Wealth Enhancement Group, a national independent wealth management firm with over $79 billion in client assets, announced the acquisition of Piermont Wealth Management, an independent RIA based in Boca Raton, Florida, and Melville, New York. This team manages over $226 million in client assets and is led by the firm’s Chief Executive Officer, Philip J. Capell.
Launched in 2000, Piermont Wealth Management has been dedicated to making a difference in its clients’ lives. And Philip and his team primarily offer comprehensive wealth management services such as investment management, estate planning, gift/income tax planning, retirement planning, and financial planning to pre-retirees within ten years of retirement and retirees.
Adding Piermont Wealth Management marks Wealth Enhancement Group’s 12th location in Florida.
Advisor Growth Strategies was the exclusive financial advisor to Piermont Wealth Management when it decided to join Wealth Enhancement Group.
KEY QUOTES:
“Wealth Enhancement Group is thrilled to announce the addition of Philip and his team to our organization. We are confident that their extensive knowledge and experience in the financial industry will benefit our firm as we seek to provide our clients with the best possible financial advice.”
– Jeff Dekko, Chief Executive Officer of Wealth Enhancement Group
“We are very excited to join Wealth Enhancement Group. We have been impressed with our colleagues at the firm, their commitment to success and their client-first philosophy. We plan to use Wealth Enhancement Group’s strong investment research and management team, a wide array of financial planning services and experienced back-office support staff to help us satisfy our clients’ needs and objectives now and into the future.”
– Piermont Chief Executive Officer, Philip Capell
“We are excited to have Philip and his team on board as we continue to focus on delivering the best possible outcomes for our clients. With his added experience, we are confident that we will be able to provide even more value to clients.”
– Jim Cahn, Chief Investments & Business Development Officer of Wealth Enhancement Group
