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Wealthspire Advisors

SEC-registered adviser since 1995New York, NYCRD 106181

$34.3B
AUM
9,973
Clients
See fees
Fee
220
Advisory staff

From Form ADV filed 30 April 2026 · data retrieved 15 October 2026SEC record

Wealthspire Advisors is an investment adviser headquartered in New York, New York, and registered with the SEC since 1995. Its clients include high-net-worth individuals, other individuals and charitable organizations. High-net-worth individuals account for 92% of its regulatory assets under management.

Its services include financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Fee arrangements include a percentage of assets under management, fixed fees and other arrangements. Wealthspire Holdings, LLC owns 75% or more of Wealthspire Advisors, and Michael Lamena is its CEO.

Clients

Wealthspire Advisors serves 9,973 clients, 5,553 of them high-net-worth individuals. The average client has about $3.4 million with the firm, and high-net-worth clients hold 92% of its $34.3 billion in assets.

Regulatory assets by client type
  • Individuals4,183 clients5%
  • High-net-worth individuals5,553 clients92%
  • OtherPension and profit-sharing plans, Charitable organizations, State or municipal government entities, Corporations and other businesses3%
Show client breakdown
Individuals (other than HNW)
Clients
4,183
Regulatory AUM
$1,630,944,248
Share
4.8%
Avg. per client
$390K
High-net-worth individuals
Clients
5,553
Regulatory AUM
$31,571,211,348
Share
92.0%
Avg. per client
$5.69M
Pension and profit-sharing plans
Clients
69
Regulatory AUM
$174,615,642
Share
0.5%
Avg. per client
$2.53M
Charitable organizations
Clients
94
Regulatory AUM
$619,144,663
Share
1.8%
Avg. per client
$6.59M
State or municipal government entities
Clients
1
Regulatory AUM
$36,629,266
Share
0.1%
Avg. per client
$36.6M
Corporations and other businesses
Clients
73
Regulatory AUM
$290,432,521
Share
0.8%
Avg. per client
$3.98M

Total

Clients
9,973
Regulatory AUM
$34,322,977,688
Share
100%
Avg. per client
$3.44M

What it does

Wealthspire Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting and selecting other managers. It is paid through a percentage of assets, fixed fees and other arrangements.

Wealthspire Advisors provided financial planning to 3,000 clients last fiscal year and advises no private funds.

96.3% of assets ($33.05B across 9,265 accounts) are managed with discretion; $1.28B across 708 accounts are not. $3.66B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 400 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks59%
  • Funds32%
  • Bonds3%
    • State and local bonds2%
    • Investment grade corporate bonds1%
  • Cash6%

Custodians

Wealthspire Advisors’ client accounts are held mainly at Charles Schwab, with 71% of managed assets, and Fidelity, with 16%. Wealthspire Advisors has custody of $14.33B for 5,475 clients.

Managed account assets by custodian
  • Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $24.47B71%
  • FidelityNational Financial Services LLC · Boston, MA · $5.34B16%
  • PershingPershing LLC · Jersey City, NJ · $2.77B8%
  • All other custodians$1.74B5%

Ownership and leadership

Wealthspire Holdings, LLC owns 75% or more of Wealthspire Advisors, and Michael Lamena is its CEO.

Who owns the firm
Wealthspire Advisors LLC· the adviser

  • Wealthspire Holdings, LLC

    Control person · since November 2017

    Owns 75% or more of Wealthspire Advisors LLC

  • Wealthspire Topco, LP

    Control person · since October 2025

    Owns 75% or more of Wealthspire Advisors LLC

Leadership

  • Michael Lamena
    Chief Executive Officer, Wealthspire, LP
  • Carl Nelson
    President, Wealthspire, LP
  • Eric Sontag
    President
  • Brian Powers
    Chief Financial Officer
  • Michael Del Priore
    Chief Compliance Officer
  • Michael Goss
    Director
  • Robert Hilzenrath
    Director
  • Brad Long
    Chief Investment Officer
  • Veronica Moo
    Director
  • Channing Olson
    Chief Operations Officer
  • Brett Schneider
    Director

Staff

  • 397 employees
  • 220 in advisory functions
  • 210 state-registered reps
  • 14 soliciting firms

Reported holdings

Wealthspire Advisors’ reported 13F holdings total $18.16B across 1,298 positions, and the ten largest make up 40.7% of it.

$18.16B
Reported 13F value
1,298
Positions
40.7%
In the 10 largest
+42.6%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. iShares TR · Core S&P500 ETF11.8%
  2. Vanguard Tax-managed Fds · Van FTSE Dev Mkt6.1%
  3. Vanguard Index Fds · S&P 500 ETF Shs4.4%
  4. iShares TR · Core S&P Mcp ETF3.4%
  5. Vanguard Star Fds · VG TL Intl Stk F3.0%
  6. SPDR Series Trust · ST Str P500etf2.8%
  7. Vanguard Index Fds · Total Stk Mkt2.6%
  8. Schwab Strategic TR · US Dividend EQ2.4%
  9. Vanguard Index Fds · Growth ETF2.1%
  10. State Str SPDR S&P 500 ETF T · TR Unit2.1%

Together, the ten largest are 40.7% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 11 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $18.16B is not its $34.32B in regulatory assets and does not represent any individual client's portfolio.

Fees

Wealthspire Advisors is paid through a percentage of assets under management, fixed fees (other than subscription fees) and other.

Wealthspire Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Wealthspire Advisors has 26 offices (1 private residence, listed without an address), with 26 listed addresses across 14 states.

Listed office addresses by state

New York · 2 listed addresses

  • 521 Fifth Avenue, 15th Floor, New YorkHQ
  • 400 Broadhollow Road, Melville

Other business names

Wealthspire Advisors has reported 2 other business names to the SEC.

  • Wealthspire
  • Wealthspire Advisors

Registration details

Legal name
Wealthspire Advisors LLC
Headquarters
521 Fifth Avenue, 15th Floor, New York, NY 10175
Phone
212-973-1200
Website
www.wealthspire.com
SEC file
801-49390
Structure
New York LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Wealthspire Advisors have?

Wealthspire Advisors has 9,973 clients and manages $34.3 billion for them, as of April 2026. They include 5,553 high-net-worth individuals, 4,183 other individuals and 94 charitable organizations.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 April 2026

What services does Wealthspire Advisors offer?

Wealthspire Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting and selecting other managers.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Wealthspire Advisors use?

Wealthspire Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $24,465,530,515, National Financial Services LLC (Boston, MA), with $5,343,379,304 and Pershing LLC (Jersey City, NJ), with $2,772,381,857. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 April 2026

How many financial advisors does Wealthspire Advisors have?

Wealthspire Advisors has 210 investment adviser representatives registered with state securities authorities, out of 397 employees, and 220 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 Wealthspire Advisors invest in?

At the end of its last fiscal year, Wealthspire Advisors’ separately managed accounts held 59% exchange-traded equities, 32% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 2% state and local bonds and 1% investment grade corporate bonds. It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Wealthspire Advisors?

Wealthspire Advisors is owned through a chain of holding companies by Wealthspire II, LP and MDCP IX Chicago Splitter Aggregator, L.P. Its direct owners are Wealthspire Holdings, LLC (75% or more) and Wealthspire Topco, LP (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 30 April 2026

How does Wealthspire Advisors get paid?

Wealthspire Advisors is paid through a percentage of assets under management, fixed fees and other arrangements. 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

Sources

  1. Form ADV Part 1A, amendment filed 30 April 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 106181.
  3. Form 13F-HR, filed 11 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Wealthspire Advisors LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.