WEG to Acquire MACRO Consulting

INVESTMENT MANAGEMENT DEALS BLOG

June 23, 2021

On June 10, 2021, Wealth Enhancement Group, LLC announced that it will acquire MACRO Consulting Group, LLC.

Under the terms of the transaction, Wealth Enhancement Group, LLC (“WEG”) will acquire MACRO Consulting Group, LLC (“MACRO”). MACRO’s twenty-four-person team, including five financial advisors, will join WEG. Upon closing, WEG’s total client assets are expected to exceed $35.5 billion. The transaction is expected to close on July 1, 2021. Further terms of the deal were not disclosed.

WEG, based in Minneapolis, is an independent wealth management firm offering comprehensive and customized financial planning and investment management services. As of April 30, 2021, WEG manages $31.58 billion in client brokerage and advisory assets.

MACRO, based in New Jersey, is an independent hybrid registered investment advisor that specializes in financial planning, investment planning, and estate planning. MACRO has over $900 million in total client assets.

To read the press release: please click here.