{
  "crd_number": 121254,
  "slug": "wealthspire-retirement-advisory-aliso-viejo-ca-121254",
  "primary_business_name": "WEALTHSPIRE RETIREMENT ADVISORY",
  "legal_name": "WEALTHSPIRE RETIREMENT, LLC",
  "dbas": [
    "FIDUCIARY FIRST, LLC",
    "NFP",
    "SST BENEFITS AND CONSULTING SERVICES LLC",
    "WEALTHSPIRE RETIREMENT ADVISORY"
  ],
  "city": "Aliso Viejo",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-01-31",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 38609440509.0,
  "raum_discretionary": 38609440509.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 244,
  "advisory_employees": 139,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 779313818.0,
      "count": 5369
    },
    "pension_profit_sharing": {
      "raum": 36148016087.0,
      "count": 1395
    },
    "high_net_worth_individuals": {
      "raum": 1682110604.0,
      "count": 768
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://linkedin.com/company/wealthspire-retirement",
    "https://wealthspire.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/121254",
  "city_as_filed": "ALISO VIEJO",
  "url": "https://advisorcensus.com/firm/wealthspire-retirement-advisory-aliso-viejo-ca-121254",
  "display_name": "Wealthspire Retirement Advisory",
  "summary": "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.",
  "citation": "AdvisorCensus. Wealthspire Retirement Advisory (CRD 121254): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Wealthspire Retirement Advisory compensated?",
      "a": "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)."
    },
    {
      "q": "What does Wealthspire Retirement Advisory's brochure say about its fees?",
      "a": "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."
    },
    {
      "q": "Where is Wealthspire Retirement Advisory located?",
      "a": "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)."
    },
    {
      "q": "Is Wealthspire Retirement Advisory registered with the SEC or a state?",
      "a": "Wealthspire Retirement Advisory is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 121254."
    },
    {
      "q": "How much does Wealthspire Retirement Advisory manage?",
      "a": "Wealthspire Retirement Advisory reports $38,609,440,509 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Wealthspire Retirement Advisory's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Wealthspire Retirement Advisory serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Wealthspire Retirement Advisory use?",
      "a": "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."
    },
    {
      "q": "Does Wealthspire Retirement Advisory report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "What changed in Wealthspire Retirement Advisory's recent Form ADV filings?",
      "a": "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)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 69250977960.0,
      "total_employees": 151,
      "filing_date": "2021-09-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 78717910074.0,
      "total_employees": 217,
      "filing_date": "2022-08-15"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 75046288911.0,
      "total_employees": 251,
      "filing_date": "2023-09-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 96454495427.0,
      "total_employees": 219,
      "filing_date": "2024-06-05"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 118031461765.0,
      "total_employees": 240,
      "filing_date": "2025-04-16"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 38609440509.0,
      "total_employees": 244,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "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)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Added the business name NFP.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "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)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.25% to 1.6% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.25% to 1.6% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "quotes": [
      "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."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/wealthspire-retirement-advisory-aliso-viejo-ca-121254.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 5369,
      "fewer_than_5": false,
      "raum": 779313818.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 768,
      "fewer_than_5": false,
      "raum": 1682110604.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1395,
      "fewer_than_5": false,
      "raum": 36148016087.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/121254",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}