Wealth Enhancement Group, a Minneapolis-based hybrid advisory firm overseeing $56 billion in assets, announced that it has acquired Pinnacle Private Wealth, a hybrid overseeing more than $663 million in assets.
Pinnacle is based in Burlington, Massachusetts. The team of eight advisers and two staffers is led by Myles Dudley and Daniel Cotton.
Pinnacle, founded in 2009, serves high-net-worth individuals and business owners.
Other recent Wealth Enhancement Group deals include its purchase of Titus Wealth Management, a hybrid RIA overseeing $776 million, in July; a deal for Hawkins Wealth Management, an RIA managing $574 million based in North Liberty, Iowa, and Naples, Florida, in June; and the purchase of Kings Point Capital Management, a $1.7 billion advisory firm based in Great Neck, New York, also in June.
Trevor Uhls was charged with wire fraud and money laundering in a criminal complaint filed in U.S. District Court for the Western District of Missouri.
The multigenerational Cedar Rapids firm is joining through a key OSJ as recruiting competition heats up across the wealth space.
New Treasury guidance sets fee caps, defines index-tracking rules, and bars ESG-linked funds from the tax-deferred accounts for minors
Yari Capital's move to Carson continues a run of additions for the $62 billion firm, days after it hired a veteran recruiter from Osaic.
Servo Wealth Management's $210 million book brings the Minneapolis consolidator's total client assets further past $160 billion.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
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
