Wealth Enhancement Group Acquires Hoover Financial Advisors
June 3, 2021
Wealth Enhancement Group, a TA Associates-backed independent wealth management firm, has acquired Hoover Financial Advisors, a Malvern, Pennsylvania-based RIA with $1.46 billion in total client assets. The deal brings HFA's 26-person team onto Wealth Enhancement Group's platform as the firm continues an acquisition-focused growth strategy to expand its Northeast U.S. footprint and enhance centralized back-office and technology capabilities.
- Buyers
- Wealth Enhancement Group, TA Associates
- Targets
- Hoover Financial Advisors
- Platforms
- Wealth Enhancement Group
- Industry
- Wealth Management
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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