trending Market Intelligence /marketintelligence/en/news-insights/trending/P101-XK5WP1aT-cCQRPyHA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Wealth Enhancement Group to acquire RCL Advisors

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


Wealth Enhancement Group to acquire RCL Advisors

Wealth Enhancement Group LLC agreed to acquire RCL Advisors LLC, a New York-based registered investment adviser.

The deal is expected to close Jan. 1, 2020. Financial terms of the transaction were not disclosed.

The acquisition of RCL Advisors will expand Wealth Enhancement Group's presence in the New York-New Jersey-Connecticut tristate area.

RCL Advisors had nearly $1.4 billion in advisory assets as of Sept. 30. Wealth Enhancement Group and its registered investment adviser, Wealth Enhancement Advisory Services, had about $13.6 billion in client brokerage and advisory assets as of the same date, according to a news release.