Wealthcare Capital Management, a technology-enabled RIA for independent financial advisors, has secured a new financial partner and achieved significant growth in the first half of 2025. The company’s new partner is Sammons Financial Group, which acquired Wealthcare from its previous partner, NewSprings Holdings, in July.
New Partnership: The acquisition by Sammons Financial Group is expected to help Wealthcare reach its next stage of growth.
Advisor and AUM Growth: In the first half of this year, seven new advisors joined the firm, expanding its presence to 191 advisors in 29 states. This growth helped the company surpass $9 billion in regulatory assets under management (AUM) for the first time.
Advisor-Driven Models: Wealthcare’s “advisor-driven models” solution, which enables advisors to utilize their own investment models while outsourcing trading, has surpassed $870 million in AUM.
Wealthcare provides flexible affiliation models for financial advisors, including hybrid and fee-only options. This approach allows advisors to maintain a high degree of independence while still benefiting from the firm’s back- and middle-office support. The company plans to build on its recent successes and explore new opportunities in the financial advisory landscape.
KEY QUOTE:
“Our growth to-date in 2025 has been tremendous. We expect to see continued, if not accelerated, momentum through the end of the year and beyond thanks, in part, to our new relationship with Sammons Financial Group. Our advisors and staff are critical to our firm’s overall success. We wouldn’t be where we are today without them, and we remain fully committed to offering flexible solutions and support to help them thrive.”
President and CEO Matt Regan
