Wealth Enhancement Group Acquires Oakwood Capital Management
June 30, 2021
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.
- Buyers
- Wealth Enhancement Group
- Targets
- Oakwood Capital Management
- Industry
- Wealth Management
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Wealth Enhancement Acquires WealthShield Partners and Madison Oaks Wealth Partners
July 14, 2026
Financial Services
Wealth Enhancement, a national independent wealth management firm, acquired the investment advisory business of Raleigh-area WealthShield Partners and its affiliated wealth management practice, Madison Oaks Wealth Partners. The two firms managed more than $993 million in client assets and joined Wealth Enhancement as the Emerald Team and Madison Oaks Team, respectively.
-
Wealth Enhancement Group Acquires Levy Wealth Management Group, LLC
September 5, 2024
Financial Services
Wealth Enhancement Group, a national independent wealth management firm, has acquired Levy Wealth Management Group, LLC, a Philadelphia-based hybrid RIA that oversees more than $1.3 billion in client assets. The Levy team will operate as the Levy‑Clatterbuck‑Robostello Team at Wealth Enhancement Group, expanding WEG's presence in Pennsylvania and increasing its total client assets to over $90.5 billion.
-
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 BTR Capital Management, Inc.
November 17, 2022
Wealth Management
Wealth Enhancement Group, a national independent wealth management firm, has acquired BTR Capital Management, Inc., an Oakland-based independent RIA that manages more than $1 billion in client assets. The acquisition expands Wealth Enhancement Group’s presence in Northern California (bringing WEG to nine offices in the region) and adds BTR’s team of nine advisors and five support staff to WEG’s platform.
-
Wealth Enhancement Group Acquires Scroggins Wealth Management
October 5, 2022
Wealth Management
Wealth Enhancement Group has acquired Scroggins Wealth Management, an independent RIA that oversees more than $370 million in client assets and operates offices in New Lenox, Illinois, Naples, Florida and Fort Myers, Florida. The deal marks Wealth Enhancement Group's 11th acquisition in 2022 and expands its national footprint and client assets to more than $57.7 billion.
-
Onex Partners V Makes Equity Investment in Wealth Enhancement Group
October 1, 2021
Financial Services
Onex Partners V, together with certain co-investors including Onex Corporation, completed an equity investment in Wealth Enhancement Group (WEG), joining existing investor TA Associates as equal capital partners. The transaction (Onex's share ~US$250 million) will support WEG's next stage of organic growth and M&A expansion while the firm remains privately held under its existing management team.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.