Wealth Enhancement Acquires WealthShield Partners and Madison Oaks Wealth Partners

Wealth Enhancement Acquires Weinand Financial Investment Advisory Business

August 18, 2026

Wealth Management

Wealth Enhancement, an independent wealth management firm, acquired the investment advisory business of Weinand Financial, an independent RIA in Olympia, Washington. The acquisition adds a team of one advisor and four support professionals managing more than $644 million in client assets. The deal closed on August 15, 2026.

Wealth Enhancement to Acquire Cloud Investments’ Investment Advisory Business

August 2, 2026

Financial Services

Wealth Enhancement has agreed to acquire the investment advisory business of Cloud Investments, an independent registered investment adviser managing more than $462 million in client assets. The deal is expected to close on July 31, 2026 and will mark Wealth Enhancement’s first location in Alabama while expanding its retirement planning and investment advisory presence in northern Alabama.

Wealth Enhancement Acquires XO Wealth Management

March 28, 2025

Financial Services

Wealth Enhancement has acquired XO Wealth Management, an independent RIA based in Dallas, Texas, whose team of three advisors and three support staff manages over $516 million in client assets. The deal expands Wealth Enhancement's footprint in Texas to 11 locations and increases the firm's total client assets to more than $107.5 billion.

Wealth Enhancement Acquires the Capstone Team from Capstone Wealth Advisors, LLC

February 6, 2025

Wealth Management

Wealth Enhancement, a national independent wealth management firm, has welcomed the Capstone Team from Capstone Wealth Advisors, LLC — a team of six advisors and five support staff overseeing approximately $618 million in client assets. The move expands Wealth Enhancement’s presence in the Pacific Northwest and increases its total client assets to more than $102.7 billion.

Wealth Enhancement Acquires Northwest Investment Counselors, LLC

December 31, 2024

Wealth Management

Wealth Enhancement, a national independent wealth management firm with $102.1 billion in client assets, has acquired Northwest Investment Counselors, an independent RIA based in Lake Oswego, Oregon that manages about $673 million in client assets. The transaction, which closed December 31, 2024, expands Wealth Enhancement's presence in the Pacific Northwest and augments its advisory bench and service capabilities.

Wealth Enhancement Group Acquires Oakwood Capital Management

June 30, 2021

Wealth Management

Wealth Enhancement Group (WEG) has acquired Oakwood Capital Management, a Los Angeles-based independent RIA with $1.04 billion in client assets. Oakwood (14 employees, five advisors) will operate as the Oakwood Team at Wealth Enhancement Group, with founder Bruce Mandel serving as Managing Director; the deal closed June 30, 2021 and financial terms were not disclosed.