Financial Advisor
About the job
- A four-year degree is required.
- An advanced designation such as Certified Financial Planner, Certified Public Accountant, or Master of Business Administration is required.
- Series 7 and Series 66 licenses are required for broker-dealer and registered investment adviser activities.
- A Series 65 license is required for registered investment adviser-only activities.
- Insurance licenses are required.
- Substantial experience within the wealth management industry is required.
- Ability to source and convert prospects to clients and provide high-level, planning-oriented service is required.
- Ability to manage multiple projects simultaneously is required.
- Engagement in the company, the broader community, and the financial planning community is required.
- The position requires the ability to stand or sit for long periods, file documents in high or low cabinets, use the telephone, and use computer systems.
- Manage existing client relationships according to the company's planning-based standard of identity.
- Facilitate the financial planning process.
- Discover a prospect's or client's values, goals, and objectives.
- Understand a prospect's or client's current financial situation.
- Engage prospects and clients in the financial planning process.
- Prepare and conduct annual reviews covering planning and investment topics.
- Ensure ongoing client support and communication.
- Proactively follow up with clients who have not implemented a financial plan.
- Close leads provided by various company channels, including Marketing and CRP.
- Create opportunities within the professional network.
- Drive referrals from existing clients.
- Mentor and train team members in technical areas of financial planning and client service.
- Educate team members on the company's planning process.
- Educate team members on broader financial planning matters.
- Participate in company trainings, educational events, and coaching programs.
- Use advisor- and client-facing technology proficiently.
- Adhere to the company's corporate communication strategy and maintain good compliance standing.
- A business, finance, or economics degree is preferred.
About the company
Wealth Enhancement Group provides comprehensive financial guidance and wealth management through a team of specialists across six core areas. It combines advisory services and securities offerings, with revenue coming from advisory fees and commissions on securities transactions. The firm operates as a one-stop shop, so clients don’t need to manage multiple financial relationships. Its Roundtable team approach and the UniFi process organize clients’ finances into a clear, end-to-end plan, helping clients make confident, low-stress financial decisions. Compared with competitors, the company differentiates itself by integrating coordinated, multi-specialist guidance under one roof and using a structured three-step process to keep clients’ financial lives organized. The goal is to simplify clients’ financial lives, provide comprehensive, straightforward guidance, and support confident decision-making that reduces stress and helps clients reach their wealth goals.
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
N/A
Headquarters
Plymouth, Minnesota
Founded
1990
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Simplify's Take
What believers are saying
- September 30, 2026 RWA adds $22.46 billion and lifts assets above $187.1 billion.
- 2026 dealmaking keeps compounding: Trippon, FullCircle, Lake Tahoe, Parros, and Weinand expanded footprints.
- Wealth Enhancement remains a consolidator favorite while Carlyle and Bain bid for control.
What critics are saying
- TA Associates and Onex sale talks distract management and freeze strategic flexibility in 2026.
- Integration risk rises after twelve closes this year, especially with RWA's complex trust operations.
- Marcum Wealth's gender-discrimination verdict and Wealth Enhancement's competitor lawsuit signal persistent legal exposure.
What makes Wealth Enhancement Group unique
- Wealth Enhancement scales through advisor-team rollups, not a single flagship-product bet.
- Reserve by Wealth Enhancement targets $25 million-plus families needing trusts, estates, taxes.
- September 30, 2026 RWA deal expands family office depth with continuity leaders.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Wellness Program
Professional Development Budget
Tuition Reimbursement
Voluntary benefits, including pet insurance
Growth & Insights and Company News
6 month growth
1%1 year growth
0%2 year growth
33%Wealth Enhancement agrees to acquire RWA. Based in Boston, Massachusetts, RWA is directed by chief executive and chief economist Michelle Knight. Wealth Enhancement has agreed to purchase wealth management firm RWA, encompassing both its Family Office and Private Wealth units. Financial terms of the deal were not disclosed. Based in Boston, Massachusetts, RWA is directed by chief executive and chief economist Michelle Knight. Alongside its main base, the organisation maintains five branch locations situated across California, Illinois, Michigan, and Massachusetts. The firm's Family Office arm will be incorporated into Reserve, a Wealth Enhancement division catering to multigenerational families and ultra-high-net-worth individuals with at least $25m in investable capital. Following the completion of the acquisition, the Family Office division will remain under the leadership of Knight, JP Powers, Nicole LaChapelle, and Kristin Fazio. In 2020, Summit Partners invested in Adviser Investments, which later merged with Ropes Wealth Advisors in 2023 and rebranded as RWA Wealth Partners. RWA's Private Wealth arm provides high-net-worth clients with personalised investment portfolios alongside financial, estate, and tax planning. The transaction is scheduled to conclude in the fourth quarter and will mark an exit for Summit Partners. Wealth Enhancement CEO Jeff Dekko said: "One of the core founding principles of Wealth Enhancement was to provide complex financial planning to high-net-worth and ultra-high-net-worth clients. RWA's capabilities will strengthen how we meet those needs. Its established family office capabilities add depth to how we serve ultra-high-net-worth clients with deep specialization in trusts and estates, tax-aware planning, and the seamless coordination required to turn advice into action." Knight said: "Joining forces with Wealth Enhancement gives our teams access to the scale, resources, and breadth of a large national firm while allowing us to continue delivering the highly personalised, authentic advice our clients expect." Give your business an edge with its leading industry insights.
