In partnership with parent company NFP, Wealthspire Advisors has integrated Lenox Wealth Advisors, another subsidiary of NFP, into Wealthspire’s national independent investment advisory platform. Lenox Wealth Advisors has been a part of NFP since its inception. It is known for developing and executing sophisticated financial plans and building custom investment portfolios.

The integration comes after Wealthspire’s recent agreements to acquire Private Ocean Wealth Management and Private Capital Group, two RIAs with a combined value of $3.7 billion. After these transactions are complete, Wealthspire expects to oversee assets of approximately $20 billion and have 20 offices across the country.

“By combining firms under the NFP umbrella, LWA and Wealthspire create significant advantages that benefit both our clients and our people,” said Wealthspire CEO Mike LaMena. “Size and scale are important. Coming together allows us to invest in the technology and talent we need and expand the capabilities and services we deliver.”

“It is important for our clients to know that the goal is providing more choices, offering a deeper investment team, and continuing to improve processes and technology,” addedRichard Van Benschoten. “We remain part of the same NFP family, but now as a larger team with more offices across the country and a combined $16.45 billion of assets under management.”