Wealth Enhancement Advisory Services (WEAS), the Registered Investment Advisor (RIA) arm of Wealth Enhancement Group, has been named #1 on Financial Advisor Magazine’s 2022 list of the Top 50 Fastest-Growing Firms* and #9 on the publication’s RIA Ranking.**
The list of Top 50 Fastest-Growing Firms measures growth of assets under management between December 31, 2020 and December 31, 2021. WEAS experienced strong growth of 116.82% year-over-year, securing the #1 spot. This is the third consecutive year that WEAS has been recognized as a Fastest-Growing Firm, previously holding the #10 spot in 2021 and ranking #22 in 2020.
Financial Advisor Magazine’s RIA Ranking consists of over 500 firms tiered by year-end 2021 assets under management. At #9 on this year’s ranking, WEAS jumped from #13 in 2021 and #22 in 2020.
Jeff Dekko, Chief Executive Officer of Wealth Enhancement Group said, “It’s an honor for Wealth Enhancement Advisory Services to be ranked #1 on Financial Advisor Magazine’s list of Top 50 Fastest Growing Firms. The past two years have seen an acceleration of our firm’s growth momentum as more independent RIAs recognize the benefits of partnering with Wealth Enhancement Group to help bring their businesses to the next level.”
About the Research Process
RIA firms applied for consideration to be included in the 2022 Financial Advisor RIA Ranking and Top 50 Fastest-Growing Firms. Firms are evaluated based on over 50 datapoints provided during the application process. To be eligible, advisory firms must be registered investment advisors, file their own ADV statement with the SEC, and provide financial planning and related services to individual clients. The award is not indicative of an investment adviser’s future performance and may not be representative of any one client’s experience.
About Financial Advisor Magazine
Financial Advisor Magazine is an online and print magazine that focuses on sophisticated planning and investment strategies to help advisors better serve their affluent clients, as well as practice management ideas to help advisors build their firms. To learn more, visit www.fa-mag.com.
About Wealth Enhancement Group
Wealth Enhancement Group is a Greater Minneapolis-based independent wealth management firm offering comprehensive and customized financial planning and investment management services. Founded in 1997, Wealth Enhancement Group serves clients nationwide. Wealth Enhancement Group specializes in providing retail clients with the team-based experience and resources they need to simplify their financial life. For more information, please visit www.wealthenhancement.com.
Contact information:
Maggie Habashy, Director of Communications and Brand, Wealth Enhancement Group
(763) 401-5396
mhabashy@wealthenhancement.com
*Awarded 7/15/22 for the period of 12/31/20 - 12/31/21. Awarded 7/16/21 for the period of 12/31/19 - 12/31/20. Awarded 8/01/20 for the period of 12/31/18 - 12/31/19.
**Awarded 7/15/22 for the period of 12/31/20 - 12/31/21. Awarded 7/16/21 for the period of 12/31/19 - 12/31/20. Awarded 3/13/20 for the period of 9/30/18 - 9/30/19.
