Wealth Enhancement Group Continues to Deepen its Presence on the West Coast, Rising Northern California to 9 Places of work
MINNEAPOLIS, Nov. 17, 2022 /PRNewswire/ — Wealth Enhancement Group, a nationwide impartial wealth administration agency with over $55.2 billion in complete shopper property, right now introduced the acquisition of BTR Capital Administration, Inc. (BTR), an impartial RIA positioned in Oakland, California. BTR’s staff of 9 advisors and 5 assist employees, led by President and CEO John Stratton, oversee greater than $1 billion in shopper property. This partnership furthers Wealth Enhancement Group’s progress in key markets, similar to Northern California.
“I’m happy to welcome the staff at BTR Capital Administration, Inc. to Wealth Enhancement Group. Over the previous 30 years, they’ve labored arduous to construct robust relationships with their purchasers,” mentioned Jeff Dekko, Chief Govt Officer of Wealth Enhancement Group. “BTR locations a excessive emphasis on the standard of communication with its purchasers by looking for open, sincere, and clear interactions each step of the way in which, which is aligned with our agency’s philosophy.”
Based in 1989 by Lewis H. Katcher and Stephen P. Yeatman, BTR is a complete wealth and funding administration agency that serves high-net-worth people and households, foundations, and retirement plans.
Mr. Stratton mentioned, “BTR Capital Administration gives its purchasers with unbiased planning and funding administration, coupled with excellent shopper service. As we thought of the appropriate companion to assist us proceed to serve our purchasers in the easiest method, Wealth Enhancement Group was clearly the appropriate agency for our purchasers and staff. We’re extraordinarily happy to be a part of one of many fastest-growing RIAs within the nation.”
Wealth Enhancement Group continues to make use of transactions to increase its nationwide footprint with the final word aim of accelerating natural progress by institutionalized shopper acquisition and driving effectivity by revolutionary makes use of of expertise.
“BTR’s trusted advisors assist their purchasers develop plans for retirement and navigate key monetary choices,” mentioned Jim Cahn, Wealth Enhancement Group’s Chief Investments & Enterprise Growth Officer. “We’re thrilled to hitch forces with BTR and provides them entry to Wealth Enhancement Group’s highly effective assets, capabilities and strong progress applications.”
Park Sutton Advisors served as the only monetary advisor to BTR Capital Administration, Inc. for the transaction.
About Wealth Enhancement Group
Wealth Enhancement Group is an impartial wealth administration agency providing complete and customised monetary planning and funding administration companies. Now serving greater than 45,500 households, the corporate has over 75 workplaces nationwide and is increasing quickly by natural progress and acquisitions. Based in 1997, Wealth Enhancement Group focuses on offering retail purchasers with the team-based information and assets they should simplify their monetary life. For extra data, please go to www.wealthenhancement.com.
Advisory companies supplied by Wealth Enhancement Advisory Companies, LLC (WEAS), a registered funding advisor. Sure, however not all, funding advisor representatives (IARs) of WEAS are additionally registered representatives of and supply securities by LPL Monetary, Member FINRA/SIPC. Wealth Enhancement Group and Wealth Enhancement Advisory Companies are separate entities from LPL Monetary. Wealth Enhancement Group is a registered trademark of Wealth Enhancement Group, LLC.
Wealth Enhancement Group and its Registered Funding Advisor, Wealth Enhancement Advisory Companies, had $51.9 billion in shopper property, together with $4 billion of brokerage property held at LPL Monetary, as of September 30, 2022. BTR Capital Administration, Inc. had over $1 billion in shopper property as of August 31, 2022. With the addition of beforehand introduced acquisitions and the acquisition of BTR Capital Wealth Administration, Inc, Wealth Enhancement Group has greater than $55.2 billion in shopper, advisory, belief and brokerage property.
Media Contacts
Maggie Habashy
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952-457-4571
Prosek Companions, on behalf of Wealth Enhancement Group
[email protected]
SOURCE Wealth Enhancement Group