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Chicago Private Equity Firm Set to Acquire Wealthspire in Major Deal

September 4, 2025 - 08:26

Chicago Private Equity Firm Set to Acquire Wealthspire in Major Deal

In a significant move within the financial services sector, a Chicago-based private equity firm is preparing to acquire Wealthspire as part of Aon's strategic decision to divest a substantial portion of its National Financial Partners (NFP) wealth management business. This acquisition is projected to be valued at approximately $2.7 billion and is anticipated to finalize in the fourth quarter of 2025.

The decision to sell Wealthspire is part of Aon's broader strategy to streamline its operations and focus on core business areas. Wealthspire, known for its comprehensive wealth management services, has been a key player in the industry, providing tailored financial solutions to a diverse clientele.

The upcoming acquisition is expected to enhance the capabilities of the private equity firm, allowing it to expand its footprint in the wealth management sector. With the deal on the horizon, industry analysts are closely monitoring how this transition will impact both Wealthspire and the broader financial landscape.


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