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Aon Evaluates Sale of Wealthspire Advisors, Acquired in NFP Acquisition
ByAinvest
Thursday, Aug 7, 2025 12:35 pm ET1min read
Aon is reportedly exploring the sale of Wealthspire Advisors, a $31 billion wealth manager acquired through its purchase of NFP. The company has hired UBS as a financial adviser for the sales process. The sale is part of Aon's efforts to divest non-core businesses as it focuses on its core insurance and reinsurance operations.
Aon plc (NYSE:AON), a global provider of risk, health, and wealth solutions, is reportedly exploring the sale of Wealthspire Advisors, a $31 billion wealth management firm it acquired through its purchase of NFP. The company has hired UBS as a financial advisor for the sales process. This move is part of Aon's strategy to divest non-core businesses and focus on its core insurance and reinsurance operations [1].The decision to sell Wealthspire Advisors follows a series of strategic moves by Aon to streamline its portfolio. In the first quarter of 2025, Wealthspire Advisors LLC reduced its stake in Aon plc by 2.9%, according to its most recent 13F filing with the Securities & Exchange Commission [1]. This reduction, which amounted to selling 8,730 shares, brought the total number of shares owned by Wealthspire Advisors LLC to 288,132, making Aon plc its 24th largest position in the portfolio [1].
Analysts have recently upgraded their ratings and price targets for Aon plc, indicating a consensus rating of "Moderate Buy" and a target price of $409.21 [1]. This positive sentiment is reflected in the company's financial performance, with Aon plc reporting earnings per share of $3.49 for the quarter, surpassing analyst estimates by $0.09 [1]. The company's revenue also increased by 10.5% compared to the same quarter last year [1].
Aon's focus on its core operations comes at a time when the company is also expanding its digital capabilities and exploring new markets. The sale of Wealthspire Advisors is expected to free up resources for these initiatives, allowing Aon to maintain its competitive edge in the insurance and reinsurance sectors.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-wealthspire-advisors-llc-cuts-stock-position-in-aon-plc-nyseaon-2025-08-05/
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