Advisory M&A News – 3/11/2026

Wealth Enhancement Acquires $1.2B Adviser Team

Wealth Enhancement has announced its acquisition of an adviser team from TFB Advisors in Overland Park, Kansas, marking Wealth Enhancement’s first location in Kansas. The team of six advisers and four support staff is led by Josh Selzer, Tim Gaigals and Daniel Dolan, managing over $1.2 billion in client assets.

The former TFB Advisors team bring a combined 73 years of experience. At TFB, they served high-net-worth clients, business owners, hospitals and hospital systems, and dental practices. The group will operate as The Archer Team at Wealth Enhancement.

The acquisition closed on February 27, 2026. Houlihan Lokey served as the adviser in the deal.

Wealth Enhancement and its registered investment adviser, Wealth Enhancement Advisory Services, had $135.9 billion in client assets, including $5.3 billion in brokerage assets with Wealth Enhancement Brokerage Services, as of January 31, 2026.

The adviser team from TFB Advisors had approximately $1.2 billion in client assets as of November 19, 2025. With the addition of previously announced acquisitions, and the addition of the adviser team from TFB Advisors, Wealth Enhancement will have more than $143.8 billion in client advisory, trust, and brokerage assets.

Summitry Buys $721M RIA

Bay-area registered investment adviser Summitry announced its acquisition of Vantage Wealth an RIA based in Pasadena, California, with $721 million in assets under management, as of February 8, 2026.

Founded in 2003 and with $3.36 billion in assets under management as of January 31, 2026, Summitry provides financial planning, retirement planning, estate and trust services and equity compensation advice.

Vantage Wealth was founded in 1993 and provides investment management, planning solutions, and financial security for families across multiple generations.

In November of 2024, Summitry was acquired by Aspen Standard Wealth, an RIA acquirer.

NewEdge Advisors Surpasses $14B With Stonegate Partnership

NewEdge Capital Group, LLC., announced that Birmingham, Alabama-based Stonegate Investment Group has affiliated with its NewEdge Advisors RIA. The affiliation has brought NewEdge Advisors’ Pillar Channel program past $14 billion in client assets.

Stonegate’s 13-person advisory team oversees $6 billion in client assets and is the largest team to affiliate with through the NewEdge Advisor Pillar Channel.

In early 2023, NewEdge Advisors introduced its Pillar Channel affiliation model to transact and partner with adviser practices and wirehouse breakaways. The Pillar Channel program establishes branches under the NewEdge Advisors brand.

The Pillar Channel at NewEdge Advisors now includes 14 advisory teams in locations across the country from the West Coast to the Southeast.

Pittman Financial Group Joins Bluespring Firm, Security Financial Management

Bluespring Wealth Partners, a registered investment advisory and wealth management firm acquirer, announced that Pittman Financial Group will merge into Security Financial Management, a Bluespring firm.

The team at Pittman Financial Group, led by founder Page Pittman and client service administrator Elizabeth Eagle, will join the firm bringing more than $60 million in client assets under management.

The transaction brings SFM advisors to a total of $1.3 billion in total assets under management.