WEG Acquires Lynch


May 13, 2024

On April 25, 2024, Wealth Enhancement Group announced that it had acquired Lynch Retirement Investment Group.

Wealth Enhancement Group (“WEG”) acquired Lynch Retirement Investment Group (“Lynch”). John Lynch, Managing Director of Lynch, will become a senior advisor at WEG. Further terms of the transaction were not disclosed.

WEG, based in Minneapolis, Minnesota, is a registered investment advisor and independent wealth management firm that offers financial planning and investment management services. As of March 2024, WEG had $81.9 billion in assets under management.

Lynch, based in Columbia, Maryland, is a hybrid registered investment advisor specializing in advising clients on planning for and managing their retirements distributions. As of March 2024, Lynch had $502 million in assets under management. Park Sutton Advisors served as the exclusive financial advisor to Lynch on the transaction.

To read the press release: please click here.

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.