Key Takeaways
- • Ground Control Business Management, a division of Wealthspire, has acquired Atlantic Swiss, a London-based private wealth manager with over $1 billion (£800 million) in assets under management and administration, according to a Business Wire release.
- • Atlantic Swiss serves clients primarily across the U.K. and Western Europe, with experience in the film, television, sports, music and fashion industries, and employs more than 20 people, including eight advisors.
- • Founder Craig Bell will remain as president of Atlantic Swiss, supported by Nick Parkinson, president of Ground Control's U.K. division.
- • The deal expands Wealthspire's international footprint and complements its recently launched Sports & Entertainment practice.
- • Berkshire Global Advisors served as exclusive advisor to Wealthspire on the transaction.
Summary
Wealthspire, an independent wealth management, institutional advisory and business management firm, announced that its division Ground Control Business Management ("Ground Control") has acquired Atlantic Swiss, a London-based private wealth manager. The release states Atlantic Swiss has over $1 billion (£800 million) in assets under management and administration, a figure Wealthspire cites as of 12/30/2025. Following completion, Atlantic Swiss will collaborate closely with Ground Control, building on Ground Control's existing U.K. presence and extending Wealthspire's wealth management capabilities into a key international market.
Atlantic Swiss provides personalized financial planning and investment management primarily to clients across the U.K. and Western Europe. The firm has experience serving professionals in the film, television, sports, music and fashion industries. Its "family CFO" approach combines financial planning and investment management to address clients' interconnected financial needs. The acquisition complements Wealthspire's recently launched Sports & Entertainment practice, which serves clients with complex financial considerations tied to their careers.
Atlantic Swiss founder Craig Bell will continue to lead the team as president, overseeing more than 20 employees, including eight advisors. Nick Parkinson, president of Ground Control's U.K. division, will provide additional leadership. Wealthspire chief executive Mike LaMena said Bell and his team "have built lasting relationships by paying close attention to each client," and that they will serve clients directly with added depth and support as the business grows. Bell said the team has partnered with Ground Control for years and that joining Wealthspire is the natural step in elevating client service.
Berkshire Global Advisors served as exclusive advisor to Wealthspire on the transaction. Atlantic Swiss Private Clients is a trading style of ASFC LLP and is authorised and regulated by the Financial Conduct Authority. Wealthspire operates across the United States, Canada and the United Kingdom through affiliated firms offering wealth management, retirement plan consulting, endowment and foundation advisory, business management and family office services.
Atlantic Swiss provides personalized financial planning and investment management primarily to clients across the U.K. and Western Europe. The firm has experience serving professionals in the film, television, sports, music and fashion industries. Its "family CFO" approach combines financial planning and investment management to address clients' interconnected financial needs. The acquisition complements Wealthspire's recently launched Sports & Entertainment practice, which serves clients with complex financial considerations tied to their careers.
Atlantic Swiss founder Craig Bell will continue to lead the team as president, overseeing more than 20 employees, including eight advisors. Nick Parkinson, president of Ground Control's U.K. division, will provide additional leadership. Wealthspire chief executive Mike LaMena said Bell and his team "have built lasting relationships by paying close attention to each client," and that they will serve clients directly with added depth and support as the business grows. Bell said the team has partnered with Ground Control for years and that joining Wealthspire is the natural step in elevating client service.
Berkshire Global Advisors served as exclusive advisor to Wealthspire on the transaction. Atlantic Swiss Private Clients is a trading style of ASFC LLP and is authorised and regulated by the Financial Conduct Authority. Wealthspire operates across the United States, Canada and the United Kingdom through affiliated firms offering wealth management, retirement plan consulting, endowment and foundation advisory, business management and family office services.
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