Mesirow Fiduciary Solutions Acquires flexPATH Strategies' 3(38) Business
Mesirow Fiduciary Solutions has successfully completed the acquisition of the plan-level 3(38) business from flexPATH Strategies, LLC. This strategic move is designed to enhance Mesirow's outsourced fiduciary platform and expand its custom portfolio construction capabilities within the retirement marketplace. The transaction marks Mesirow's second major acquisition in 2026, signaling an aggressive growth strategy aimed at deepening service offerings for financial advisors, plan sponsors, and recordkeepers. By integrating flexPATH's expertise, Mesirow aims to strengthen its position as a leading provider of institutional investment solutions and fiduciary technology.