Wealth Enhancement Advisory Services (WEAS), the Registered Investment Advisor (RIA) arm of Wealth Enhancement Group, has been ranked #1 on RIA Channel’s 2022 List of Top 50 Wealth Managers by Growth in Assets*. This elite list recognizes the leading RIAs in the country based on both size and asset growth.

RIA Channel uses publicly available assets under management (AUM) information and ranks firms by growth in assets on an absolute basis over a one-year time frame. Between December 31, 2020 and December 31, 2021, WEAS more than doubled its assets under management. As of March 31, 2022, the firm oversees approximately $56.5 billion** in combined brokerage and advisory client assets.

Jeff Dekko, Chief Executive Officer of Wealth Enhancement Group, said, “We are honored that Wealth Enhancement Advisory Services has been recognized by RIA Channel as #1 on the list of Top 50 Wealth Managers by Growth in Assets. Thank you to all of our clients, advisors, employees, and strategic partners who made this possible.”

Mr. Dekko continued, “RIA Channel describes the firms on its ranking as exhibiting an entrepreneurial spirit with the ability to emerge as leaders in their field. Wealth Enhancement Group has the technology, support, and expertise to elevate the client experience and help independent RIAs and hybrid advisors bring their businesses to the next level. Our growth strategy is rooted in partnering with industry-leading advisory firms, enabling them to operate more efficiently than they could as standalone firms. This strong team culture empowers them to generate exceptional organic growth by leveraging our scalable platform and investment in systematic client acquisition.”

About the Research Process  

The RIA Channel ranking is based on a proprietary set of quantitative and qualitative criteria. RIA Database (RIADatabase.com) was used for regulatory data, organic research, and advisor surveys. All qualified wealth managers with $100 million in assets under management or greater were ranked over a one-year period from assets as reported to the SEC on their Form ADV Part I filing. Investment performance is not an explicit component of the evaluation criteria. Learn more about the ranking methodology here.

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 5/03/22 for the period of 3/31/21 - 3/31/22.

**Wealth Enhancement Group and its Registered Investment Advisor, Wealth Enhancement Advisory Services, have $56.5 billion in client brokerage and advisory assets as of 3/31/22.