The relationship-focused firm joins Wealthspire to preserve continuity and expand client support

Wealthspire Advisors LLC, an NFP company and independent registered investment advisor with $31 billion in AUM¹, today announced it has entered into an agreement to acquire Marin Financial Advisors, a long-trusted boutique RIA based in Larkspur, California, with more than $380 million in assets under management. The addition reflects Wealthspire’s continued commitment to seeking out like-minded advisors who prioritize longstanding client relationships, thoughtful planning, and delivering the highest level of service.

Led by Principal Colin Drake, Marin Financial Advisors has provided individuals and families with personalized financial guidance since 1987. Drake will continue serving clients alongside Client Service Director Christine Cione, ensuring a seamless transition with the same people, service, and philosophy, supported by a broader team of professionals.

“From the first conversation, it was clear that Colin’s values align closely with ours,” said Mike LaMena, CEO of Wealthspire Advisors. “He brings a relationship-driven mindset and deep sense of client loyalty that reflect everything we believe in as a firm. We are honored to welcome him, his team, and his clients to Wealthspire.”

“We’ve always shown up for our clients with care, attention, and practical and personal advice,” said Drake. “This transition enables us to keep taking great care of them, while adding more support behind the scenes.”

Drake’s decision to join Wealthspire followed a period of reflection after the passing of Dave Shore, Drake’s business partner and founder of Marin Financial Advisors. “After losing Dave, I knew we needed a partner we could trust to help carry this work forward,” Drake added. “Having worked with the firm's West Coast team (at predecessor firm Private Ocean) for over a decade, the team members are already like family, and I feel confident that this relationship honors the past while preparing us for the future.”

Through the transaction, Marin clients will gain access to expanded resources and expertise in trust and estate planning, tax and insurance guidance, and investment research. Wealthspire also offers ongoing educational opportunities, including webinars, quarterly updates, and in-person events.

The deal strengthens Wealthspire’s presence in the Northern California market and builds upon existing relationships with the Marin Financial Advisors team. It reflects the firm’s broader strategy to partner with advisors who lead with empathy, guide their clients through all life stages, and bring deep care to every relationship.

About Wealthspire Advisors

Wealthspire Advisors is an independent registered investment advisor that oversees, across its entities, $31 billion¹ in assets under management, 25 offices across the U.S., and more than 130 advisors. The firm has been recognized as a top RIA firm by Barron’s, Forbes/Shook, and Financial Advisor Magazine.² Offering financial planning, investment management, family office, and outsourced chief investment officer (OCIO) services, Wealthspire Advisors brings together experts in various aspects of wealth management to serve its clients. For more information, please visit www.wealthspire.com.

About NFP

NFP, an Aon company, is an organization of consultative advisors and problem solvers helping companies and individuals address their most significant risk, workforce, wealth management and retirement challenges. With colleagues across the U.S., Puerto Rico, Canada, UK and Ireland, they serve a diversity of clients, industries, and communities. Their global capabilities, specialized expertise and customized solutions span property and casualty insurance, benefits, wealth management and retirement plan advisory. Together, they put people first, prioritize partnerships and continuously advance a culture they’re proud of. Visit NFP.com to learn more.

1 AUM as of 6/30/2025 for Wealthspire Advisors LLC and its subsidiaries.

2 Barron’s Magazine – Top 100 RIA Firms – 2024 – Published in September 2024, based on data as of June 30, 2024. Forbes – America’s Top RIA Firms – 2024 – Ranking published October 2024, based on values as of March 31, 2024. Financial Advisor Magazine – Top Registered Investment Advisors – 2025 – Published July 11, 2025, based on data from December 2023-December 2024. For a full list of awards disclosures, please visit our website at https://www.wealthspire.com/privacy-policy/awards-disclosures/.

Wealthspire Advisors LLC and its subsidiaries are separately registered investment advisers and subsidiary companies of NFP, an Aon company. © 2025 Wealthspire Advisors

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