- Ranking Reflects Accelerating Growth Supported by Ability to Bring Both Systematic Client Acquisition and Scalable Operating Platform to M&A Partners -

- Unique Business Model Creates Opportunities to Serve Clients in Team-Based Format While Maintaining Entrepreneurial Rewards for Industry-Leading Advisors -

Minneapolis, MN — July 28, 2020 — Wealth Enhancement Group, an independent wealth management firm, today announced that its affiliated Registered Investment Advisor, Wealth Enhancement Advisory Services, has been named one of America’s Top 100 Wealth Managers by RIA Channel.* Wealth Enhancement Advisory Services was ranked #3 on RIA Channel’s 2020 list, which recognizes the leading RIAs in the country based on both size and asset growth.

RIA Channel ranked the Top 100 RIA firms of 2020 based on a proprietary set of criteria and data. The ranking is based on both size and growth in assets. RIA Database was used for regulatory data, organic research, and advisor surveys.

Since RIA Channel used publicly available AUM information for Wealth Enhancement Advisory Services as of December 31, 2019, the ranking does not account for the firm’s significant AUM growth since that date. Wealth Enhancement Group has grown to oversee $18.9 billion** in combined brokerage and advisory client assets as of June 30, 2020. The firm’s success is rooted in a differentiated business model of partnering with industry-leading advisory firms to help them generate exceptional organic growth by leveraging Wealth Enhancement Group’s scalable platform and investment in systematic client acquisition.

Jeff Dekko, Chief Executive Officer of Wealth Enhancement Group, said, “We are honored that Wealth Enhancement Advisory Services was named #3 on RIA Channel’s Top 100 Wealth Managers. This achievement is a credit to our central commitment of simplifying our clients’ financial lives. Our advisory teams are motivated by that promise, and we seek to accomplish it through bringing together all the specialists our clients need, all in one place.”

Mr. Dekko continued, “We believe our business model is uniquely positioned to support growth-oriented advisors through our Roundtable„¢ team approach. Some business models only make financial investments in advisory firms. That makes sense if an advisor’s objective is to simply ‘cash out,’ but those models don’t provide an ability to capture scalable benefits. Then there are models that force entrepreneurial advisors into a highly constrictive operating mode, which robs great advisors of their natural entrepreneurial drive. Firms that join us continue to have uncapped upside when it comes to growth while accessing one of the most comprehensive and mature marketing, advice, operations and technology platforms in the independent space. The result is that great advisors can grow even faster, and our ranking in RIA Channel’s Top 100 Wealth Managers reflects the success of our approach and partnership.”

*Awarded 7/28/20 for the period of 6/30/19 - 6/30/20.

**Wealth Enhancement Group and its Registered Investment Advisor, Wealth Enhancement Advisory Services, have approximately $18.9 billion in client brokerage and advisory assets as of 06/30/20.