Fi3 Financial Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, estate planning, family office services, insurance, philanthropic planning, and tax planning. Financial planning was provided to 101–250 clients last fiscal year. The firm advises 3 private funds.
Fi3 Financial Advisors reports 258 clients. They include 183 high-net-worth individuals, 63 individual clients and 7 charitable organizations. Of its assets, 85.6% ($975M across 1,419 accounts) are managed with discretion; $164M across 224 accounts are not. It advised 6 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 24% | 3% |
| High-net-worth individuals | 71% | 94% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 3% | 2% |
| Corporations and other businesses | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 63 | $30.2M | 2.7% | $480K |
| High-net-worth individuals | 183 | $1.07B | 94.0% | $5.85M |
| Pension and profit-sharing plans | Fewer than 5 | $8.21M | 0.7% | $4.11M |
| Charitable organizations | 7 | $26.6M | 2.3% | $3.8M |
| Corporations and other businesses | Fewer than 5 | $3.83M | 0.3% | $1.28M |
| Total | 258 | $1.14B | 100% | — |
- Clients
- 63
- Regulatory AUM
- $30.2M
- AUM share
- 2.7%
- Avg. per client
- $480K
- Clients
- 183
- Regulatory AUM
- $1.07B
- AUM share
- 94.0%
- Avg. per client
- $5.85M
- Clients
- Fewer than 5
- Regulatory AUM
- $8.21M
- AUM share
- 0.7%
- Avg. per client
- $4.11M
- Clients
- 7
- Regulatory AUM
- $26.6M
- AUM share
- 2.3%
- Avg. per client
- $3.8M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.83M
- AUM share
- 0.3%
- Avg. per client
- $1.28M
Total
- Clients
- 258
- Regulatory AUM
- $1.14B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 6
- Private funds advised
- 3
- Financial planning clients last fiscal year
- 101–250
Fi3 Financial Advisors charges 0.25%–0.65% a year for its Family Chief Financial Officer. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$5M | 0.65% |
| $5M–$15M | 0.45% |
| $15M–$30M | 0.35% |
| $30M and above | 0.25% |
Fee details and sources
Other fees
- Family CFO Base Cost of Service
- Base cost of $6,250 per quarter if family net worth is over $30 million, or $2,500 per quarter if less; rises at set dates from January 1, 2027.
- Monitoring Services
- Monitoring fee of 0.20% a year on the first $10 million of account value and 0.05% above that, billed quarterly in advance.
Wealthspire Holdings, LLC owns 75% or more of Fi3 Financial Advisors and is in turn owned by Wealthspire US Parent, LLC (75% or more). Michael Lamena is CEO; the leadership team includes President Carl Nelson, Chief Investment Officer Brad Long and Chief Compliance Officer Michael Del Priore. It has 21 employees.
Leadership
Michael LamenaChief Executive Officer, Wealthspire, LP
Carl NelsonPresident, Wealthspire, LP
Eric SontagPresident
Michael Del PrioreChief Compliance Officer
Michael GossDirector- Robert HilzenrathDirector
- Ivan HoffmanManaging Director
Brad LongChief Investment Officer
Veronica MooDirector- Samuel MuseManaging Director
- Channing OlsonChief Operations Officer
Brett SchneiderDirector- Matthew SimpsonManaging Director
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
- Alexander Alessia
- Michael Paul Emerson
- Ivan Douglas Hoffman
- Garrett Kern
- Nathan Jeffrey Kinney
- Samuel David Muse
- Thays Rodrigues Cardoso
- Kirstyn Leigh Simon
- Matthew Joseph Simpson
Staff
- 21 employees
- 21 in advisory functions
- 12 state-registered reps
- Owns 75% or more of Fi3 Financial Advisors, LLC
Wealthspire Holdings, LLC
Control person · since July 2026
- Owns 75% or more of Wealthspire Holdings, LLC
Wealthspire US Parent, LLC
Control person · since October 2025
- Owns 75% or more of Wealthspire US Parent, LLC
Wealthspire, LP
Control person · since October 2025
- Owns 75% or more of Wealthspire, LP
Wealthspire II, LP
Control person · since October 2025
- Owns 75% or more of Wealthspire II, LP
Wealthspire I, LP
Control person · since October 2025
- Owns 75% or more of Wealthspire I, LP
Wealthspire Topco, LP
Control person · since October 2025
- Owns 75% or more of Wealthspire Topco, LP
Wealthspire Holdco, LP
Control person · since October 2025
- Owns 75% or more of Wealthspire Holdco, LP
MDCP IX Chicago Splitter Aggregator, L.P.
Control person · since October 2025
Wealthspire GP LLC
General partner · Control person · since October 2025
- Owns 25% to 50% of Wealthspire GP LLC
MDCP Co-Investors (Chicago-C), L.P.
