Fiducient Advisors is a fiduciary investment consulting firm headquartered in Chicago, Illinois, serving retirement plan sponsors, endowments, foundations, high-net-worth individuals, family offices, and financial institutions. Established in 1995 as DiMeo Schneider & Associates, the firm adopted the Fiducient Advisors name as it expanded beyond its Chicago origins. In late 2025, Fiducient became part of Wealthspire — a broader platform combining multiple advisory and institutional consulting businesses — following a majority acquisition by Madison Dearborn Partners, which purchased Wealthspire's parent entity from Aon.
Website: fiducientadvisors.com
Founder: DiMeo Schneider & Associates (predecessor firm, 1995)
Company type: Private; operating unit of Wealthspire, majority-owned by Madison Dearborn Partners
Regions served: United States, with select international client relationships
What does Fiducient Advisors offer?
Fiducient provides investment advisory and consulting services across two broad client segments — institutional and individual — with a consistent emphasis on fiduciary governance and customised portfolio construction. Core services include:
- retirement plan consulting for defined benefit and defined contribution plans, including public and private sector sponsors, covering investment manager selection, plan design, and participant education
- endowment and foundation investment consulting, including portfolio strategy, asset allocation, manager due diligence, and governance support
- outsourced chief investment officer (OCIO) services for institutional clients seeking to delegate investment decision-making
- wealth management and family office advisory for high-net-worth individuals and multi-generational families, delivered through its Wealth Office practice
- consulting services to other registered investment advisers and financial institutions, including access to proprietary capital market assumptions (CMAs), manager research, and portfolio analytics through a dedicated financial institutions practice
- investment advisory and sub-advisory roles to private fund vehicles offered on a private placement basis to qualified clients
A proprietary tool called Frontier Engineer® supports asset allocation optimisation, and the firm publishes annually updated 10- and 20-year capital market assumptions used both internally and by partner firms. Fiducient positions its financial institutions consulting practice as a way for advisory firms — including breakaway teams and tax- or planning-focused practices — to access institutional-grade research without building an internal investment function.
Fiducient Advisors in the market
Fiducient is recognised as one of the larger investment consulting firms in the United States as measured by institutional assets under advisement, competing with firms such as CAPTRUST, Mercer, and Aon in the retirement and endowment consulting space. Its integration into the Wealthspire platform — announced in December 2025 as Wealthspire Institutional — gives it additional scale and research resources while keeping what the firm describes as a boutique service model intact. The combined Wealthspire platform oversees more than $580 billion in assets under management or advisement across its constituent firms.
The firm's dual focus on institutional consulting and individual wealth management is a defining competitive feature, allowing it to serve clients across different relationship types and asset levels from a single firm with a consistent fiduciary standard. This model is particularly relevant for non-profit organisations and family-founded institutions whose governance, investment, and wealth planning needs intersect. Fiducient's ongoing acquisition activity — including its 2025 deal to acquire Sellwood Investment Partners, a Portland-based firm with approximately $11 billion in total assets — reflects a broader consolidation trend among mid-sized consultants seeking scale to compete with the largest institutional advisory platforms.
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