Wealth Enhancement Buys $2.2B Hybrid RIA L.M. Kohn

Core Insights - Wealth Enhancement, a Minneapolis-based registered investment advisor, has acquired L.M. Kohn & Company, expanding its assets under management to over $133.2 billion [1][3] - L.M. Kohn & Company, founded in 1990, specializes in financial planning and small business benefits consulting, and has over $2.2 billion in assets [2] Company Overview - Wealth Enhancement has more than $131 billion in client assets and is focused on growth through acquisitions [1] - L.M. Kohn operates from its Cincinnati headquarters and has five additional locations across Georgia, Iowa, and Michigan [2] Transaction Details - The acquisition deal closed on December 6, with Echelon Partners advising L.M. Kohn [3] - This acquisition follows Wealth Enhancement's recent purchase of FPG Private Wealth, which had over $532 million in client assets [3] Leadership and Legacy - Larry Kohn, the founder and CEO of L.M. Kohn, has established a strong legacy in wealth management over three decades [2] - Wealth Enhancement's CEO, Jeff Dekko, acknowledged Kohn's exceptional service and comprehensive wealth management [2]