Wealth Enhancement is set to acquire the Kaminsky-Silverman Group, a New York based team from Shufro Rose managing more than $554 million in client assets, marking the second time in as many days that the national wealth management firm has pulled a practice away from the historic New York advisory house.
The two advisor team, led by principal and senior financial advisor Tonia L. Kaminsky alongside senior financial advisor Barbara Silverman, also includes two support staff. Once the deal closes, expected in August 2026, Wealth Enhancement's total client assets will climb past $158 billion.
The move follows closely on the heels of Wealth Enhancement's agreement to acquire the Shufro-Glass Group, an 88-year-old, two-advisor practice within Shufro Rose overseeing more than $760 million in assets.
Kaminsky and Silverman bring more than 50 years of combined experience to the tie-up, with a practice built around financial planning, investment management, retirement strategies, and coordinated tax and estate planning. The team has built its reputation serving individuals and families throughout the New York metropolitan area as well as clients spread across the country, with particular focus on guiding women through complex life transitions.
Wealth Enhancement chief executive Jeff Dekko welcomed the addition, pointing to the relationship-driven nature of the practice. "Tonia and Barbara have built a thoughtful practice grounded in personal relationships and trusted advice. Their commitment to serving women through complex life transitions, while also helping individuals and families achieve their financial goals, brings valuable experience to our advisor community. We're excited to welcome them to Wealth Enhancement," he said.
Kaminsky and Silverman said the partnership positions their clients to benefit from a larger platform without losing the personal touch that has defined the practice. "We're excited about the opportunities this partnership creates and the added value it brings to our clients through Wealth Enhancement's depth of experience and capabilities. We look forward to joining a team that shares our commitment to thoughtful, independent advice and exceptional client service," they said.
Jim Cahn, chief strategy officer at Wealth Enhancement, framed the acquisition as part of a broader strategy of targeting specialised teams with strong regional reputations. "This partnership reflects our continued focus on aligning with teams that bring a distinctive and specialized client experience. The Kaminsky-Silverman Group has developed a strong reputation in the New York market and beyond, and we see a meaningful opportunity to support and extend that impact as part of our national platform," Cahn said.
DeVoe & Company advised the Kaminsky-Silverman Group on the transaction.
The firm's CFO and EVP of Wealth Management Solutions are the latest executives to exit the broker-dealer.
Clients are saying they would consider switching advisors if another professional offered estate planning services, according to a new Trust & Will survey.
CEO Laurel Taylor says the fintech's composable AI stack helps workers optimize dollars across Trump Accounts, 529s, 401(k)s, and other employee benefits.
The bank has swiped three private banking veterans from BNY as the city climbs the ranks of America's fastest-growing wealth hubs.
Employee accounts, crypto trials and job cuts frame a pivotal year for the Swiss lender.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
