Wealth Enhancement announced that it will acquire the Shufro-Glass Group of Shufro Rose, a New York-based advisory team with over $760 million in client assets.
The team includes two advisors and three support staff and is led by Gregory D. Shufro, principal and senior financial advisor, and Steven J. Glass, senior financial advisor. The acquisition is expected to close in August 2026.
Upon completion, Shufro and Glass will become equity holders of Wealth Enhancement.
The Shufro-Glass Group operates within Shufro Rose, a firm founded in 1938 with more than eight decades of experience advising clients.
The team provides comprehensive wealth management services, including investment management and multigenerational wealth planning.
Wealth Enhancement said the partnership reflects its interest in enduring advisory practices with deep client relationships and a long-term planning focus.
The transaction will bring Wealth Enhancement’s total client assets to more than $157 billion.
Wealth Enhancement had $156.3 billion in client assets as of May 31, 2026, including $5.3 billion in brokerage assets with Wealth Enhancement Brokerage Services.
The Shufro-Glass Group had approximately $760 million in client assets as of June 22, 2026.
Support: The Shufro-Glass Group was advised by Nesvold Capital Partners on the transaction.
KEY QUOTES:
“The Shufro-Glass Group represents the kind of enduring, multigenerational practice we highly value. Their work reflects a long-standing commitment to stewardship, thoughtful planning, and relationships built across generations. We’re excited to support their next chapter and help them continue their legacy.”
Jeff Dekko, CEO of Wealth Enhancement
“My grandfather, Salwyn Shufro, and Edward Rose founded Shufro Rose with a simple philosophy: the client always comes first. For 88 years, each generation of leadership has focused on strengthening the firm and ensuring it continues to evolve to meet the needs of clients. Our decision to join Wealth Enhancement reflects that same commitment, giving us access to the scale and infrastructure of a nationally recognized firm while preserving the relationship-driven approach that clients value most.”
Gregory D. Shufro, Principal and Senior Financial Advisor
“Helping clients use their financial resources to achieve their goals has been the most rewarding part of my nearly 40-year career. While building and managing our firm has been an important part of that journey, the increasing complexity of running an advisory business takes time away from serving clients. Partnering with Wealth Enhancement allows us to focus on the work we are most passionate about – helping clients live their best lives.”
Steven J. Glass, Senior Financial Advisor
“Practices like the Shufro-Glass Group demonstrate how a strong heritage and a forward-thinking mindset can work hand in hand. Their focus on long-term relationships and tailored client strategies aligns closely with our approach.”
Jim Cahn, Chief Strategy Officer of Wealth Enhancement
