Wealth Enhancement has deepened its foothold in the US with the acquisition of Manwaring Wealth Management, an RIA based in Arizona, US.  

Financial terms of the transaction were not divulged. 

The transaction brings on board a team that includes two advisors and two support staff, managing over $164m in client assets. 

The acquired entity, founded by Joshua Manwaring, has been operational since 2014, offering a range of financial advisory services.  

These services encompass financial and retirement income planning, alongside tax and estate planning. 

Wealth Enhancement CEO Jeff Dekko said: “For more than two decades, Joshua Manwaring has built an impressive practice where clients are the top priority. His team’s core values and wealth management philosophy align well with our own, making them an ideal partner for Wealth Enhancement.” 

Joshua Manwaring stated: “This partnership marks a new chapter for our team and clients, allowing us to enhance resources, broaden expertise, and continue delivering the high-touch, personalised service our clients have come to trust.  

“While our name and scale will evolve, our commitment to serving each client with integrity, transparency, and care remains unchanged.  

In March, Wealth Enhancement acquired the Wealth Services Division of First International Bank & Trust. The division, managing assets worth over $581m, was integrated into Wealth Enhancement Trust Services.  

This acquired division provides trust and estate planning, as well as asset management, covering areas such as mineral, investment, and farmland management. 

Wealth Enhancement, established in 1997, operates a network of over 152 offices, offering wealth management and financial advisory services.