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.
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