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.
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The SEC-registered RIA advises on more than $1 billion in client assets, with no advisory fee through 2027 and no human financial advisors.
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