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Wealth Enhancement Group Deepens Northeast Footprint

Wealth Enhancement Group is to acquire a financial advisory firm in Connecticut as it extends its reach across the US.
Greater Minneapolis, MN-based Wealth Enhancement Group is to acquire HHG & Company, a wealth management firm in Darien, CT.
The acquisition is another step toward Wealth Enhancement Group’s long-term plan of creating a national wealth management and financial planning brand, the firm said.
All of HHG’s staff members will stay at the firm, which will continue to be led by George Stapleton, who has been named regional president.
Wealth Enhancement Group and its RIA Wealth Enhancement Advisory Services have nearly $4.5 billion in client brokerage and advisory assets while HHG has over $1 billion in AuM.
Financial terms of the transaction were not disclosed. The deal is expected to close in the second quarter of 2016.
Wealth Enhancement Group was founded in 1997 and now serves around 10,000 households across 40 states.