AdvisorCensus / Financial advisors / California / Los Angeles / Wealthspire Retirement Advisory
Wealthspire Retirement Advisory
Filed as WEALTHSPIRE RETIREMENT ADVISORY · Legal name Wealthspire Retirement, LLC
Wealthspire Retirement Advisory is an SEC-registered investment advisory firm in Aliso Viejo, CA, registered since 2006, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.
Quick answers
From the filingHow is Wealthspire Retirement Advisory compensated?
On its Form ADV (Item 5.E, October 2026), Wealthspire Retirement Advisory reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
What does Wealthspire Retirement Advisory's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 0.25% to 1.6% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Wealthspire Retirement Advisory located?
Wealthspire Retirement Advisory's principal office is in Aliso Viejo, CA, according to its Form ADV; the April 2026 filing also lists 22 other offices (Schedule D, Section 1.F).
Is Wealthspire Retirement Advisory registered with the SEC or a state?
Wealthspire Retirement Advisory is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 121254.
How much does Wealthspire Retirement Advisory manage?
Wealthspire Retirement Advisory reports $38,609,440,509 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).
How have Wealthspire Retirement Advisory's assets and staff changed since 2021?
In the Form ADV data for Wealthspire Retirement Advisory: Regulatory assets under management: $69,250,977,960 in the October 2021 data and $38,609,440,509 in the October 2026 data, down 44%. Total employees: 151 in October 2021 and 244 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Wealthspire Retirement Advisory serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (5,369); pension and profit sharing plans (but not the plan participants or government pension plans) (1,395); high net worth individuals (768).
Which custodians does Wealthspire Retirement Advisory use?
Wealthspire Retirement Advisory's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and Pershing LLC as custodians holding 10% or more of its separately managed account assets.
Does Wealthspire Retirement Advisory report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/121254
What changed in Wealthspire Retirement Advisory's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 149 to 139. Regulatory assets under management went from $118,031,461,765 to $38,609,440,509 (-67%). Changed its office addresses in Bethesda, MD. Changed its office addresses in Cleveland, OH. Changed its office addresses in Minneapolis, MN. Added an office in Appleton, WI. Added an office in Los Angeles, CA. Added an office in Midlothian, VA. Added an office in New York, NY. Added an office in Royal Oak, MI. Added an office in Scottsdale, AZ. No longer lists an office in San Diego, CA. No longer lists an office in Santa Barbara, CA. No longer lists an office in Troy, MI. Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 0.25% to 1.6% a year (a range, as the brochure states it)
The brochure's wording
The fees charged by the IARs range from 0.25% - 1.60% based on the nature of the services provided, the nature and composition of the portfolio, and the frequency that the portfolio is expected to have to be rebalanced.
As stated in the firm's Form ADV Part 2A brochure dated March 31, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$38,609,440,509 as of October 2026, filing dated March 31, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other
Registration and firm details
Items 1, 2, 5- Legal name
- Wealthspire Retirement, LLC
- Also doing business as
- FIDUCIARY FIRST, LLC, NFP, SST BENEFITS AND CONSULTING SERVICES LLC, WEALTHSPIRE RETIREMENT ADVISORY
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2006 (20 years)
- Employees
- Total: 244. Performing investment advisory functions: 139.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- Other offices (Schedule D, Section 1.F)
-
22 other offices, as of the April 2026 filing
- States registered or notice-filed
-
52 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $38,609,440,509 | 244 | March 31, 2026 |
| October 2025 | $118,031,461,765 | 240 | April 16, 2025 |
| October 2024 | $96,454,495,427 | 219 | June 5, 2024 |
| October 2023 | $75,046,288,911 | 251 | September 27, 2023 |
| October 2022 | $78,717,910,074 | 217 | August 15, 2022 |
| October 2021 | $69,250,977,960 | 151 | September 17, 2021 |
Regulatory assets under management: $69,250,977,960 in the October 2021 data and $38,609,440,509 in the October 2026 data, down 44%.
Total employees: 151 in October 2021 and 244 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 149 to 139.
- Regulatory assets under management went from $118,031,461,765 to $38,609,440,509 (-67%).
- Changed its office addresses in Bethesda, MD.
- Changed its office addresses in Cleveland, OH.
- Changed its office addresses in Minneapolis, MN.
- Added an office in Appleton, WI.
- Added an office in Los Angeles, CA.
- Added an office in Midlothian, VA.
- Added an office in New York, NY.
- Added an office in Royal Oak, MI.
- Added an office in Scottsdale, AZ.
- No longer lists an office in San Diego, CA.
- No longer lists an office in Santa Barbara, CA.
- No longer lists an office in Troy, MI.
- Updated its list of owners and control persons (Schedule A).
- February 2026
- Added the business name NFP.
- Updated its list of owners and control persons (Schedule A).
- January 2026
- Updated its list of owners and control persons (Schedule A).
- December 2025
- No longer lists the business name Fiduciary First.
- Added the business name Wealthspire Retirement Advisory.
- Added the business name Fiduciary First, LLC.
- Reported a succession: took over the business of Wealthspire Retirement Advisory (CRD 121254) on October 30, 2025.
- Changed its legal name from NFP Retirement Inc. to Wealthspire Retirement, LLC.
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Wealthspire Retirement Advisory (CRD 121254): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/wealthspire-retirement-advisory-aliso-viejo-ca-121254