We’re nearing the final name for deal bulletins in 2025, and a number of other companies positioned their ultimate orders this week.
Wealth Enhancement made a splash with three offers this week, whereas MCF Advisors made its first acquisition since receiving a minority funding, a pattern that has change into more and more widespread in 2025.
If there was any doubt that 2026 would proceed to deliver fascinating RIA offers, WealthManagement.com additionally reported Thursday that sources acquainted with a pending acquisition anticipate Artistic Planning to amass a United Kingdom-based RIA with $4.8 billion in AUM.
For now, learn on for the offers which were booked.
Wealth Enhancement Pens Three Offers Totaling $1.1B
Wealth Enhancement, a Minneapolis-based registered funding advisor with greater than $131 billion in shopper belongings, has agreed to amass three companies this week positioned in Wisconsin, Utah and California. The businesses oversee mixed shopper belongings of about $1.1 billion.
The biggest agency Wealth Enhancement acquired by belongings is Wealth Advocates, a hybrid RIA based mostly in Logan, Utah, overseeing $476 million in belongings.
The agency is led by John Mickelson, wealth supervisor, and contains Managing Companion Patrick Jenkins, together with Ammon Doman, a monetary advisor, and a workers of six. That they had partnered with dealer/seller CreativeOne Securities, however will now be utilizing Wealth Enhancement Brokerage Companies, in response to a spokesperson.
The agency was based in 2017 with a give attention to enterprise homeowners, retirees and present and former staff of the State of Utah, Intermountain Healthcare, Northrop Grumman and Utah State College. The group gives funding, tax, insurance coverage, property planning and revenue planning providers.
Wealth Enhancement additionally introduced the acquisition of RIA AEGIS Monetary, which has workplaces in Oshkosh, Appleton and Milwaukee, Wis., overseeing $468 million in shopper belongings.
AEGIS was based in 1993 to supply monetary planning, retirement planning, tax mitigation, property planning and funding technique providers to households and enterprise homeowners in Wisconsin.
The agency is led by President William Bowman, who joined in 2011, when the corporate was affiliated with Raymond James, in response to BrokerCheck. AEGIS broke from Raymond James in 2019, when it went to dealer/seller Non-public Consumer Companies via 2020.
“Wisconsin has been a powerful development marketplace for us since we first entered it in 2018, and we look ahead to constructing on that momentum,” mentioned Jim Cahn, chief technique officer of Wealth Enhancement, in an announcement.
Smart Rhino suggested AEGIS within the transfer.
Lastly, Wealth Enhancement added Irvine, Calif.-based Spectrum Wealth Administration, which has each an RIA managing $182 million in shopper belongings and an affiliated licensed public accounting agency, Putman Group.
The crew, comprising one advisor, 14 monetary professionals and 5 help workers, will relocate to Wealth Enhancement. Founder and Principal Benjamin Ross Putman leads the agency, which additionally contains CPAs Sanaz Afshar, Joseph Reese and Allan Ottens.
Wealth Enhancement is “significantly enthusiastic about their deep specialization in tax planning, which is a important element of our built-in wealth administration mannequin,” CEO Jeff Dekko mentioned in an announcement.
Spectrum Wealth was based in 2002, and its affiliated tax observe, Putnam, has been in operation since 1991.
EP Wealth Acquires to Broaden in Phoenix
EP Wealth Advisors, an acquisitive Torrance, Calif.-based RIA with $41 billion in belongings below administration, has grown its Phoenix space footprint with the acquisition of Clearview Wealth Advisors, a planning-focused RIA with $218 million in AUM.
Clearview Wealth is led by the father-son crew of Michael and Corbin Coursey, serving purchasers within the Phoenix metropolitan space and the Pacific Northwest.
The crew will likely be built-in into EP Wealth’s Phoenix area below regional administrators M.J. Nodilo and Adrian Larson.
The deal is EP Wealth’s ninth of 2025 to increase its base of 61 workplaces in 22 states. The agency bought a minority stake to Ares Administration earlier this yr; Ares invested alongside Berkshire Companions, EP’s present minority fairness accomplice.
MCF Advisors Pens First Deal Since WPCG Stake
MCF Advisors, a Lexington, Ky.-based RIA with $3.9 billion in AUM, has made its first acquisition with an settlement to purchase Accredited Wealth Administration, a Louisville, Ky.-based fee-only RIA with $178 million in AUM.
The deal is MCF’s first because it obtained an fairness funding this March from Wealth Companions Capital Group and the Aspire Holdings platform of HGGC. The acquisition expands MCF’s presence in Louisville and strengthens its monetary planning and funding administration providers.
Accredited Wealth was based by managing companions Steve Giacobbe and Shawn Clark, who will now take the roles of senior monetary advisor and accomplice at MCF.
DayMark Wealth Companions Sells Minority Stake to Constellation Wealth
DayMark Wealth Companions, an Ohio-based Dynasty Monetary Companions member agency, introduced this week that non-public fairness agency Constellation Wealth Capital has acquired a minority stake within the Cincinnati-based RIA.
Constellation will be part of the possession crew that features Mike Quin, co-founder and managing accomplice of the agency, which was launched in 2022. DayMark has grown from a seven-person crew with $1.4 billion in AUM at its begin to greater than $4.5 billion. Along with Ohio, it has workplaces in Connecticut, Florida, Illinois and Utah.
“The capital and strategic sources supplied by CWC will enable our agency to proceed on our formidable development path and, most significantly, prolong our attain to assist much more purchasers profit from unbiased recommendation,” Quin mentioned in an announcement.
DayMark entered the Florida market earlier this yr via recruiting a crew of Wells Fargo advisors who had managed a mixed $350 million in shopper belongings on the wirehouse’s unbiased contractor channel FiNet.
Houlihan Lokey and Dynasty Funding Financial institution have been the funding banking advisors to DayMark.
