Wealth Enhancement Group Acquires Greenville’s FinTrust Capital Advisors
Greenville, S.C. – Exciting news for the wealth management community! Wealth Enhancement Group, one of the nation’s prominent independent wealth management firms, has taken a significant step by acquiring FinTrust Capital Advisors LLC. This acquisition marks a remarkable expansion for Wealth Enhancement Group, which already manages a hefty $94.7 billion in client assets. FinTrust, based right here in Greenville, brings with it a solid portfolio of $2.39 billion in client assets and a dedicated team of advisors.
Making Waves in the Southeast
Wealth Enhancement Group’s CEO, Jeff Dekko, expressed his enthusiasm about this development, stating, “It is exciting to expand our presence in the Southeast by joining forces with FinTrust Capital Advisors.” He praised the firm’s Chief Investment Officer, Allen Gillespie, and his talented team for their broad expertise in crafting customized financial solutions for their clients. This merger is expected to offer even more tailored services to individuals, families, and businesses.
FinTrust’s Expertise and Services
Founded in 2007, FinTrust Capital Advisors has established itself as a go-to resource for advanced financial planning and investment management. Their services cater to a diverse clientele, including business owners, professionals, and high-net-worth families. Gillespie emphasized the firm’s commitment to providing stability and robust advice, saying, “Our firm was built on the premise that the best wealth management advice combines investment management guidance, advanced financial planning, and tax strategies with strong client relationships.” With the partnership with Wealth Enhancement Group, they will be able to enhance their offerings further and leverage additional resources.
Behind the Scenes: The Financial Advisory Role
In this significant transaction, Park Sutton Advisors, a part of the Waller Helms company, acted as the exclusive financial advisor to FinTrust Capital Advisors. This highlights the professional guidance involved during such acquisitions, emphasizing the importance of having skilled advisors during these transitions.
Community Impact and Future Prospects
As Wealth Enhancement Group integrates FinTrust into their operations, clients can expect a seamless transition and the realization of a stronger service offering. The existing team at FinTrust, consisting of 14 advisors and 13 support staff, is eager to begin this new chapter and deliver enhanced solutions for their loyal clients.
This merger not only strengthens Wealth Enhancement Group’s foothold in the Southeast but also represents a significant win for the Greenville community. As more regional firms collaborate with larger independent entities, it reflects an adaptive approach to managing wealth effectively in today’s ever-changing financial landscape.
As the business world continues to evolve, we are witnessing a rise in strategic partnerships, like this one, that promise to enhance client experiences. With Wealth Enhancement Group at the helm and FinTrust’s established reputation, this acquisition is sure to shake things up positively, bringing more innovative wealth management solutions to the forefront of the industry.
Stay Tuned for More Developments
Clients, investors, and those interested in financial management should keep an eye out for further announcements as these two firms join forces. This partnership marks an exciting moment not just for both companies but for the entire Greenville area, as they continue to grow and adapt in the world of finance.
