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Wealth Enhancement Group Acquires Florida-Based Financial Advisor

The financial terms of the deal were not disclosed.
Minneapolis-based Wealth Enhancement Group, an independent wealth management firm, has acquired CPA Retirement Planning, a Jacksonville, Florida-based independent financial advisory practice.
The acquisition will provide CPA Retirement Planning's clients with access to the resources of Wealth Enhancement Group, the firms said in a statement.
John Linge, managing principal and senior financial advisor of CPA Retirement Planning, will lead the Jacksonville Wealth Enhancement Group office with support of a team of specialists.
CPA Retirement Planning provides holistic financial planning and investment management services to retail and business clients.
The financial terms of the deal were not disclosed.
"This is an acquisition that reflects our continued growth as well as the dynamic value proposition we offer as a highly experienced, succession planning-driven transaction partner,” said Jeff Dekko, chief executive of Wealth Enhancement Group. “Adding CPA Retirement Planning's business to Wealth Enhancement Group provides a servicing platform for clients in Florida and also allows CPA Retirement Planning's clients to benefit from the extended expertise of our roundtable team of specialists."
Wealth Enhancement Group is a greater Minneapolis-based independent wealth management firm with over $7.5 billion in client assets. Wealth Enhancement Group serves more than 10,000 clients in more than 40 states.