Wealth Enhancement Expands Midwest Footprint with Acquisition of Guidance Wealth
Wealth Enhancement has acquired Guidance Wealth, a 14-year-old independent registered investment advisor based in Elkhart, Indiana, overseeing more than $165 million in client assets. The firm is led by John McSorley, Managing Partner; Michael Griggs, Partner and Financial Advisor; and Maureen Teunissen, Director of Operations and Chief Compliance Officer.
Founded in 2010, Guidance Wealth provides comprehensive financial planning, investment management, and tax preparation services to individuals, families, and small businesses.
“Guidance Wealth has built a strong reputation for thoughtful, client-centered advice and long-term planning,” said Jeff Dekko, CEO of Wealth Enhancement. “We’re thrilled to welcome this talented team, whose key leaders bring more than 60 years of industry experience.”
The deal marks another milestone in Wealth Enhancement’s active 2025 acquisition strategy. Recent transactions include Manwaring Wealth Management in Arizona ($164M AUM) and the Wealth Services Division of First International Bank & Trust in North Dakota ($581M AUM). Earlier in the year, the firm added XO Management in Dallas ($516M AUM), Marcum Wealth in Cleveland ($4.3B AUM), and Capstone Wealth Advisors in the Pacific Northwest ($618M AUM).
With the addition of previously announced acquisitions and the addition of Guidance Wealth, LLC, Wealth Enhancement has more than $125.1 billion in client advisory, trust, and brokerage assets.
The acquisition of Guidance Wealth closed on October 31, 2025.