Wealth Enhancement Group, a Minneapolis-based hybrid, has acquired Integra Capital Advisors, a registered investment advisory firm based in Bradenton, Florida, managing $287 million.
Integra was founded in 1992 by Tom Breiter and has six team members in addition to Breiter.
The transaction, the terms of which were not disclosed, is scheduled to close at the end of March. The deal brings Wealth Enhancement Group's assets to more than $54.7 billion.
Quarterly analysis of retirement accounts highlights positive behavior.
Insiders say the Wall Street giant is looking to let clients count certain crypto holdings as collateral or, in some cases, assets in their overall net worth.
The two wealth tech firms are bolstering their leadership as they take differing paths towards growth and improved advisor services.
“We think this happened because of Anderson’s age and that he was possibly leaving,” said the advisor’s attorney.
The newly appointed leader will be responsible for overseeing fiduciary governance, regulatory compliance, and risk management at Cetera's trust services company.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
