Addition of Hawkins Prosperity Management Raises Prosperity Enhancement Group’s Complete Client Assets to Much more Than $55.5 Billion
MINNEAPOLIS, June 23, 2022 /PRNewswire/ — Wealth Enhancement Group (“WEG”), an independent wealth administration agency nowadays announced it plans to obtain Hawkins Wealth Administration, an unbiased RIA with places of work in North Liberty, Iowa, and Naples, Florida. Led by founder Tim Hawkins, CFP®, Hawkins Wealth Management has $574 million assets beneath management. This hottest partnership provides Wealth Improvement Group’s whole shopper belongings to more than $55.5 billion.
Jeff Dekko, Main Executive Officer of Wealth Enhancement Team, reported, “Tim and Running Spouse Aaron Robertson have developed a very well-revered business supporting the fiscal organizing, tax efficiency and retirement distribution planning desires of people during times of transitioning prosperity. We are fired up to have them, their much more than 40 years of merged money planning knowledge and Hawkins’ committed staff of advisors sign up for Wealth Improvement Group.”
Mr. Hawkins established Hawkins Prosperity Management in 2012 following operating for big coverage and expenditure providers. The business embraces a in depth analytical tactic to economic scheduling and a low client-to-advisor ratio to assistance shoppers nearing retirement, selling a enterprise or navigating other existence modifications.
This acquisition will carry a workforce of 6 monetary advisors and 7 guidance personnel to Wealth Enhancement Team and greatly enhance the firm’s strong Midwest existence. This will be Prosperity Improvement Group’s sixth acquisition in 2022.
Mr. Hawkins mentioned, “We are passionate about producing superior results by simplifying the complexities of prosperity and relatives financial setting up. Joining Prosperity Enhancement Group allows us to push advancement by leveraging their guidance companies and technological know-how offerings.”
Jim Cahn, Main Investments and Company Enhancement Officer of Prosperity Improvement Group said, “Hawkins Wealth Administration has an remarkable record of giving personalized economic preparing, investment decision administration and retirement distribution preparing expert services for its purchasers. We look ahead to assisting them grow their company.”
Economic conditions of the transaction were being not disclosed. The transaction is predicted to near June 30, 2022, immediately after which the practice will do business as the Hawkins Workforce at Prosperity Improvement Team.
About Wealth Enhancement Team
Wealth Improvement Group is a Higher Minneapolis-centered independent wealth management business featuring thorough and custom-made monetary preparing and financial commitment management products and services. Launched in 1997, Prosperity Enhancement Team serves clients nationwide. Wealth Enhancement Team specializes in delivering retail clients with the workforce-primarily based understanding and methods they need to have to simplify their fiscal lifestyle. For extra information, remember to check out www.wealthenhancement.com.
Advisory companies supplied by means of Wealth Improvement Advisory Solutions, LLC (WEAS), a registered expenditure advisor. Specified, but not all, expenditure advisor associates (IARs) of WEAS are also registered reps of and present securities by LPL Economical, Member FINRA/SIPC. Prosperity Enhancement Group and Wealth Enhancement Advisory Companies are different entities from LPL Monetary. Wealth Enhancement Group is a registered trademark of Prosperity Enhancement Group, LLC.
Prosperity Improvement Team and its Registered Financial investment Advisor, Prosperity Improvement Advisory Companies, had $55 billion in consumer brokerage and advisory assets as of 5/31/2022. Hawkins Prosperity Management had virtually $574 million in consumer brokerage and advisory assets as of 3/31/2022. With the addition of formerly announced acquisitions and the acquisition of Hawkins Prosperity Management, Prosperity Improvement Team has over $55.5 billion in client brokerage, advisory and rely on belongings as of June 1, 2022.
Prosek Companions, on behalf of Prosperity Improvement Group
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