This partnership marks Wealth Enhancement
Group's fourth location in Massachusetts and brings the firm's total
client assets to more than $85.4
billion.
MINNEAPOLIS, July 9, 2024
/PRNewswire/ -- Wealth Enhancement Group, a national independent
wealth management firm with over $85.4
billion in client assets, has announced the acquisition of
Peak Financial Services, Inc., a hybrid RIA located in Northborough, Massachusetts. Peak Financial
Services oversees more than $123
million in client assets and is led by Founder &
President, Kevin O'Brien, CFP®, AIF
®, CAP ®.
Jeff Dekko, Chief Executive Officer of Wealth Enhancement Group,
said, "We extend a warm welcome to Kevin
O'Brien and the team at Peak Financial Services. Given their
integrated approach to wealth management and their focus on client
relationships built on trust, we are confident Peak Financial
Services will be an excellent partner."
Founded in 1995, Peak Financial Services has provided
comprehensive wealth management services to central Massachusetts and beyond for 29 years. They
believe that if they put the interests of their clients first,
everything else will fall into place. The firm has specific
experience in working with clients who are at or near retirement,
as well as with executives of high-tech and biotechnology
companies.
Kevin O'Brien, Founder &
President at Peak Financial Services, said, "After entertaining
numerous offers from prominent, national RIA firms, we chose Wealth
Enhancement Group as our approaches to client service, investment
disciplines and philosophies, and comprehensive wealth management
are well aligned. We are excited to be able to expand the offerings
available to our clients through Wealth Enhancement Group's robust
central services platform inclusive of dedicated investment
management, trust, estate planning, and tax professionals."
Jim Cahn, Chief Strategy Officer
of Wealth Enhancement Group, said, "We are pleased to announce the
acquisition of Peak Financial Services as we continue to expand our
foothold in the Northeast. We look forward to collaborating on our
shared goal of providing personalized financial advice with an
unmatched level of care."
Peak Financial Services marks Wealth Enhancement Group's fourth
location in Massachusetts.
JPTD Partners served as acquisition consultant for Peak
Financial Services.
About Wealth Enhancement Group
Wealth Enhancement Group is an independent wealth management firm
with an endless passion for enriching the lives of our clients. We
continually seek to perfect our craft of personalized financial
planning with our team-based Roundtable™ and UniFi processes that
go far beyond the standard approach. We proudly provide tailored
financial plans and investment management services to serve the
unique needs of over 61,000 households from our 115 offices -
and growing - nationwide. Since 1997, Wealth Enhancement Group has
tirelessly raised the standard of wealth management with
specialized knowledge and more attentive service that helps every
client craft their future. For more information, please visit
www.wealthenhancement.com.
Advisory services offered through Wealth Enhancement Advisory
Services, LLC (WEAS), a registered investment advisor. Certain
investment advisor representatives of WEAS are also registered
representatives of and offer securities through LPL Financial,
member FINRA/SIPC. Wealth Enhancement Group® and WEAS are separate
entities from LPL.
Wealth Enhancement Group and its Registered Investment
Advisor, Wealth Enhancement Advisory Services, had $85.3 billion in client assets, including
$4 billion of brokerage assets held
at LPL Financial, as of May 31, 2024.
Peak Financial Services, Inc., had approximately $123 million in client assets as of March 31, 2024. With the addition of previously
announced acquisitions and the addition of Peak Financial Services,
Inc. assets under management, Wealth Enhancement Group has more
than $85.4 billion in client,
advisory, trust, and brokerage assets.
Media Contacts
Marianne Gebhardt
Integrated Marketing Communications Manager
mgebhardt@wealthenhancement.com
Prosek Partners, on behalf of Wealth Enhancement Group
pro-weg@prosek.com
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SOURCE Wealth Enhancement Group