On October 13, 2023, Wealth Enhancement Group announced the acquisition of KCS Wealth Advisory.
Under the terms of the agreement, Wealth Enhancement Group (“WEG”) has acquired all the assets of KCS Wealth Advisory (“KCS”). Financial terms of the deal were not disclosed.
WEG, based in Plymouth, Minnesota, is a registered investment advisor offering financial services to individuals and families. WEG has approximately $70.5 billion in assets under management.
KCS, based in Los Angeles, is a registered investment advisor that focuses on wealth management, tax advisory services and trusts for individuals and families. KCS manages approximately $373 million in client assets. Advisor Growth Strategies advised KCS on the transaction.
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