Wealth Enhancement has acquired FPG Private Wealth, a hybrid RIA overseeing more than $532 million in client assets, in a move that strengthens the firm’s footprint in the Midwest and increases its total client assets to over $127.8 billion. Based in Carmel and Lafayette, Indiana, FPG Private Wealth was previously affiliated with Financial Partners Group and is led by Senior Vice Presidents Andrew Moulton and Timothy Johnston, along with Financial Advisor Don Penn.
The acquisition marks Wealth Enhancement’s first office presence in the greater Indianapolis market and brings a team known for a planning framework that helps clients build confidence in their long-term financial goals. FPG Private Wealth offers comprehensive planning, asset-based lending solutions, and advisory services tailored for business owners. Wealth Enhancement expects the partnership to accelerate growth while expanding capabilities for both organizations. The transaction closed on November 30, 2025.
KEY QUOTES:
“We’re thrilled to deepen our Midwest roots through this partnership. The FPG Private Wealth leaders bring more than 65 years of combined industry experience, and we’re excited to welcome them to our organization.”
Jeff Dekko, Chief Executive Officer of Wealth Enhancement
“Partnering with Wealth Enhancement gives us the scale and capabilities to grow while staying true to the personalized service our clients value. We’re confident this collaboration will enhance the experience we deliver and open new opportunities for our clients and our team.”
Andrew Moulton, FPG Private Wealth
“We are delighted to welcome the FPG Private Wealth team, marking our first office location in the greater Indianapolis market. Their commitment to client success and strong regional presence make them a great addition to our firm.”
Jim Cahn, Chief Strategy Officer of Wealth Enhancement
