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Direct Investment  + Financial Advisory  + M&As  + RIAs & Financial Advisors  | 
Wealth Enhancement Group Adds $355M Independent RIA, Third in Iowa

Wealth Enhancement Group Adds $355M Independent RIA, Third in Iowa 

Wealth Enhancement Group has continued its buying spree with the addition of Dubuque, IA-based Heacock & Jones Financial Services, Inc., an independent RIA with over $355 million in client assets. 

Terms of the transaction were not disclosed. 

Founded in 2000, Heacock & Jones Financial Services specializes in financial, tax, insurance and retirement planning and investment management. 

This is the third location in Iowa and the sixth acquisition this year for the Minneapolis-based serial RIA acquirer, bringing its total assets under management to more than $66.8 billion. 

“By partnering with our firm, the team at Heacock & Jones Financial Services will have access to additional resources and tools allowing for an even more elevated financial approach built around their clients’ unique goals,” said Jeff Dekko, chief executive officer of Wealth Enhancement Group. 

With the Heacock & Jones deal, Wealth Enhancement Group has added nearly $3.3 billion in assets so far this year. Last week, the wealth manager announced the acquisition of $1.1 billion-plus hybrid RIA New Era Financial Advisors; In March, it acquired $1 billion-plus independent RIA Equius Partners and $190 million hybrid RIA Prozan Financial Services.   

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Wealth Enhancement Group

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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