Wealth Enhancement Announces Acquisition of Parros Financial Group, a Hybrid RIA with Over $118 Million in Client Assets
This partnership marks Wealth Enhancement’s first location in the Ann Arbor market and brings Wealth Enhancement’s total client assets to more than $146.5 billion.
Wealth Enhancement, a national independent wealth management firm dedicated to enriching clients’ lives, announced it has acquired Parros Financial Group, a hybrid RIA in Ann Arbor, Michigan. The team of three advisors and one support staff is led by Timothy Parros, Founder, and manages over $118 million in client assets.
Jeff Dekko, Chief Executive Officer of Wealth Enhancement, said, “What stood out to us about Tim and his team is how intentionally they’ve built their business - really grounded in long-term client relationships and thoughtful planning. That aligns closely with how we think about growth. We’re excited to bring them into the firm and give them access to the broader resources here, while preserving what’s made them successful.”
As a fiduciary-focused advisory practice, Parros Financial Group provides integrated services spanning investment management, financial planning, retirement strategies, and tax-efficient wealth solutions, all tailored to each client’s unique goals. Known for its personalized approach, the firm combines disciplined investment experience with a commitment to transparency and service excellence, helping clients navigate complexity and build financial confidence.
Timothy Parros said, “Our decision to transition to Wealth Enhancement was driven by a desire to better serve our clients and support the future growth of our firm. This partnership provides us with the flexibility, infrastructure, and strategic alignment necessary to continue delivering thoughtful, client-first financial guidance.”
Jim Cahn, Chief Strategy Officer of Wealth Enhancement, said, “Tim and his team have built a strong reputation locally, and with this partnership, we’re establishing our first office in the Ann Arbor market.
As a firm, we’re excited to establish a presence in the community, and we’re honored Parros Financial Group chose to partner with us for their next chapter.”
The acquisition closed on March 31, 2026.
For more information about partnering with Wealth Enhancement, visit:
https://www.wealthenhancement.com/partner-with-us.
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 over 189 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, 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 $146.4 billion in client assets, including $5.5 billion in brokerage assets with Wealth Enhancement Brokerage Services as of February 28, 2026. Parros Financial Group had approximately $118 million in client assets as of November 17, 2025. With the addition of Parros Financial Group, Wealth Enhancement will have more than $146.5 billion in client advisory, trust, and brokerage assets, including $5.4 billion in assets with Advisory Solutions Group, LLC, a registered investment advisor.
Media Contacts
Marianne Gebhardt
Sr Marketing Communications Manager
mgebhardt@wealthenhancement.com
