Wealthspire and Mercer Advisors have announced new acquisitions, as both firms target growth through added capabilities and regional reach.
Wealthspire said its Fiducient Advisors business is acquiring Axia Advisory, an Indianapolis-based retirement plan consulting firm with approximately $1.9 billion in assets. The addition bolsters Wealthspire’s institutional offering, particularly in retirement plan advisory, where demand continues to grow for fiduciary oversight, investment guidance, and participant-focused services.
“We are excited to support their continued growth with expanded resources, research, and technology,” said Mike Goss, Wealthspire’s chief revenue officer and president of its institutional division.
Axia founder Keith Shadrick highlighted the strategic rationale for the deal. “As part of Wealthspire, we can build on that foundation while enhancing our capabilities across retirement and private wealth and positioning the firm for long-term growth.”
Axia will maintain its Indianapolis office, allowing clients to continue working with the same team while gaining access to broader resources.
The transaction comes as Wealthspire continues to evolve following its transition to independence as Aon divested its international NFP wealth business which was acquired last year by private equity firm Madison Dearborn Partners followed by some reshuffling of management.
Separately, Mercer Advisors said it is adding Personal Financial Solutions, a New Jersey-based firm with about $150 million in client assets.
The move strengthens Mercer’s footprint in the state where it has offices in Marlboro and Morristown. It also supports its strategy of expanding through partnerships with planning-focused advisory firms. The firm said the addition will enhance its ability to deliver integrated financial planning and wealth management services to clients in the region.
Personal Financial Solutions was founded in 1996 by Kenneth LeBlanc and manages approximately $150 million in client assets.
“After nearly three decades of serving clients with roots in Southern Monmouth County Beach Towns and across New Jersey, it was important for me to find a partner that shares my commitment to personalized, fiduciary advice,” said Kenneth LeBlanc, founder and CEO of Personal Financial Solutions.
Also announced Tuesday was the completion of a previously announced acquisition as Motley Fool Wealth Management formally became part of Apollon Wealth Management.
Fool Wealth was founded in 2014 as an advisory business affiliated with but separate from The Motley Fool. The RIA managed around $1.5 billion in client assets when the deal was announced in December 2025.
The team includes five advisors and five support staff and The Motley Fool Wealth Management team, led by President and advisor Megan Brinsfield, MAcc, CPA, CFP, has joined Apollon.
CFP, CFA and CPA holders could gain accredited investor status as regulators weigh wider private market access for advisory clients
DeepVest, Vanilla and Libretto roll out tools to help financial advisors launch firms, close estate plans and sharpen planning skills
“People aren't effectively using their wealth in retirement,” said David Blanchett of Prudential.
Second-generation NFL ref Shawn Hochuli co-founded IWM Partners in Irvine, California, a wealth management practice with more than $500M in client assets
U.S. seniors lose $28.3 billion annually as a result of financial exploitation, according to a 2023 AARP study.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
