Wealth Enhancement, a national independent wealth management firm, announced it has acquired the investment advisory business of Raleigh-area WealthShield Partners, led by Managing Partner Robert Leggett, and its affiliated wealth management practice, Madison Oaks Wealth Partners, led by Managing Partner Scott Lord and partners Kenny Bollinger, Stuart Gay, and John Maher. Madison Oaks Wealth Partners operated as a DBA of WealthShield Partners. Together, the organizations managed more than $993 million in client assets and have joined Wealth Enhancement as the Emerald Team and Madison Oaks Team.
Founded in 2013, WealthShield Partners built its business around helping high-net-worth individuals, retirees, professionals, business owners, and executives pursue their financial goals through personalized wealth management, with the Emerald Team providing comprehensive financial planning, investment management, retirement income planning, tax-efficient strategies, estate planning, and wealth preservation. Since its founding in 2017, Madison Oaks Wealth Partners has complemented those capabilities with a client-first philosophy and sophisticated financial planning and investment management for affluent individuals and families.
The acquisition closed on June 30, 2026, with Williams Private Wealth Advisory and Consulting serving as advisor in the deal. Wealth Enhancement and its registered investment advisor, Wealth Enhancement Advisory Services, had $158.2 billion in client assets as of June 30, 2026, and will have more than $158.2 billion in client advisory, trust, and brokerage assets following the addition. Wealth Enhancement provides tailored financial plans and investment management services from over 188 offices nationwide and has been operating since 1997.
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“Robert and Scott have built practices rooted in lasting client relationships, helping people navigate life’s biggest financial decisions along the way. That kind of trust takes years to earn, and it’s something we work hard to protect.”
“We’re excited to welcome their teams to Wealth Enhancement so their clients can continue receiving the tailored guidance they value, with the added strength and resources of our broader firm.”
Jeff Dekko, Chief Executive Officer, Wealth Enhancement
“We created WealthShield Partners on a foundation of trust, holistic advice, and an unwavering commitment to our clients. Those values remain unchanged as we join Wealth Enhancement.”
“Together, we are expanding the resources, experience, and opportunities available to those we serve while preserving the relationships that have always been at the heart of our success.”
Robert Leggett, Managing Partner, WealthShield Partners
“From our first conversation, we were confident that Wealth Enhancement’s client-first culture, long-term vision, and commitment to independence aligned with our firm’s values.”
“This partnership allows us to continue delivering personalized advice while enhancing the client experience with additional resources and capabilities. We are excited about this next chapter for our clients, team, and firm.”
Scott Lord, Managing Partner, Madison Oaks Wealth Partners
“This partnership not only strengthens our presence in the Carolinas, but also adds experienced advisors whose approach to comprehensive planning aligns naturally with where our firm continues to invest.”
“These teams have already proven to be an excellent addition to Wealth Enhancement.”
Jim Cahn, Chief Strategy Officer, Wealth Enhancement
