This partnership marks Wealth Enhancement's first location in Vermont and brings the firm's total client assets to more than $118.5 billion.

Wealth Enhancement, a national independent wealth management firm dedicated to enriching clients' lives, announced it has acquired Dempsey Investment Management, LLC, an independent RIA in South Burlington, Vermont. The firm is led by Donald F. Dempsey, Jr., Founder and Owner, who oversees more than $150 million in client assets.

Jeff Dekko, Chief Executive Officer of Wealth Enhancement, said, "As we continue to grow through strategic partnerships with likeminded firms, we are thrilled to expand our presence into Vermont. Donald Dempsey is a highly respected financial professional in Greater Burlington, and we are delighted to welcome him to Wealth Enhancement."

Founded in 1994, Dempsey Investment Management offers wealth management services including financial planning and investment management. The firm emphasizes its client-first philosophy, taking a personalized and customized approach to each financial plan. Donald Dempsey brings over three decades of industry experience and serves clients throughout Vermont and beyond.

Donald Dempsey of Dempsey Investment Management, said, "I'm pleased to announce our partnership with Wealth Enhancement. By joining forces, we gain access to expanded capabilities that will further enrich our clients' experience. I also believe the cultural alignment between our firms will foster long-term, trusted relationships with our clients."

Jim Cahn, Chief Strategy Officer of Wealth Enhancement, said, "We look forward to bringing Donald Dempsey's talent and expertise to Wealth Enhancement. His high-touch, customized service model aligns perfectly with our mission to deliver deeply personalized financial guidance to our clients."

The acquisition of Dempsey Investment Management closed on August 31, 2025.

FP Transitions served as the M&A consultant on the transaction.

About Wealth Enhancement
Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable™ and UniFi processes that go far beyond the standard approach. We proudly provide tailored financial plans and investment management services to serve the unique needs of our clients from our 150 offices - and growing - nationwide. Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.

Advisory services offered through Wealth Enhancement Advisory Services, LLC (WEAS), a registered investment advisor. Securities offered through Wealth Enhancement Brokerage Services, LLC, member FINRA/SIPC.

Wealth Enhancement and its Registered Investment Advisor, Wealth Enhancement Advisory Services, had $118.4 billion in client assets, including $4.4 billion in brokerage assets with Wealth Enhancement Brokerage Services, as of July 31, 2025. Dempsey Investment Management, LLC, had approximately $150 million in client assets as of May 5, 2025. With the addition of Dempsey Investment Management, LLC, Wealth Enhancement has more than $118.5 billion in client advisory, trust, and brokerage assets.

Media Contacts  
Marianne Gebhardt  
Senior Marketing Communications Manager 
mgebhardt@wealthenhancement.com