· Mesirow Fiduciary Solutions completes the acquisition of flexPATH Strategies' plan-level 3(38) business, further strengthening its established retirement and outsourced fiduciary platform.
· Transaction enhances the availability of Mesirow’s fiduciary solutions and custom portfolio offerings across the retirement marketplace.
· Acquisition marks Mesirow Fiduciary Solutions' second strategic acquisition in 2026 and reinforces its commitment to growth in the retirement industry.
Mesirow, an independent,employee-owned financial services firm, today announced the successfulcompletion of its acquisition of the plan-level 3(38) business of flexPATHStrategies, LLC ("flexPATH"), a provider of outsourced fiduciary andcustom portfolio construction solutions serving the retirement planmarketplace.
The completed transaction further expands Mesirow Fiduciary Solutions' capabilities and strengthens its position as a leading provider of outsourced fiduciary services. The acquisition broadens the platform's custom portfolio construction offering and deepens its ability to deliver innovative 3(38) fiduciary solutions to financial advisors, plan sponsors, recordkeepers and institutional partners.
"We are excited to officially welcome the flexPATH plan-level 3(38) business to Mesirow Fiduciary Solutions," said Michael Anni, CFA, President of Mesirow Fiduciary Solutions. "This transaction expands the reach of our fiduciary services platform, creating additional opportunities to deliver our custom portfolio solutions and fiduciary expertise to advisors and plan sponsors through recordkeeping channels.”
The acquisition represents Mesirow Fiduciary Solutions' second strategic acquisition in 2026 and reflects the firm's ongoing commitment to growth in the retirement marketplace through both organic and strategic expansion.
"Completing this transaction marks another important milestone in the continued growth of Mesirow Fiduciary Solutions," said Ketan Shah, Chief Strategy Officer and General Counsel at Mesirow. "By expanding the availability of our fiduciary solutions across the retirement ecosystem, we are strengthening our ability to support advisors, plan sponsors and industry partners with the services and expertise they value most.”
Mesirow Fiduciary Solutions provides outsourced fiduciary services through 3(21) and 3(38) investment lineup services, custom portfolio construction, investment due diligence, fiduciary technology and reporting, and customized default solutions. The platform supports thousands of financial advisors and retirement plans through scalable technology infrastructure and broad network of recordkeeper integrations. The acquisition of flexPATH's plan-level 3(38)business further strengthens these capabilities and expands Mesirow's reach within the retirement marketplace.
DLA represented Mesirowand Ropes & Gray represented flexPATH.
Past performance is not indicative of future results. Any opinions expressed are subject to change without notice. Advisory Fees are described in Mesirow Financial Investment Management, Inc.’s Part 2A of the Form ADV. Advisory services offered through Mesirow Financial Investment Management, Inc. an SEC registered investment advisor. Securities offered by Mesirow Financial, Inc. member FINRA and SIPC. Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. © 2026, Mesirow Financial Holdings, Inc. All rights reserved.
Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. © 2026. All rights reserved.