Private Ocean today announced that is has agreed to be acquired by Wealthspire Advisors, a well-respected, well-capitalized, and well-positioned registered investment advisory firm (RIA) headquartered in the greater New York area (with offices located in MD, VA, PA, NJ, CT, FL, and WI). Wealthspire is owned by NFP Corp., an insurance brokerage and consulting firm with an international presence.
Private Ocean has always believed in the power of positive change for our clients and our firm. In an increasingly complex financial world, we recognize that our ability to evolve and best serve our clients requires deeper and expanded resources as well as enhanced technology and operations. We are confident that this partnership with Wealthspire will have a positive impact and that we share a transparent, client-first approach to financial and investment advice. We will maintain our fee-only fiduciary methodology and we remain committed to upholding our values as we take this next step in joining Wealthspire.
Private Ocean and Wealthspire share similar cultures, approaches to financial planning, and investment philosophies. Beneficially, our entire advice and service process will now be backed by an even deeper bench of professionals and support staff, including an enhanced client service and operations team.
We thank you for placing your trust and confidence in our team. We are truly excited to join Wealthspire and look forward to our continued relationship with our clients and our partners. We also welcome any questions you may have about this process and I encourage you to contact us if you’d like to have a conversation.
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IMPORTANT DISCLOSURE INFORMATION
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Private Ocean, LLC [“Private Ocean”]), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Private Ocean. Please remember that if you are a Private Ocean client, it remains your responsibility to advise Private Ocean, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/ evaluating/ revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Private Ocean is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Private Ocean’s current written disclosure Brochure discussing our advisory services and fees is available for review upon requestor at www.privateocean.com. Please Note: Private Ocean does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Private Ocean’s web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Please Also Note: If you are a Private Ocean client, Please advise us if you have not been receiving account statements (at least quarterly) from the account custodian.