Wealth Enhancement Group, a national independent wealth management firm, announced three key leadership appointments, continued growth in strategic markets, and the surpassing of $81 billion in client assets.
Wealth Enhancement has also named three leadership roles within the organization: chief strategy officer, chief investment officer, and chief product officer.
Jim Cahn assumes the role of Chair of the Investment Committee and Chief Strategy Officer, and previously served as Wealth Enhancement’s Chief Investments and Business Development Officer. In this new role, he will continue contributing to overall firm-level strategy, drive enhancements to the firm’s investment platform, and accelerate inorganic growth activities.
Michael Fredericks joins Wealth Enhancement’s executive leadership team as Chief Investment Officer. Fredericks’ appointment reflects the firm’s continued enhancement of its investment advisory platform. His primary focus will be on driving the investment process for portfolios managed by Wealth Enhancement Advisory Services (WEAS), leading functional investment areas, and monitoring the investment landscape to ensure that financial advisors have both competitive solutions and the highest quality investment choices available to offer clients. Fredericks joins Wealth Enhancement from BlackRock where he served as a Managing Director and Head of Income Investing. Fredericks was instrumental in establishing the Multi-Asset Strategies and Solutions Group (MASS), growing it to a $32 billion platform. Fredericks will report to Jim Cahn, the firm’s prior Chief Investments & Business Development Officer, now the Chair of the Investment Committee & Chief Strategy Officer.
Dan Stampf, CFP joins Wealth Enhancement’s executive leadership team as the firm’s first Chief Product Officer to further elevate the importance of product and client experience. Stampf is responsible for Wealth Enhancement’s comprehensive offerings, including advanced financial and estate planning, tax strategies and preparation, employer retirement and benefits, individual insurance, and trust services (offered through Wealth Enhancement Trust Services) and advancing the firm’s already robust investment platform. Stampf comes to Wealth Enhancement with a wide range of experience, from advisory services to launching and scaling new product offerings at Empower, Personal Capital, and Fisher Investments.
KEY QUOTES:
“Reaching these significant milestones underscores our commitment to providing best-in-class financial advice and expanding our reach to serve more individuals. Our growth trajectory continues this year, and we are eager to progress forward as a leading RIA platform.”
– Chief Executive Officer of Wealth Enhancement Jeff Dekko
“Our strategic focus on fostering both inorganic and organic growth continues to attract RIAs who seek to accelerate their growth by leveraging Wealth Enhancement’s growth platform. Firms that join us find they can offload certain central administrative functions and devote more time to servicing existing clients and expanding their practice.”
– Jim Cahn, Chief Strategy Officer of Wealth Enhancement
