On June 13, 2018, Wealth Enhancement Group announced its acquisition of Cimino Wealth Advisors.
Wealth Enhancement Group (“WEG”) added approximately $494.5 million in assets previously managed by Cimino Wealth Advisors (“Cimino”). Vince Cimino, President and founder of Cimino will lead the WEG Wisconsin office as a Senior Vice President of WEG. The financial terms of the transaction were not disclosed.
Cimino is a Wisconsin-based wealth management firm that specializes in advising clients on wealth accumulation and preservation strategies prior to and during retirement.
WEG is a Minneapolis-based independent wealth management firm. WEG has approximately $8.4 billion in total client assets as of April 30, 2018.
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