Wealth Enhancement Group has expanded its portfolio by integrating Lynch Retirement Investment Group, a hybrid RIA based in Columbia, Maryland.
With its latest acquisition, the national wealth management firm welcomes a team of three financial advisors and three support staff members. It’s also adding approximately $502 million in client assets, thickening its book to $81.9 billion.
"We are proud to welcome John Lynch and the Lynch Retirement Investment Group team to Wealth Enhancement Group,” Jeff Dekko, CEO of Wealth Enhancement Group, said in a statement. “Their commitment to integrity, innovation, and providing comprehensive financial services makes them a natural fit for our firm.”
Since its establishment in 1990, Lynch Retirement Investment Group has been recognized for its wide array of financial services including financial planning, asset management, and estate planning. The team, boasting over 50 years of combined experience, has established a reputable profile for its dedication to personalized client service.
John Lynch, senior advisor at Lynch Retirement Investment Group, expressed optimism about the new opportunities arising from this partnership.
"By partnering with Wealth Enhancement Group, our team will gain access to more resources and services to better serve our clients. Together we are stronger," said Lynch, a four-decade veteran of the industry, who’s joining the firm from Raymond James.
Jim Cahn, chief strategy officer at Wealth Enhancement Group, also welcomed the merger.
"We are thrilled to welcome the Lynch team to our firm, and our combined strengths will foster an even more robust and comprehensive financial planning environment," said Jim Cahn, who was appointed to the strategy chief position along with other leadership moves at the firm earlier this month.
The merger marks the fourth expansion of Wealth Enhancement Group into Maryland, indicating a strategic enhancement of their presence in the region and an ongoing commitment to growth and client service excellence.
Consolidation continues in US wealth management industry.
Tech company democratizes access to US trading infrastructure.
RBC Wealth Management's latest move in New York adds an elite eight-member team to its recently opened Westchester office.
Stifel – so far - is on the hook for more than $166 million in damages, legal fees and settlements in investor complaints involving Roberts, a 35-year industry veteran.
The giant alt investments platform's latest financing led by T. Rowe Price and SurgoCap Partners, along with State Street, UBS, and BNY, will fuel additional growth on multiple fronts.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
