Wealth Enhancement Group to Partner with Pillar Pacific Capital Management to Solidify Position in Wealth Management on West Coast

Minneapolis, US-based wealth management firm Wealth Enhancement Group, an independent wealth management firm will join forces with California-based registered investment adviser Pillar Pacific Capital Management, LLC, to expand position in wealth management and financial planning on the West Coast, the company said.

Financial terms of the transaction were not disclosed. The transaction is expected to close in June.

The transaction is expected to bring Wealth Enhancement Group's total client assets to USD 31.8bn upon closing.

Berkshire Global Advisors served as the exclusive financial advisor to Pillar Pacific in the transaction.

Wealth Enhancement Group is an independent wealth management firm offering comprehensive and customised financial planning and investment management services.