Financial Services Acquisitions in North Dakota

Wealth Enhancement has acquired the Wealth Services Division of First International Bank & Trust (headquartered in Watford City, North Dakota). The team, which oversees more than $581 million in client assets, will transition to affiliate Wealth Enhancement Trust Services, expanding Wealth Enhancement's trust capabilities and marking the firm's first location in North Dakota.

Simplicity Group has acquired Sunderland Group, a long-standing wholesale life and annuity distribution business, with the deal effective March 31, 2021. Brad and Derek Sunderland join Simplicity as partners and shareholders as part of the add-on acquisition to expand Simplicity’s national distribution platform.