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HomeFinancial AdvisorWealth Enhancement Group Buys $543M AUM Kentucky RIA

Wealth Enhancement Group Buys $543M AUM Kentucky RIA

Wealth Enhancement Group has acquired Landmark Financial Advisors, a Bowling Green, Ky.-based independent registered investment advisor with about $543 million in assets under management, according to a news release.

Financial terms of the deal were not disclosed.

The acquisition marks the first location in Kentucky for Minneapolis-based Wealth Enhancement Group, which now has more than $72.2 billion in client, advisory, trust, and brokerage assets.

Led by founder Bill Borders and Brent Mason, Landmark Financial Advisors since 2001 has served its clients with financial planning assistance, asset management, wealth management, qualified plan support, estate planning and tax planning for pre-retirees and retired clientele, the release said.

“We are thrilled to be partnering with Wealth Enhancement Group. We believe this partnership will empower our experienced team to continue to provide superior service to our clients by strengthening our wealth management offerings,” Borders said in a statement.

Jeff Dekko, CEO of Wealth Enhancement Group, said they are pleased to add Landmark to the team. “By joining our firm, the Landmark team will gain access to expanded resources to better serve their clients. We look forward to supporting the Landmark team as they continue to help clients pursue their financial goals,” he said.

“Combining Landmark’s expertise with our existing resources and service offerings will allow us to better serve our clients and pursue new opportunities to create additional value over the long term,” added  Jim Cahn, chief investments and business development officer of Wealth Enhancement Group.



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