Minneapolis, MN — August 2, 2020 — Wealth Enhancement Advisory Services (WEAS), the Registered Investment Advisor (RIA) arm of Wealth Enhancement Group, is pleased to announce it has been named #22 on Financial Advisor magazine’s 2020 RIA Rankings* and #22 on its list of the 50 Fastest-Growing RIAs.**

This is Financial Advisor magazine’s fourteenth annual ranking of independent advisory firms. Since the magazine used 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 to Financial Advisor magazine’s 2020 RIA Rankings and its list of the 50 Fastest-Growing RIAs. These distinctions reinforce our belief that our team-based approach to wealth management benefits and resonates with clients and advisors alike.”

Mr. Dekko continued, “We’re living in a unique moment, and the services we provide as advisors are critical in maintaining clients’ wealth and well-being. Many financial advisory firms are realizing that they need more support in order to maintain their client service standards. We believe our business model is specially positioned to help growth-oriented advisors meet this challenge through our comprehensive Roundtable„¢ team approach. Advisory firms that join us continue to have uncapped upside when it comes to growth while leveraged one of the most wide-ranging marketing, advice, operations and technology platforms in the independent space. The result is that great advisors do what they do best: cultivate relationships with clients in support of mutually beneficial growth. Our 2020 Financial Advisor rankings reflect the success of our approach and partnership.”

About the Research Process

RIA firms applied for consideration to be included in the 2020 Financial Advisor RIA Rankings and Fastest-Growing RIAs. To be eligible for the ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC, and provide financial planning and related services to individual clients.

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 nationwide. Founded in 1997, Wealth Enhancement Group uses a team approach with a focus on simplifying their clients’ financial lives and has 32 offices nationwide.

*Awarded 8/01/20 for the period of 12/31/18 - 12/31/19.

**Awarded 8/01/20 for the period of 12/31/18 - 12/31/19.

†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.