Wealthspire’s Ground Control Acquires Ceres Financial Management

Wealthspire, an independent wealth management, retirement advisory, and business management firm with more than $580 billion in assets under management or advisement, announced that its Ground Control Business Management has acquired Los Angeles-based Ceres Financial Management, LLC.

This is Wealthspire’s second major acquisition since its realignment as an integrated wealth management platform earlier in November.

Wealthspire will integrate Ceres into Ground Control’s operations and brand, with Ceres leader Craig Shenkler joining as managing director and reporting to Chris Bucci, chief executive officer of Ground Control.

“We’re thrilled to welcome Craig and the Ceres team,” said Bucci. “Ceres is committed to efficient, effective service in meeting the complex needs of their clients, making their team an excellent cultural fit as Ground Control grows. We will build on their strong reputation and relationships as we expand our business management footprint in Los Angeles.”

Founded in 2008, Ceres works with entertainers, entrepreneurs, and other high net worth individuals in the Los Angeles area. The firm provides business and wealth management services, including accounting and estate planning.

“We’re looking forward to joining Wealthspire and Ground Control, a growing name as an expert in business management,” said Shenkler. “Our clients continue to face new considerations and challenges, so tapping into Wealthspire’s extensive expertise and capabilities across risk, human capital, wealth, and retirement will level up the service we can provide.”

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