Skip to content
Tuesday, October 27, 2026 · Today’s edition, 6:30 a.m. ETTue, Oct 27 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in
NewsM&A

Wealthspire's Ground Control acquires London-based Atlantic Swiss, a $1 billion wealth manager

Eight advisors and founding partner Craig Bell join a U.K. business that already has offices in London and the Midlands.

At a glance

  1. No purchase price appears in WealthManagement.com's report of the deal, announced Oct. 20.
  2. Atlantic Swiss brings more than 20 employees, eight of them advisors, and founding partner Craig Bell.
  3. Eight advisors carrying $1 billion works out to roughly $125 million per advisor.

Ground Control Business Management, Wealthspire's entertainment and sports division, has acquired London-based Atlantic Swiss, a wealth manager with more than $1 billion in assets under management and administration. No purchase price appears in WealthManagement.com's report of the deal, announced Oct. 20.

Atlantic Swiss brings more than 20 employees, eight of them advisors, and founding partner Craig Bell. Bell remains president and will work alongside Nick Parkinson, president of Ground Control's U.K. division.

Eight advisors carrying $1 billion works out to roughly $125 million per advisor. Atlantic Swiss describes its model as "family CFO" work, pairing financial planning with investment management, and serves individuals in entertainment, media and sports.

The $1 billion is measured as assets under management and administration, a wider bucket than discretionary assets under management.

The acquisition is part of a build Wealthspire CEO Mike LaMena has been running since Madison Dearborn Partners bought the firm last year. In March the RIA launched a family office division with 300 families and $50 billion in assets. Earlier this month it stood up a Sports & Entertainment practice inside that division, carrying $2.9 billion in assets, per PWD's records. Atlantic Swiss sits in that vertical, in a country where Ground Control already has offices in London and the Midlands.

Berkshire Global Advisors advised Wealthspire on the transaction, per the report.

Atlantic Swiss's $1B sits inside Wealthspire's family office build

Assets under management, $ billions

  • Family office division (launched March)$50B
  • Sports & Entertainment practice$2.9B
  • Atlantic Swiss (acquired)$1B
Source: WealthManagement.com · Oct. 2026
Show as table
ItemValue ($B)
Family office division (launched March)$50B
Sports & Entertainment practice$2.9B
Atlantic Swiss (acquired)$1B

Reported by the M&A desk from WealthManagement.com. Published . Corrections

Related

M&A

Wealthspire's Ground Control buys London's Atlantic Swiss, a $1B wealth manager

The deal closed Oct. 1 and adds eight advisors; Atlantic Swiss advises film, TV, sports, music and fashion professionals.

M&A

Lido co-CEO floats cross-border wealth deals for $42.5B RIA

Stern named the Middle East, Europe, Asia and Mexico City as options; Creative Planning, Corient and Wealthspire have already made such deals.

PWD View, OpinionThe Close

Beacon Pointe adds $1.35B across three RIAs, passing $70B

The trio includes a roughly $1 billion California and Texas planner and two firms under $250 million; Wealthspire also bought a London wealth manager.

M&A

Kruszewski: lower-multiple merger won't lift Stifel's 9x multiple

The CEO told BMO's Brennan Hawken a combination must leave Stifel trading higher, and pointed to EPS up 406% since 2016.

M&A

Steward CEO says RIA deal volume runs up to 5x tracked totals

Jim Gold says advisor-to-advisor book sales and internal succession go unreported; Steward's own 12-month mix implies about 1.7 times the reported count.

Private Wealth DailyThe morning edition

The private wealth industry in four minutes, every morning at 6:30 a.m. ET. Free.

Free. Every morning. Unsubscribe from any edition in one click.

From other sections