Control person · since October 2025
Madison Dearborn Partners
General partner · Control person · since October 2025
Fi3 Financial Advisors’ regulatory assets grew 3.4× from $337M (July 2021) to $1.14B (July 2026); clients rose from 154 to 258 and employees from 8 to 21.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $1.14B | 258 | 21 | 1 |
| April 2025 | $928M | 242 | 20 | 1 |
| June 2024 | $792M | 215 | 18 | 1 |
| March 2023 | $657M | 183 | 14 | 1 |
| April 2022 | $606M | 194 | 10 | 1 |
| July 2021 | $337M | 154 | 8 | 1 |
Besides its headquarters, Fi3 Financial Advisors has 0 offices, with 1 listed address in Indiana.
Indiana · 1 listed address
- 8900 Keystone Crossing, Suite 225, IndianapolisHQ
Other business names
Fi3 Financial Advisors has reported 1 other business name to the SEC.
- The Fi3 Family Office
Contact and registration details
- Legal name
- Fi3 Financial Advisors, LLC
- Headquarters
- 8900 Keystone Crossing, Suite 225, Indianapolis, IN 46240
- Website
- fi3advisors.com
- Phone
- 317-426-8800
- @3486860
- SEC file
- 801-113218
- Founded
- 2013
- Structure
- Indiana LLC
- Fiscal year end
- December
Fi3 Financial Advisors uses Charles Schwab ($595M, 60%) and Fidelity ($399M, 40%) as custodians for its separately managed accounts. Fi3 Financial Advisors has custody of $137M in client assets for 130 clients.
- FidelityFidelity Investments · Boston, MA · $399M40%
- Charles SchwabCharles Schwab · San Francisco, CA · $595M60%
At year end, Fi3 Financial Advisors’ separately managed accounts were mostly in funds (53%) and stocks (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $418M across 232 positions; the largest are iShares Core S&P 500 ETF (13.7%), Vanguard FTSE Developed Markets ETF (11.5%) and iShares Core S&P Small Cap ETF (11.1%).
What the accounts hold
- Stocks14%
- Funds53%
- Bonds9%
- Cash12%
- Other12%
- Private funds12%
Reported 13F holdings
- $418M
- Reported 13F value
- 232
- Positions
- 61.5%
- In the 10 largest
- +20.6%
- Value vs. prior quarter
- iShares Core S&P 500 ETFETF13.7%
- Vanguard FTSE Developed Markets ETFETF11.5%
- iShares Core S&P Small Cap ETFETF11.1%
- Eli Lilly & Co6.1%
- SPDR S&P 500 ETF TrustETF4.5%
- Vanguard Total Stock Market Index Fund ETFETF3.6%
- Schwab US Tips ETFETF3.4%
- Apple Inc.3.2%
- Nvidia Corporation2.6%
- Vanguard Small-cap Index Fund ETFETF1.8%
Together, the ten largest are 61.5% of reported value.
How many clients does Fi3 Financial Advisors have?
Fi3 Financial Advisors has 258 clients and manages $1.14 billion for them, as of July 2026. They include 183 high-net-worth individuals, 63 individual clients and 7 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 July 2026
What services does Fi3 Financial Advisors offer?
Fi3 Financial Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, estate planning, family office services, insurance, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Fi3 Financial Advisors charge?
Fi3 Financial Advisors charges 0.25%–0.65% a year for its Family Chief Financial Officer. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: FI3 ADVISORS ADV PART 2A BROCHURE 3 2026, filed 24 July 2026
Which custodians does Fi3 Financial Advisors use?
Fi3 Financial Advisors’ separately managed account assets are held at Charles Schwab (San Francisco, CA), with $595M and Fidelity Investments (Boston, MA), with $399M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 July 2026
How many financial advisors does Fi3 Financial Advisors have?
Fi3 Financial Advisors has 12 investment adviser representatives registered with state securities authorities, out of 21 employees, and 21 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Fi3 Financial Advisors invest in?
At the end of its last fiscal year, Fi3 Financial Advisors’ separately managed accounts held 53% registered funds (mutual funds, ETFs, BDCs), 14% exchange-traded equities, 12% cash and equivalents, 12% other and 9% state and local bonds. The 12% other category is described as: Private Funds. It advises 3 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Fi3 Financial Advisors?
Fi3 Financial Advisors is owned through a chain of holding companies by MDCP IX Chicago Splitter Aggregator, L.P. Its direct owner is Wealthspire Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 July 2026
How does Fi3 Financial Advisors get paid?
Fi3 Financial Advisors is paid through a percentage of assets under management, fixed fees and other compensation. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Fi3 Financial Advisors registered with the SEC?
Yes, Fi3 Financial Advisors has been registered with the SEC as an investment adviser since 14 May 2018. Its CRD number is 168005 and its SEC file number is 801-113218.
Source: Form ADV Part 1A, Item 1, filed 24 July 2026; IAPD firm record
How do I contact Fi3 Financial Advisors?
Fi3 Financial Advisors’ main office is at 8900 Keystone Crossing, Suite 225, Indianapolis, IN 46240. Its phone number is 317-426-8800. Its website is fi3advisors.com.