Wealth Management Acquisitions in Minnesota

OnePoint BFG Wealth Partners has acquired Minneapolis-based Voyage Wealth Architects, a wealth management firm overseeing $700 million in AUM. The deal, supported by strategic capital partner Rise Growth Partners, expands OnePoint BFG's planning-led platform, broadens its Midwest presence and will transition Voyage to the OnePoint BFG brand over time.

Carson Group has fully acquired its Carson Wealth practice in Minneapolis, buying the remaining ownership stake in the office led by Jeremy Willner. The deal (financial terms undisclosed) brings approximately $395 million in advisory and brokerage assets under Carson’s full ownership and is intended to support continuity, succession planning and accelerated growth in the Twin Cities market.

Savant Wealth Management has acquired PrairieView Partners, a St. Paul, Minnesota-based registered investment adviser managing more than $1.2 billion in AUM. The deal, which closed August 31, 2025, brings PrairieView's leadership into Savant as member-owners and transitions 15 of PrairieView's 19 employees into Savant's wealth management division (four to Savant Tax & Consulting); financial terms were not disclosed.

Winged Keel Group has acquired Minneapolis-based MBW Group and opened a new Minneapolis office led by former MBW principals Jeffery W. Bird and David A. Wischmeier. The deal expands Winged Keel's national high-end life insurance platform and strengthens its capabilities serving ultra-high-net-worth families and business owners in the Midwest.

MAG Wealth Management has acquired Ovation Wealth Advisors and rebranded the business as a Carson Wealth location as part of a strategic partnership with Carson Group, which is taking a 30% equity stake. The newly formed Carson Wealth team — led by Jeremy and Hayden Willner — will oversee approximately $350 million in AUM across locations in Paynesville, Little Falls and Minneapolis, Minnesota, and addresses succession planning while expanding MAG's Midwest presence.

Mercer Global Advisors (Mercer Advisors) has acquired Waypoint Capital Advisors, a Minneapolis-based investment advisory and financial planning firm that manages nearly $1 billion in client assets for ultra-high-net-worth families. The deal brings Waypoint's 12 professionals into Mercer and is intended to deepen Mercer’s multi-family office and UHNW capabilities while expanding its Minneapolis footprint.

Beacon Pointe Advisors has acquired Landmark Wealth Management Group, a Lake Elmo, Minnesota-based RIA that oversees approximately $1 billion in client assets. The deal (closed October 15, 2024) gives Beacon Pointe its first formal office presence in Minnesota and expands its national footprint and advisory team.

Carson Group has acquired Sweet Financial Partners, a $1 billion AUA wealth advisory firm based in Fairmont, Minnesota. The 12-person team will continue to operate under the Sweet Financial Partners name while leveraging Carson's national resources to strengthen Carson's presence in the Midwest.

AlTi Global, Inc. (AlTi) completed the previously announced acquisition of Envoi, LLC, a Minneapolis-based multi-family office with approximately $3.0 billion in AUM. The deal expands AlTi's U.S. footprint and adds multi-generational family wealth advisory capabilities to its global wealth and alternatives platform.

Dakota Wealth Management has agreed to acquire Ledge Wealth Management, Inc., a registered investment advisor based in Sartell, Minnesota that manages roughly $400 million of client assets and advises on an additional $200 million through its 401(k) advisory business. The deal expands Dakota Wealth's AUM to about $4.9 billion and brings Ledge founder Kurt Durrwachter, COO Gina K. Bartell and six associates into Dakota's team.

Mercer Global Advisors, Inc. (Mercer Advisors) has acquired Fure Financial Corporation, a Bloomington, Minnesota-based Registered Investment Adviser that manages approximately $260 million in AUM for about 300 clients. The Fure Financial team will join Mercer Advisors as the firm expands its Central U.S. / Twin Cities presence and gains back-office scale and additional service capabilities for clients.

Simplicity Group acquired Minneapolis-based Sawtooth Solutions, a provider of unified managed account (UMA) technology and outsourced investment management services, and will integrate Sawtooth under the Simplicity brand. The acquisition expands Simplicity's wealth advisory capabilities and distribution reach by making Sawtooth's UMA platform available across Simplicity's national network of advisors, broker-dealers and banks.