Prairie Wealth Advisors announced a strategic merger with The McEwen Group, forming a registered investment advisor managing more than $1 billion in client assets. The combined firm will serve mass affluent, high-net-worth, and ultra-high-net-worth families while expanding its investment management and financial planning capabilities.
The five-person advisory team from The McEwen Group, formerly affiliated with RBC Wealth Management, will continue operating under its existing name within Prairie Wealth. The team brings more than $400 million in assets under management along with approximately $200 million in 401(k) assets.
The merger builds upon a long-standing professional relationship between Prairie Wealth founder and CEO Craig Hundt and Tim McEwen, who have known each other professionally for nearly a decade. McEwen will join Prairie Wealth as a partner and become president of the firm, supporting Prairie Wealth’s long-term succession planning and multigenerational growth strategy.
Prairie Wealth said the merger strengthens the firm’s investment and planning capabilities by adding an equity-focused perspective to complement its expertise in municipal bonds and alternative investments. The McEwen Group also brings experience serving ultra-high-net-worth clients through sophisticated financial, estate, and succession planning strategies, including cash balance plans and captive insurance solutions.
Additional McEwen Group employees joining Prairie Wealth include Jon McGrew, Brooke Wimes, and Isabelle McEwen, administrative assistant. They will join Prairie Wealth’s existing team led by Hundt and Paula Deitering.
Prairie Wealth Advisors is based in Omaha and Lincoln, Nebraska, and provides customized wealth planning, asset management, and multigenerational planning services through a fiduciary-focused, planning-first approach.
KEY QUOTES:
“This was never about finding just any partner; it was about finding the right one. Tim’s values align closely with our vision for delivering tailored client service and continuing to evolve the solutions we provide. The Prairie Wealth team is thrilled to welcome The McEwen Group. I couldn’t think of a better future leader than Tim, and I’m confident he will help us continue delivering exceptional client service and drive our growth in the years ahead.”
Craig Hundt, Founder And CEO, Prairie Wealth Advisors
“There’s a lot to consider when moving from the broker-dealer world into independence. My trust in Craig as a leader gave us confidence in this decision, knowing we were joining a team with a long history of running a great business and always putting clients first. That foundation allows us to continue strengthening the relationships we’ve built with our clients and each other over time.”
Tim McEwen, CFP, Managing Director, The McEwen Group
