Wealth Enhancement has acquired Parros Financial Group, a hybrid RIA based in Ann Arbor, Michigan, managing over $118 million in client assets. The deal marks Wealth Enhancement’s first location in the Ann Arbor market and brings its total client assets to more than $146.5 billion.
Parros Financial Group is led by founder Timothy Parros and includes a team of three advisors and one support staff member. The firm provides investment management, financial planning, retirement strategies, and tax-efficient wealth solutions, with a focus on personalized, client-centric service.
The acquisition closed on March 31, 2026. Wealth Enhancement said the partnership aligns with its strategy of expanding through firms that emphasize long-term client relationships and thoughtful planning. The deal also provides Parros Financial Group with access to broader infrastructure and resources to support future growth while maintaining its existing approach to client service.
Wealth Enhancement operates as an independent wealth management firm with a nationwide presence across more than 189 offices. With this acquisition, the firm continues its expansion strategy in key regional markets.
KEY QUOTES:
“What stood out to us about Tim and his team is how intentionally they’ve built their business – really grounded in long-term client relationships and thoughtful planning. That aligns closely with how we think about growth. We’re excited to bring them into the firm and give them access to the broader resources here, while preserving what’s made them successful.”
Jeff Dekko, Chief Executive Officer, Wealth Enhancement
“Our decision to transition to Wealth Enhancement was driven by a desire to better serve our clients and support the future growth of our firm. This partnership provides us with the flexibility, infrastructure, and strategic alignment necessary to continue delivering thoughtful, client-first financial guidance.”
Timothy Parros, Founder, Parros Financial Group
“Tim and his team have built a strong reputation locally, and with this partnership, we’re establishing our first office in the Ann Arbor market. As a firm, we’re excited to establish a presence in the community, and we’re honored Parros Financial Group chose to partner with us for their next chapter.”
Jim Cahn, Chief Strategy Officer, Wealth Enhancement
