Wealth Enhancement Group Acquires M&R Capital Management, Inc.

Wealth Enhancement Group Acquires Asset Management Resources, LLC

December 19, 2023

Financial Services

Wealth Enhancement Group, a national independent wealth management firm, has acquired Asset Management Resources, LLC, an independent RIA led by J. Christopher Boyd based in Hyannis, Massachusetts. The acquired team brings approximately $236 million in assets under management and will expand Wealth Enhancement Group's presence in Massachusetts to four offices.

Wealth Enhancement Group Acquires Wealth Management Group, LLC (Rochester, NY)

November 16, 2023

Wealth Management

Wealth Enhancement Group, a Minneapolis-based independent wealth management firm, has acquired Wealth Management Group, LLC, a hybrid RIA in Rochester, New York, bringing approximately $117 million in client assets. The acquisition adds another western New York office to Wealth Enhancement Group’s network and is intended to expand local presence and provide Wealth Management Group’s clients access to broader resources and services.

Wealth Enhancement Group Acquires Retirement Advisory Group

November 8, 2023

Financial Services

Wealth Enhancement Group, a national independent wealth management firm, announced the acquisition of Retirement Advisory Group, a hybrid RIA based in Eden Prairie, Minnesota, bringing roughly $150 million in client assets and a five-person team into Wealth Enhancement's platform. The deal expands Wealth Enhancement Group's Twin Cities presence and increases its assets under management.

Wealth Enhancement Group Acquires CJM Wealth Management

September 1, 2020

Financial Services

Wealth Enhancement Group, a Minneapolis-based independent wealth management firm overseeing roughly $19.4 billion in client assets, has acquired CJM Wealth Management, a Deer Park, New York registered investment adviser with about $440–446 million in client assets. The deal (closed Sept. 1, 2020) expands Wealth Enhancement Group’s presence in the New York metro (its third NY location and fifth in the Tri-State area); financial terms were not disclosed.

Mercer Advisors Acquires RMR Wealth Advisors, LLC

June 5, 2023

Financial Services

Mercer Global Advisors, Inc. (Mercer Advisors) has acquired RMR Wealth Advisors, LLC, a Madison, Wisconsin-based wealth management firm founded in 2009. The deal brings RMR’s team, approximately $350 million in AUM and ~150 clients into Mercer’s national RIA platform to expand Mercer’s family office and wealth management capabilities.

Wealth Enhancement Group Acquires Kings Point Capital Management

June 2, 2022

Wealth Management

Wealth Enhancement Group, a Minneapolis-based independent wealth management firm, has acquired Kings Point Capital Management, an independent RIA with offices in Great Neck, New York and Brentwood, Tennessee. The deal brings Kings Point’s $1.7 billion in client assets onto Wealth Enhancement Group’s platform, increasing the firm’s total client assets to about $55 billion and adding a team of five advisors plus 11 support staff.