On September 27, 2024, WealthPlan Partners, LLC announced that it acquired EFS Wealth Management Group, Klauke Investments & Insurance Services, and Rich Holle WealthPlan Partners.
WealthPlan Partners, LLC (“WealthPlan”) announced, on September 27, 2024, that it acquired EFS Wealth Management Group (“EFS”), Klauke Investments & Insurance Services (“Klauke”), and Rich Holle WealthPlan Partners (“Rich Holle”). EFS founder Marc Geels, will lead the development of the ultra-high-net-worth division at WealthPlan. Further terms of the deals were not disclosed.
WealthPlan, based in Omaha, Nebraska, is a registered investment advisor that provides wealth management, financial planning, family office support, retirement planning, estate and tax strategies, and insurance solutions services. WealthPlan had $3.1 billion in assets under management.
EFS, based in Sioux City, Iowa and Sioux Falls, South Dakota, is a wealth management firm that provides retirement planning, tax advisory, estate planning, financial planning, and investment management services. EFS had $360 million in assets under management.
Klauke, based in Onalaska, Wisconsin, is a wealth management firm that provides investment management, retirement income planning, and financial planning services to individuals and small business owners. Klauke had $275 million in assets under management.
Rich Holle, based in Tampa, Florida and Bayonne, New Jersey, is a wealth management firm that provides financial planning services to high-net-worth families and business owners. Rich Holle had $175 million in assets under management.
To read the press release: please click here.