NFP-backed Wealthspire Advisors to acquire Private Ocean.

NFP-backed Wealthspire Advisors, an independent investment adviser, agreed to acquire Private Ocean, a fiduciary wealth management firm. Financial terms were not disclosed. "This is a fantastic opportunity for Wealthspire. The Private Ocean team, led by innovative leader Greg Friedman, shares our commitment to delivering great outcomes for clients, and their vision and culture are a natural fit with Wealthspire. This is a significant way to plant a flag on the West Coast and demonstrate our growing national scope," Mike LaMena, Wealthspire CEO.