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US in the news: Wealth Enhancement Group acquires adviser firm

A round-up of people moves and M&A deals across North America M&A Wealth Enhancement Group The independent wealth management firm has acquired Financial Wealth Management, a hybrid registered investment adviser (RIA) firm based in Madison, Wisconsin. Financial Wealth Management consists of the father-son adviser team of founder Dan Hyland and senior vice president Kyle Hyland. The practice offers comprehensive wealth management services, including retirement and financial planning for individuals and small businesses. The financial terms of the transaction, which is expected to close in the fourth quarter of 2020, were not disclosed. Fischer & Company The Hightower subsidiary will merge with Stralem & Company, a wealth management firm in New York, to create the newly combined Hightower advisory business, Fischer Stralem Advisors.

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