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Wealthcare's Remarkable Growth in 2024

Wealthcare Capital Management, a technology-enabled registered investment advisor (RIA), proudly celebrates its significant growth in 2024 as it marks its 25th anniversary. The firm, which provides essential support to independent financial advisors and is part of NewSpring Holdings, has successfully navigated a year filled with accomplishments that reflect its commitment to empowering advisors and driving growth in the financial services sector.

Key Achievements of 2024

Among the many highlights, the firm welcomed 15 new advisors into its family, extending its reach across 29 states in the U.S. This expansion reinforces Wealthcare's strategy of enhancing its national presence and its dedication to offering unparalleled service to clients.

Additionally, Wealthcare proudly completed its fourth merger and acquisition (MA) transaction, which validates its multi-channel affiliation strategy, particularly in the 'direct' channel. This success illustrates the firm’s capability to adapt and thrive in a competitive environment.

A significant milestone was the firm surpassing $7 billion in assets under management (AUM) for the first time in its history, closing 2024 with a remarkable $7.6 billion in AUM. This achievement underscores Wealthcare’s growth trajectory and solidifies its position as a leader in the advisory landscape.

Wealthcare also made strides with its innovative 'advisor-driven models,' which have exceeded $500 million in AUM. This flexible solution allows advisors to utilize their own investment strategies while outsourcing trading and rebalancing, showcasing the firm's commitment to meeting diverse advisor needs.

In support of its advisors, Wealthcare formed strategic partnerships with 10 new collaborative partners, including renowned names like Tax Accounting Group (TAG) of Duane Morris, CBS Brokerage, and Wealth.com. These partnerships are critical for equipping advisors with the necessary tools, technology, and resources to effectively serve their clients.

Celebrating 25 Years of Service

As Wealthcare celebrated this momentous 25th anniversary, President and CEO Matt Regan reflected on the firm’s impressive growth and the unwavering commitment to its advisors. He emphasized that these achievements represent not just numbers but the strength of advisors working within a supportive environment designed to foster personalized care and impactful services.

Wealthcare’s innovative approach and focus on creating deeper relationships between advisors and investors are founded on its patented Comfort Zone methodology, along with robust offerings like GDX360®. This comprehensive fiduciary process seamlessly integrates planning, investing, and trading, enabling advisors to operate independently while achieving significant success.

Looking to the Future

As Wealthcare aims for future successes, the firm is committed to exploring new opportunities within the financial advisory landscape and welcoming additional advisors into its community. Wealthcare’s goals remain clear: to continue driving growth, supporting financial professionals, and delivering exceptional value and support to both advisors and clients alike.

About Wealthcare

Wealthcare, part of Financeware, has pioneered its goals-based planning and investing methodology for 26 years and holds multiple patents in the goals management space. The firm's unique services and innovative technology position it as a leader among RIAs.

About NewSpring Holdings

NewSpring Holdings specializes in sector-specific platform builds, providing operational expertise and resources that support profitable growth for acquiring companies. Founded in 1999, NewSpring focuses on establishing partnerships with innovators and operators in high-performing industries, helping them achieve market leadership.

For more information on Wealthcare and its offerings, visit www.wealthcaregdx.com.