Wealth Enhancement Group acquires $923 million RIA

Wealth Enhancement Group acquires $923 million RIA
10-15 Associates adds three offices to the firm's footprint in metro New York
OCT 08, 2020

Wealth Enhancement Group, a Minneapolis, Minnesota-based hybrid firm that oversees $20.3 billion, has acquired 10-15 Associates, an independent registered investment adviser managing $923 million and headquartered in Goshen, New York.

The firm has additional offices in Fishkill and Tarrytown, New York, adding to Wealth Enhancement’s footprint in the New York metropolitan area.

Founded in 1986 by Deborah DeMatteo and Michael DeMatteo, 10-15 Associates has grown to include 16 employees, including seven financial advisers.

Latest News

The 2025 InvestmentNews Awards Excellence Awardees revealed
The 2025 InvestmentNews Awards Excellence Awardees revealed

From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.

Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty
Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty

Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.

Edward Jones joins the crowd to sell more alternative investments
Edward Jones joins the crowd to sell more alternative investments

“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.

Record RIA M&A activity marks strong start to 2025
Record RIA M&A activity marks strong start to 2025

Sellers shift focus: It's not about succession anymore.

IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients
IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients

Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.