Wealth Enhancement has agreed to take over the investment advisory operations of Weinand Financial, a registered investment adviser based in Olympia, Washington.
Financial terms of the deal were not disclosed.
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Led by financial planner Mike Weinand alongside four support professionals, the firm oversees more than $644m in client assets.
Established in 1991, Weinand Financial offers financial planning across retirement and investment matters, reviews of private and public pensions, retirement plan support, and insurance-related advice.
The firm holds specific focus in assisting clients nearing retirement, particularly Washington State public employees handling retirement and pension options.
Mike Weinand said: ”Wealth Enhancement gives us the ability to bring more resources to the table without losing the personal relationships that have defined our firm. It’s an opportunity to strengthen what we offer clients today while building for the future.”
As of 31 July 2026, Wealth Enhancement and its registered investment adviser, Wealth Enhancement Advisory Services, reported $160.1bn in client assets.
Weinand Financial had about $644m in client assets as of 11 August 2026.
After the transaction, Wealth Enhancement is expected to oversee more than $160.7bn across advisory, trust, and brokerage assets, including $6.1bn held with Advisory Solutions Group, a registered investment adviser.
Wealth Enhancement CEO Jeff Dekko said: “Mike has built a long-standing practice grounded in trusted client relationships.
“For more than 35 years, he and his team have been a steady partner to the individuals, families, and businesses they serve. We’re excited to welcome them to Wealth Enhancement and support the next chapter of the practice.”
Recently, the Financial Times reported that Carlyle and Bain Capital are competing to acquire Wealth Enhancement in a deal that could value the wealth management company at roughly $7bn, including debt.
The company has been put up for sale by its private equity owners, TA Associates and Onex.
