Wealth Enhancement Group to acquire North Liberty-based advisory firm
Minneapolis-based Wealth Enhancement Group, an independent wealth management firm that operates a West Des Moines office, this week announced plans to acquire Hawkins Wealth Management, an independent registered investment advisory firm with offices in North Liberty, Iowa, and Naples, Fla. Led by founder Tim Hawkins, Hawkins Wealth Management has $574 million in assets under management. This latest partnership brings Wealth Enhancement Group’s total client assets to more than $55.5 billion, WEG said in a press release. Hawkins founded the firm in 2012 after working for large insurance and investment companies. “Tim and managing partner Aaron Robertson have built a well-respected firm supporting the financial planning, tax efficiency and retirement distribution planning needs of individuals during times of transitioning wealth,” said Jeff Dekko, CEO of Wealth Enhancement Group. It’s the sixth acquisition for WEG in 2022. The transaction is expected to close on June 30.