Wealth Enhancement Buys 2 Carolina RIAs, Adding More Than $993 Million in Assets
Updated
Updated · Pulse 2.0 · Jul 15
Wealth Enhancement Buys 2 Carolina RIAs, Adding More Than $993 Million in Assets
3 articles · Updated · Pulse 2.0 · Jul 15
Summary
Wealth Enhancement closed its acquisition of WealthShield Partners and affiliated Madison Oaks Wealth Partners on June 30, bringing more than $993 million in client assets into the firm.
The Raleigh-area businesses have joined as the Emerald Team and Madison Oaks Team, adding advisors focused on high-net-worth clients, retirees, business owners, executives and affluent families.
Wealth Enhancement said the deal strengthens its presence in the Carolinas while giving the incoming teams broader planning, investment and client-service resources; Williams Private Wealth Advisory and Consulting advised on the transaction.
After the acquisition, Wealth Enhancement said it has more than $158.2 billion in client advisory, trust and brokerage assets and operates from over 188 offices nationwide.