Fiducient Advisors Buys $11B Portland-Based RIA

Wealthspire announced that Fiducient Advisors has entered into an agreement to acquire Sellwood Investment Partners, a Portland, Oregon-based investment advisory firm with $11 billion in total assets.

Founded in 2012, Sellwood Investment Partners provides advisory and discretionary investment management services to endowments, foundations, 529 and 529A plans, retirement plans, and high-net-worth individuals.

“Sellwood has built an exceptional firm defined by principled investing, careful risk management, and a long-term perspective,” said Mike Goss, chief revenue officer and president of Wealthspire Institutional. “Their approach aligns seamlessly with our platform and adds further depth to the capabilities we offer clients. We look forward to working alongside the team in Portland as we expand in the Pacific Northwest.”

“Our focus has always been on delivering independent, highly customized advice to each client,” said Charlie Waibel, managing principal and co-founder of Sellwood Investment Partners. “Partnering with Wealthspire allows us to deepen our resources while staying true to the relationships, values, and service our clients rely on.”

Sellwood Investment Partners will continue to operate from its Portland office.

The acquisition is subject to customary closing conditions. Houlihan Lokey served as exclusive financial advisor to Sellwood Investment Partners, and Berkshire Global Advisors served as exclusive financial advisor to Wealthspire.