Wealth Enhancement Group (2024)

FAQs

Wealth Enhancement Group? ›

Wealth Enhancement Group is one of the largest independent wealth management firms in the U.S. Wealth Enhancement Group offers comprehensive and customized financial planning, estate planning, retirement income planning, insurance, tax strategies and investment management services to clients nationwide.

Wealth Enhancement Group is one of the largest independent wealth management firms in the U.S. Wealth Enhancement Group offers comprehensive and customized financial planning, estate planning, retirement income planning, insurance, tax strategies and investment management services to clients nationwide.

Wealth Enhancement Advisory Services charges an hourly rate of up to $600 an hour or a flat fee of between $250 to $25,000 for a plan, depending on the complexity. For retirement plan consulting, Wealth Enhancement Advisory Services charges either up to $600 per hour or an asset-based fee of up to 1%.

Wealth Enhancement Group, as a fiduciary, has a long history of providing unbiased, independent advice to plan sponsors. We collaborate with you in the areas of prudent investment practices including plan governance, investment due diligence and ongoing monitoring.

Wealth Enhancement Group has 1,300 total employees.

Jeff Dekko, Chief Executive Officer.

Wealth Enhancement Advisory Services (WEAS), the Registered Investment Advisor (RIA) arm of Wealth Enhancement Group, is pleased to announce it has been ranked #5 in the 2023 edition of Barron's Top 100 RIA Firms. * This year marks the firm's fifth consecutive inclusion on Barron's list.

But, if you're already working with an advisor, the simplest way to determine whether a 1% fee is reasonable may be to look at what they've helped you accomplish. For example, if they've consistently helped you to earn a 12% return in your portfolio for five years running, then 1% may be a bargain.

You might not need a wealth manager if you have clear goals and are confident you can create and implement strategies to protect and grow your wealth. However, a wealth manager may be a good idea if you have substantial assets, would benefit from an expert, and have questions you need help answering.

Generally, having between $50,000 and $500,000 of liquid assets to invest can be a good point to start looking at hiring a financial advisor. Some advisors have minimum asset thresholds. This could be a relatively low figure, like $25,000, but it could $500,000, $1 million or even more.

Where is Wealth Enhancement Group headquarters? ›

Founded in 1997, Wealth Enhancement Group is a nationwide network of financial advisors focused on delivering exceptional, detailed, comprehensive, and personalized financial planning.

We are a top 5 National RIA* who creates a complimentary, detailed financial plan for every potential client. Our local presence is backed by our national Roundtable™ Specialists, who strive to provide extraordinary care with each comprehensive financial plan.

Our slogan is “Your Life, Your Wealth” which communicates our view that our clients' assets are a tool to help them reach their financial and life objectives.

About Wealth Enhancement Group

Wealth Enhancement proudly provides unique financial plans and investment management services to over 61,000 households from its 115 offices - and growing - nationwide.

Private wealth management is an investment advisory practice that incorporates financial planning, portfolio management, and other aggregated financial services for individuals, as opposed to corporations, trusts, funds, or other institutional investors.

The top 5 are: 545 Group, Jones Zafari Group, The Polk Wealth Management Group, Hollenbaugh Rukeyser Safro Williams, The Erdmann Group.