Wealth Enhancement pens largest deal to date with $22B RWA Partners. The women-led RWA Partners will bring private wealth and family office specialties to Wealth Enhancement, which will grow to more than $187 billion in client assets. Alex Ortolani, Senior Reporter, Wealth Management September 30, 2026 RWA Wealth Partners CEO and Chief Economist Michelle Knight (left) and Wealth Enhancement CEO Jeff Dekko Want a quick summary? Wealth Enhancement, an acquisitive Minneapolis-based registered investment advisor, is set to make its largest acquisition to date by agreeing to acquire RWA Wealth Partners, a Boston-based, women-led RIA with more than $22 billion in client assets. If the deal closes as expected in the fourth quarter, Wealth Enhancement will have more than $187.1 billion in client advisory, trust and brokerage assets. RWA Wealth Partners is led by CEO and Chief Economist Michelle Knight and is headquartered in Boston, with five additional offices across Massachusetts, California, Illinois and Michigan. The firm focuses on family office and private wealth services, including trust, estate, tax and family governance. Private equity firm Summit Partners, which owns RWA Partners, will exit its position through the transaction. Wealth Management had reported in late 2025 that the Boston-based PE firm was seeking to sell its stake. After closing, Knight and her other senior leaders, J.P. Powers, Nicole LaChapelle and Kristin Fazio, will continue to work with clients as part of Wealth Enhancement Reserve, the RIA's division for families with "complex, multigenerational wealth" that have at least $25 million in investable assets. RWA's advisors working with individuals will fold into Wealth Enhancement's advisor teams model, with RWA President Steve Reder overseeing those teams. Wealth Enhancement CEO Jeff Dekko said in a statement that the move is being made in part to expand the firm's services for high-net-worth and ultra-high-net-worth clients. "Its established family office capabilities add depth to how we serve ultra-high-net-worth clients with deep specialization in trusts and estates, tax-aware planning, and the seamless coordination required to turn advice into action," he said. Summit took a controlling stake in Newtown, Mass.-based Adviser Investments in late 2020. Adviser Investments acquired similarly sized Ropes Wealth Advisors in 2023 and later rebranded the combined entity as RWA Wealth Partners. Knight had been the president and chief economist of Ropes Wealth Advisors before taking the CEO role of the rebranded firm. "Joining forces with Wealth Enhancement gives our teams access to the scale, resources and breadth of a large national firm while allowing us to continue delivering the highly personalized, authentic advice our clients expect," Knight said in a statement. Wealth Enhancement has been one of the most active RIA acquirers in 2026, adding two RIAs earlier this week with combined assets of about $721 million. Sources familiar with discussions have also recently said that the firm's majority owners, TA Associates and Onex Corporation, are shopping their stakes among bidders Bain Capital and The Carlyle Group. Wealth Enhancement and the potential buyers have declined to comment. Last week, consultancy and investment bank DeVoe & Company cautioned at its annual deal summit that a record M&A pace for the RIA sector may be stalling. Firm analysts said that, as of Sept. 22, there were 72 RIA transactions during the quarter, down 19% from the same period in 2025, and attributed the decline to macroeconomic and geopolitical uncertainty, as well as the market volatility that followed. Senior Reporter, Wealth Management Alex Ortolani is a New York-based senior reporter with Wealth Management with a focus on deals, moves and trends in the registered investment advisor space. In addition to financial and business reporting, he has worked in media relations and corporate communications for tech firms and Fortune 500 companies.
