Wealth Enhancement Group – a national independent wealth management firm with over $90.5 billion in client assets – announced the acquisition of Levy Wealth Management Group, a hybrid RIA located in Philadelphia, Pennsylvania. This team oversees over $1.3 billion in client assets and is led by President, Victor Levy, CFP, Chief Operating Officer & Wealth Advisor, Michael Clatterbuck, CFP, ChFC, and Wealth Advisor, Joseph Robostello, CFP, ChSNC.
Levy Wealth Management Group was created from Leon L. Levy and Associates, a nationally recognized life and disability insurance brokerage firm founded by Victor’s father, Leon L. Levy, in 1972, and where Victor and his brother, David Levy, established their specialties in wealth management and group insurance, respectively.
This firm helps its clients confidently navigate their financial journeys through comprehensive wealth management services. And they specialize in working with health care professionals, business owners, and multiple generations of family members who are interested in wealth management, tax planning, estate planning, and holistic financial planning.
Levy Wealth Management Group will operate as the Levy-Clatterbuck-Robostello Team at Wealth Enhancement Group, reflecting their many years of friendship, partnership, and teamwork.
David Selig of Advice Dynamics Partners served as M&A advisor for Levy Wealth Management Group.
KEY QUOTES:
“We are incredibly pleased to welcome Levy Wealth Management Group to our firm. Victor, Michael, Joe, and their team have built a sophisticated practice rooted in personalized financial planning. They live their mission –We Show We Care—every day by building strong, sustainable client relationships.”
– Jeff Dekko, Chief Executive Officer of Wealth Enhancement Group
“We are excited to embark on this new journey with Wealth Enhancement Group. The comprehensive resources the firm provides will enable us to further our mission of helping clients more efficiently reach their financial goals. Furthermore, we look forward to working alongside a team that shares our commitment to technological innovation, investment efficiency, and client care.”
– Victor Levy
“As we continue to grow our East Coast presence, we’re excited to be joined by Victor and his team at Levy Wealth Management Group. With their mission of helping clients integrate aspects of their financial life to achieve their goals, we are confident this will be a mutually beneficial partnership.”
– Jim Cahn, Chief Strategy Officer of Wealth Enhancement Group
