Edelman Financial Engines Acquires Erman Retirement Advisory

Edelman Financial Engines Acquires Align Wealth Management

October 3, 2023

Financial Services

Edelman Financial Engines has acquired Align Wealth Management, a Registered Investment Advisor headquartered in Oklahoma City that manages approximately $425 million for nearly 360 clients. The deal expands Edelman Financial Engines' advisor network and planner capacity in the Oklahoma and Florida markets while giving Align's team access to broader back-office support and national capabilities.

Edelman Financial Engines Acquires Herrmann & Cooke Wealth Management

October 5, 2022

Financial Services

Edelman Financial Engines has acquired Herrmann & Cooke Wealth Management, a fiduciary Registered Investment Advisor based in Danville, California that manages approximately $490 million for ~600 clients. The acquisition expands Edelman Financial Engines' wealth planning and advisor network in Northern California and adds capacity to support growing client demand in the region.

Edelman Financial Engines Acquires Smart Investor

August 1, 2022

Financial Services

Edelman Financial Engines (EFE) has acquired Smart Investor, a fiduciary Registered Investment Advisor headquartered in Roseville, California. The deal closed Aug. 1, 2022 and brings Smart Investor’s ~$680 million in assets under management and advisor team into EFE, expanding EFE’s presence in Northern California and bolstering its small retirement-plan capabilities for small businesses.

Edelman Financial Engines Acquires Cahill Wealth Management

May 5, 2025

Financial Services

Edelman Financial Engines (EFE) has acquired Cahill Wealth Management, a Kalamazoo, Michigan-based registered investment advisor managing approximately $426 million for 125 clients. The deal expands EFE’s Midwest presence and deepens its capabilities serving executives in the pharmaceutical and life sciences industries; Cahill will be fully integrated under the EFE brand.

Edelman Financial Engines Acquires New England Pension Plan Systems

December 14, 2023

Financial Services

Edelman Financial Engines (EFE) has acquired New England Pension Plan Systems (NEPPS) and its affiliate New England Investment Consultants (NEIC), a Providence, Rhode Island–based retirement-plan consulting and RIA business that manages roughly $1.5 billion for more than 500 clients. The deal expands EFE's retirement-plan consulting capabilities and strengthens its presence in the Northeastern U.S., particularly among small and medium-size employer clients.

Edelman Financial Engines Acquires Hasenberg Financial Group

October 6, 2025

Financial Services

Edelman Financial Engines (EFE) has acquired Hasenberg Financial Group, a wealth advisory firm based in Eau Claire, Wisconsin led by founder Chris Hasenberg. The deal brings Hasenberg's ~$300 million in client assets and 750+ clients onto EFE's platform as part of EFE's regional growth and selective M&A program.