Wealth Enhancement acquires two teams from Shufro Rose with $1.3B in assets (2026). Table of Contents The world of wealth management is a dynamic arena, and the recent announcement from Wealth Enhancement is a testament to its ever-evolving nature. This week, Wealth Enhancement, a Minneapolis-based investment advisor aggregator, made headlines by poaching two prominent advisor teams from the esteemed Shufro Rose, a New York-based wealth manager. The total assets under management (AUM) for these newly acquired teams amount to a substantial $1.3 billion, a significant addition to Wealth Enhancement's portfolio. This strategic move not only highlights the competitive landscape in the industry but also underscores the importance of talent and asset acquisition in the wealth management sector. A legacy in transition. The Shufro-Glass Group, led by Gregory Shufro and Steven Glass, is a prominent player in the industry, managing over $760 million in client assets. With a rich history dating back to 1938, when Salwyn Shufro founded the firm, the Shufro family's legacy is deeply intertwined with the firm's success. Gregory Shufro's journey began in 2003, and his partnership in 2008 further solidified the family's commitment to the firm's growth. The transition of these advisors to Wealth Enhancement marks a significant shift, as they will gain equity in the larger firm and adopt the Wealth Enhancement brand. This move is a strategic decision, as it provides access to the national scale and infrastructure that Wealth Enhancement offers while maintaining the relationship-driven approach that clients value. The Kaminsky-Silverman Group, another notable team, managed over $554 million in client assets. Tonia Kaminsky and Barbara Silverman, the principal and senior financial advisors, respectively, will also join Wealth Enhancement, bringing their expertise and client base. The transition of these advisors is a testament to the competitive nature of the industry, where talent and assets are highly sought-after. The impact of acquisitions. The implications of these acquisitions are far-reaching. Wealth Enhancement, with its majority ownership by private equity firms TA Associates and Onex Corporation, is poised to become a major player in the industry. The total AUM of $158 billion, once the deals are complete, solidifies Wealth Enhancement's position as a significant force in wealth management. The strategic acquisitions not only enhance the firm's asset base but also contribute to its growth and expansion, particularly in the context of a potential advisor shortage, as mentioned by Wealth Management CEO Jeff Dekko. A complex web of relationships. The advisor-aggregator relationship is a complex one, with various players involved in the transition. Nesvold Capital Partners advised the Shufro-Glass Group, while DeVoe & Company guided the Kaminsky-Silverman Group. The remaining advisors at Shufro Rose, such as the Contant-Leit Group and the Wacht Group, have not yet responded to inquiries about potential changes. This dynamic landscape highlights the intricate web of relationships and the constant flux in the wealth management industry. In conclusion, the Wealth Enhancement-Shufro Rose saga is a fascinating development in the wealth management sector. It underscores the importance of talent acquisition, the impact of acquisitions on the industry's landscape, and the complex relationships that shape the advisor-aggregator dynamic. As the industry continues to evolve, these strategic moves will undoubtedly shape the future of wealth management, influencing the way advisors and clients interact and the services they receive. References. Top Articles Article information Last Updated: 2026-09-07T22:50:44+07:00 Views: 6183 Rating: 4.7 / 5 (47 voted) Name: Tish Haag Birthday: 1999-11-18 Address: 30256 Tara Expressway, Kutchburgh, VT 92892-0078 Phone: +4215847628708 Job: Internal Consulting Engineer Hobby: Roller skating, Roller skating, Kayaking, Flying, Graffiti, Ghost hunting, scrapbook Introduction: My name is Tish Haag, I am a excited, delightful, curious, beautiful, agreeable, enchanting, fancy person who loves writing and wants to share my knowledge and understanding with you.
Wealth Enhancement acquires Arbor Capital Management's advisory business. Wealth Enhancement, a national independent wealth management firm, acquired the investment advisory business of Arbor Capital Management, an independent RIA with offices in Anchorage and Fairbanks, Alaska. The transaction adds four advisors and two support professionals led by Matthew Kolesky, president and investment advisor representative, and Ty Schommer, principal and investment advisor representative. The acquisition establishes Wealth Enhancement's first location in Alaska, its 41st state, and brings the firm's total client assets to more than $161.7 billion. Founded in 1996, Arbor Capital Management provides fiduciary wealth management and comprehensive financial planning to individuals, families, business owners, retirement plans and institutional clients nationwide. Its services include customized investment management, retirement and tax planning, trust and estate planning, equity compensation and multigenerational planning. Arbor had approximately $345 million in client assets as of Aug. 11. Gemspring's Airswift Buys Selected New Tech Global businesses New Tech Global serves customers across the upstream energy sector, providing specialized expertise and personnel supporting drilling, completions, field operations and other operational activities. To read the entire story, you must be logged in. Darcy Partners Purchases Kimberlite Oilfield Research Kimberlite Oilfield Research is a provider of proprietary voice-of-customer research to the global oil and gas industry. To read the entire story, you must be logged in. BlackArch Partners Adds Michael Mazhari as Director in Life Science & Healthcare Group Mazhari joins BlackArch from Houlihan Lokey, where he worked as a healthcare banker. To read the entire story, you must be logged in. Hillman Solutions Completes $315M Acquisition of Kanebridge Kanebridge is a distributor of industrial fasteners. To read the entire story, you must be logged in.
/PRNewswire/ -- Wealth Enhancement, a national independent wealth management firm dedicated to enriching clients' lives, announced it has acquired the...