On July 9, 2024, Wealth Enhancement Group announced its acquisition of Peak Financial Services.
Wealth Enhancement Group (“WEG”) announced on July 9, 2024, that it acquired Peak Financial Services (“Peak”). Further terms of the transaction were not disclosed.
WEG, based in Plymouth, Minnesota, is a national independent wealth management firm. As of May 2024, WEG had approximately $85.3 billion in assets under management.
Peak, based in Northborough, Massachusetts, is a hybrid RIA and wealth management firm providing retirement planning, high-technology, and biotechnology services. As of March 2024, Peak had approximately $123 million in client assets. JPTD Partners served as Peak’s acquisition consultant on the transaction.
To read the press release: please click here.