WEG Acquires The Retirement Group


May 20, 2024

On May 7, 2024, Wealth Enhancement Group announced that it acquired The Retirement Group. 

Wealth Enhancement Group (“WEG”) acquired The Retirement Group, LLC (“The Retirement Group”). Further terms of the transaction were not disclosed. 

WEG, based in 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 $81.4 billion in assets under management. 

The Retirement Group, based in San Diego, California, is a hybrid registered investment advisor specializing in retirement planning, succession strategies, and estate planning services. As of January 2024, The Retirement Group had approximately $809 million in assets under management. Park Sutton Advisors served as the exclusive financial advisor to The Retirement Group 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.