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Deals & Moves: Wealth Enhancement Pens 3 Deals; EP Wealth Expands in Phoenix
Yahoo Finance· 2025-12-19 19:52
Group 1 - Wealth Enhancement has made significant moves by acquiring three firms this week, totaling approximately $1.1 billion in client assets [3][5] - The largest acquisition by Wealth Enhancement is Wealth Advocates, a hybrid RIA based in Logan, Utah, overseeing $476 million in assets [3] - AEGIS Financial, another firm acquired by Wealth Enhancement, has offices in Wisconsin and oversees $468 million in client assets [5][6] Group 2 - The acquisitions are part of a broader trend in 2025, where firms are increasingly making strategic acquisitions following minority investments [2] - Creative Planning is expected to acquire a UK-based RIA with $4.8 billion in AUM, indicating continued interest in RIA deals for 2026 [2] - Wealth Enhancement's strategy includes focusing on growth markets like Wisconsin, where they have seen strong growth since entering in 2018 [7]