On December 19, 2023, Wealth Enhancement Group announced that it had acquired Asset Management Resources, LLC.
Under the terms of the transaction, Wealth Enhancement Group (“WEG”) announced that it acquired Asset Management Resources, LLC (“AMR”). Further terms of the deal were not disclosed.
WEG, based in Minneapolis, Minnesota, is a registered investment advisor that provides investment management and financial planning services. As of September 2023, WEG had over $68.3 billion in assets under management.
AMR, based in Hyannis, Massachusetts, is an independent registered investment advisor that provides financial planning, wealth management, and portfolio management for those nearing or in retirement. As of August 2023, AMR had approximately $236 million in assets under management.
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