Wealth Enhancement Group Acquires Kings Point Capital Management.

MANews-(C)2009-2022

Minnesota, US-based wealth management firm Wealth Enhancement Group has acquired Tennessee, US-based independent RIA Kings Point Capital Management, LLC, bringing Wealth Enhancement's total client assets to USD 55bn, the company said.

Terms of the transaction were not disclosed.

Kings Point's team of five advisors and 11 support staff oversee USD 1.7bn in client assets.

This is Wealth Enhancement Group's fifth closed acquisition in 2022.

DeVoe and company, an M and A consulting company...

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