Wealth Enhancement Group Merges with Summit Wealth Advisors

December 16, 2013

On December 11, 2013, Wealth Enhancement Group, a Minneapolis-based independent financial advisory firm, announced its merger with Summit Wealth Advisors, a Chicago-based independent registered investment advisory firm.

On December 11, 2013, Wealth Enhancement Group announced a merger with Summit Wealth Advisors.  Wealth Enhancement Group provides comprehensive financial planning and investment management services for high-net worth individuals and advisory services for employer-sponsored retirement plans, with approximately $3.7 billion in assets under management.  This merger marks the beginning of Wealth Management Group’s anticipated expansion plan, by strategically merging with independent practices nationwide.  Summit Wealth Advisors is an independent registered investment advisory firm with approximately $300 million in assets under management.  The terms of the transaction were not disclosed. 

To read the press release, please click here.


Investment Manager M&A, Transactions