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.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
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