to engage Wealthspire Advisors for customized investment services, including due diligence, investment product selection and other forms of case support.

Outsourced CIO clients will receive a customized suite of research support based on firm goals and needs. They will also have access to key tools, including routinely updated model portfolios, capital market assumptions, manager due diligence, and case support for large clients and prospects. Clients will have the support of investment team members with specialized expertise in equities, fixed income, alternative strategies and legal form (fund, SMA, LPs). Outsourced CIO clients also have access to investment commentaries, reports, and time-sensitive market updates and content.

“Outsourced CIO gives RIAs the best of both worlds,” said Wealthspire CEO Mike LaMena. “By outsourcing important investment processes that take considerable time and expertise, advisors free up time for individual investment conversations, additional client care and other areas of practice management. Furthermore, participating RIAs tap into our investment team’s expertise, passion for understanding investment markets and previous experience delivering outsourced solutions.”

“In an environment that is constantly increasing in complexity and risk, the speed and agility to respond to markets is critical,” said Wealthspire chief investment officer Michael Moriarty. “Our Outsourced CIO solution offers RIAs the ability to maintain investment autonomy as part of their value proposition. Rather than a subscription-based service that is one-size-fits-all, we build a customized relationship with firms to create the deliverables they need most, freeing up their time to engage with current and future clients on the more personal side of investing.”

Firms interested in learning more about Outsourced CIO services are encouraged to visit Wealthspire.com/ocio.

About Wealthspire Advisors

Wealthspire Advisors is an independent registered investment advisor with 12 offices in 8 states throughout the East Coast and Midwest. We are fiduciary advisors who value connecting all parts of a clients’ financial life and deliver thoughtful, collaborative strategies that optimize their finances and fulfill their aspirations. Wealthspire Advisors acts as a wealth manager, investment advisor, consultant, and constant partner in helping clients gain confidence in their financial futures. For more information on Wealthspire Advisors, please visit www.wealthspire.com.

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,600 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 6th largest US-based privately owned broker, 5th largest benefits broker by global revenue and 7th best place to work in insurance (Business Insurance); 10th largest property and casualty agency (Insurance Journal); and 13th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

Wealthspire Advisors is the common brand and trade name used by Sontag Advisory LLC and Wealthspire Advisors, LP, separate registered investment advisers and subsidiary companies of NFP Corp.