Wealth Enhancement expands with addition of Ascent Private Wealth

Wealth Enhancement has expanded its web by joining forces with Ascent Private Wealth, a hybrid RIA headquartered successful Spartanburg, South Carolina.

Ascent manages implicit $240m successful lawsuit assets. The concern has a squad of 2 advisers and 1 enactment staff.

Its summation has accrued Minneapolis-based Wealth Enhancement’s full lawsuit advisory, spot and brokerage assets to much than $132.7bn.

The concern marks the 4th South Carolina tract for Wealth Enhancement.

Wealth Enhancement CEO Jeff Dekko said: “Our concern with Ascent Private Wealth reflects our continued committedness to partnering with firms that stock our values and client-first mindset. We're excited astir the extent of cognition the Ascent Private Wealth squad brings, peculiarly successful serving concern owners and navigating the complexities of generational wealth.”

Ascent, led by Steve Ford, was established successful 2002 to present fiscal readying and concern services, mostly to concern owners and entrepreneurs.

Ford said: “After months of thoughtful consideration, we determined that Wealth Enhancement was the close strategical spouse for our firm. Not lone are they an fantabulous taste fit, but they besides bring the scale, resources, and forward-thinking attack needed to elevate our services to the adjacent level.”

Williams Private Wealth Advisory and Consulting was the advisor to Ascent for the transaction.

Earlier this month, Wealth Enhancement announced the acquisition of autarkic RIA AEGIS Financial, operating successful Oshkosh, Milwaukee, and Appleton successful the US authorities of Wisconsin.

The acquisition added implicit $468m successful lawsuit assets to Wealth Enhancement.

Recently, the institution besides acquired Spectrum Wealth Management, an RIA based successful Irvine, California, on with its affiliated certified nationalist accounting steadfast Putman Group.

The woody added implicit $182m successful lawsuit assets to the group, portion bringing successful a squad comprising an adviser, 14 fiscal professionals, and 5 enactment staff.

"Wealth Enhancement expands with summation of Ascent Private Wealth" was primitively created and published by Private Banker International, a GlobalData owned brand.

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