Key Takeaways
- • Fiducient Advisors LLC, an outsourced CIO provider and unit of Wealthspire LLC, acquired Indianapolis-based retirement plan consultant Axia Advisory Corp., according to a Wealthspire announcement made on Tuesday, April 7, 2026.
- • The deal adds $1.9 billion in assets under management and supervision to Wealthspire, which manages and advises more than $580 billion, including assets managed by Fiducient.
- • Fiducient Advisors manages $410 billion; Axia, founded in 1992, offers plan design, fee analysis, provider search, investment selection and monitoring for plan sponsors, plus discretionary management and wealth planning.
- • Wealthspire describes the acquisition as reflecting continued growth of its institutional business, with Axia clients gaining access to its broader research, technology and resources.
Summary
Outsourced CIO provider and investment consultant Fiducient Advisors LLC, a unit of wealth management and advisory firm Wealthspire LLC, has acquired Indianapolis-based retirement plan consulting and advisory firm Axia Advisory Corp., Wealthspire announced on Tuesday. Per the announcement, the transaction adds $1.9 billion in assets under management and supervision to Wealthspire. Fiducient Advisors manages $410 billion, while Wealthspire manages and advises more than $580 billion in assets, including those managed and advised by Fiducient.
Axia, founded in 1992, provides retirement plan services including plan design, fee analysis, employee education, provider oversight and search, investment selection, and monitoring for plan sponsors, according to a Wealthspire statement. The firm also offers investment consulting and discretionary investment management, as well as wealth management and financial planning for individuals and families. Wealthspire said the acquisition reflects the continued growth of its institutional business and that Axia clients will gain expanded access to the firm's broader resources.
Axia President Keith Shadrick said in a statement that he has spent his career helping retirement plan sponsors and participants navigate an increasingly complex landscape, and that as part of Wealthspire the firm can build on that foundation while enhancing its retirement and private wealth capabilities. Mike Goss, Wealthspire's chief revenue officer and president of institutional, described Axia as a highly respected practice rooted in deep client relationships and fiduciary excellence, and said the firm is a strong cultural and strategic fit. Wealthspire said it plans to support Axia's growth with expanded resources, research and technology.
Publisher-side coverage, including an IM Deals notice, dates the transaction's completion to April 7, 2026, and MidCap Advisors reported it served as exclusive financial advisor to Axia in the sale.
Axia, founded in 1992, provides retirement plan services including plan design, fee analysis, employee education, provider oversight and search, investment selection, and monitoring for plan sponsors, according to a Wealthspire statement. The firm also offers investment consulting and discretionary investment management, as well as wealth management and financial planning for individuals and families. Wealthspire said the acquisition reflects the continued growth of its institutional business and that Axia clients will gain expanded access to the firm's broader resources.
Axia President Keith Shadrick said in a statement that he has spent his career helping retirement plan sponsors and participants navigate an increasingly complex landscape, and that as part of Wealthspire the firm can build on that foundation while enhancing its retirement and private wealth capabilities. Mike Goss, Wealthspire's chief revenue officer and president of institutional, described Axia as a highly respected practice rooted in deep client relationships and fiduciary excellence, and said the firm is a strong cultural and strategic fit. Wealthspire said it plans to support Axia's growth with expanded resources, research and technology.
Publisher-side coverage, including an IM Deals notice, dates the transaction's completion to April 7, 2026, and MidCap Advisors reported it served as exclusive financial advisor to Axia in the sale.
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