Wealthcare Advisory Partners

The methodology comes from Financeware, a financial-planning technology company founded in 1999. Financeware built a Monte Carlo simulation engine that projects the probability of funding specific life goals instead of simply beating a market benchmark. Wealthcare Advisory Partners was created in 2013 when Matt Regan led the acquisition of Financeware’s wealth-management division, securing an exclusive license to deploy the goals-based platform inside an RIA structure while Financeware retained its software business.

Most RIA aggregators acquire practices and leave their investment philosophies largely intact. Wealthcare requires every advisor — employed or affiliated — to adopt its central goals-based planning framework. The firm’s growth model is built around licensing a single repeatable process rather than simply rolling up fragmented books of business, which creates a more uniform client experience and investment methodology across its entire network.

No. The firm constructs client portfolios using exchange-traded funds, mutual funds, and individual securities, but does not operate its own mutual fund family, hedge fund, or proprietary pooled vehicle. It also does not take principal investment positions or balance-sheet risk — the firm earns advisory fees on assets under management and planning fees for its methodology.

Wealthcare runs a structured succession program for independent advisors approaching retirement. The firm acts as a transition partner, acquiring the retiring advisor’s book of business and transferring client relationships to a successor advisor who operates under the same Wealthcare ADV and methodology, preserving continuity of the goals-based planning framework.

Matt Regan serves as President and has led the firm since its 2013 spinout. Regan orchestrated the acquisition of Financeware’s wealth-management division and remains the central decision-maker for business strategy, advisor-affiliate growth, and the firm’s exclusive methodology license. The lean executive team operates within a traditional RIA governance structure with Regan as the key principal per public filings.