{"id":696945,"date":"2026-07-17T16:46:09","date_gmt":"2026-07-17T16:46:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/696945\/"},"modified":"2026-07-17T16:46:09","modified_gmt":"2026-07-17T16:46:09","slug":"deals-moves-wealth-enhancement-lands-teams-overseeing-993m","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/696945\/","title":{"rendered":"Deals & Moves: Wealth Enhancement Lands Teams Overseeing $993M"},"content":{"rendered":"

Wealth Enhancement, an acquisitive Minneapolis-based registered investment advisor <\/a>overseeing $158.2 billion in client assets, has brought on the investment advisory business of Raleigh, N.C.-area WealthShield Partners and its affiliated wealth management practice, Madison Oaks Wealth Partners, which together managed more than $993 million in assets.<\/p>\n

WealthShield Partners is led by Managing Partner Robert Leggett, while Madison Oaks Wealth Partners is led by Managing Partner Scott Lord and partners Kenny Bollinger, Stuart Gay and John Maher. The organizations will operate as Wealth Enhancement firms under the Emerald Team and Madison Oaks Team names, respectively.<\/p>\n

WealthShield Partners was founded in 2013 and is focused on high-net-worth individuals, retirees, professionals, business owners and executives.<\/p>\n

Madison Oaks Wealth Partners was founded in 2017 and has provided financial planning and investment management to affluent individuals and families.<\/p>\n

Related:OneDigital Draws $1.8B Wealth Team from IBD Cetera<\/a><\/p>\n

\u201cFrom our first conversation, we were confident that Wealth Enhancement\u2019s client-first culture, long-term vision, and commitment to independence aligned with our firm\u2019s values,\u201d Lord said in a statement.<\/p>\n

Williams Private Wealth Advisory & Consulting advised on the deal.<\/p>\n

Indivisible Partners Adds $800M FMB Wealth Management<\/p>\n

Indivisible Partners, a Clearwater, Fla.-based advisor-owned growth partnership, added FMB Wealth Management, a Westlake Village, Calif.-based wealth advisory firm with $800 million in assets.<\/p>\n

FMB was co-founded by Debbie and Tom Fields in 1994, and following Tom\u2019s passing in 2018, Debbie served as CEO for 8 years. The Indivisible partnership followed an internal transition in which Debbie transferred majority ownership to her existing partners, led by Grant Blindbury, Danny Mock and JJ Fields, to create continuity for clients, according to the announcement.<\/p>\n

\u201cThis is an opportunity to not only carry on the Fields\u2019 legacy, but to share the story of its roots, and continue the significant growth we\u2019ve achieved the last eight years,\u201d Blindbury said in a statement.<\/p>\n

FMB joins a growing Indivisible Partners network led by former Merrill Lynch wealth head John Thiel in 2024<\/a>.<\/p>\n

With the move, FMB noted access to expanded operational infrastructure, investment resources, planning capabilities and growth leaders without disrupting client relationships and culture. The firm is focused on business owners, professional athletes, executives, multi-generational families, individuals navigating high-asset divorces and philanthropists.<\/p>\n

Related:Schwab: Client Referrals, Hiring Lead RIA Priority List in 2026<\/a><\/p>\n

Advisors Overseeing Combined $740M in Assets Join Ameriprise<\/p>\n

Two advisor teams representing a combined $740 million in client assets left their respective firms to join Ameriprise Financial this week, according to announcements.<\/p>\n

Sher Jeshiva Group, a financial advisory practice based in Melville, N.Y., and Naples, Fla., joined the branch channel of Ameriprise Financial from Wells Fargo Clearing Services after overseeing $470 million in client assets. The practice is led by financial advisors Glen Sher and Michael Jeshiva and includes financial advisor Philip Basile and registered client service associate Kathryn Acer-Richard.<\/p>\n

\u201cAs we evaluated where we wanted to build the next chapter of our practice, Ameriprise stood apart,\u201d Sher said in a statement. \u201cWe were impressed with the firm\u2019s technology and found it superior to anything we\u2019ve experienced in the industry, particularly in how efficiently we can now serve our clients.”<\/p>\n

Private wealth advisory practice Johnson Stivender Wealth Advisors, based in Sebring, Fla., joined the independent channel of Ameriprise Financial from Raymond James Financial Services, where it managed more than $270 million in client assets.<\/p>\n

The practice is led by private wealth advisors Dusty Johnson, Craig Johnson and Travis Stivender, and includes operations manager Michele Bednosky and client relationship specialist Kristin Johnson.<\/p>\n

Related:RIA Buyers Predict Valuations to Flatline in Second Half of 2026<\/a><\/p>\n

\u201cJoining Ameriprise marks an exciting new chapter for our practice, but our commitment to our clients remains unchanged,\u201d Johnson said in a statement.<\/p>\n

Ameriprise has been working to keep and add advisors in a competitive recruiting environment<\/a>. The firm will report second-quarter earnings on July 23.<\/p>\n

LPL RIA Channel Lures Advisor Teams of Combined $1.1B<\/p>\n

LPL Financial drew advisors representing about $1.1 billion in client assets this week, according to the San Diego-based independent broker\/dealer.<\/p>\n

Advisor Alan Feutz left J.P. Morgan to join LPL-aligned wealth manager Genesis Wealth, which operates on the broker\/dealer\u2019s RIA platform, having managed about $725 million in advisory, brokerage and retirement-plan assets. In addition, the financial advisors of Buell Wealth Management, who had overseen about $370 million in client assets, left Buell Securities Corporation to join LPL\u2019s broker\/dealer and RIA platform.<\/p>\n

Feutz is based in Deerfield, Ill., and brings more than two decades of industry experience, working primarily with individuals and families who are approaching or living in retirement. His practice emphasizes wealth management, including retirement planning, tax-aware strategies, legacy planning and multigenerational wealth conversations.<\/p>\n

\u201cComing from a bank environment, the safety and security of client assets were extremely important considerations,\u201d Feutz said in a statement. \u201cLPL\u2019s history, scale and operational strength give me confidence, while Genesis Wealth provides an environment that allows me to spend more time with clients and deliver a more personalized experience.\u201d<\/p>\n

Buell Wealth Management, based in Glastonbury, Conn., comprises five advisors. The team is led by CEO Chris Berris, who has more than 40 years of industry experience and has held his leadership role since 1997.<\/p>\n

\u201cWe\u2019ve spent several years evaluating the right long-term solution for our business and our clients,\u201d Berris said in a statement. \u201cLPL offers the services, technology<\/a> and operational support we need to help streamline our business and focus more of our time and energy on serving clients.\u201d<\/p>\n

LPL will report its second-quarter earnings on July 30.<\/p>\n","protected":false},"excerpt":{"rendered":"Wealth Enhancement, an acquisitive Minneapolis-based registered investment advisor overseeing $158.2 billion in client assets, has brought on the…\n","protected":false},"author":2,"featured_media":696946,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":["post-696945","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-personal-finance","tag-personalfinance","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/696945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=696945"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/696945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/696946"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=696945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=696945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=696945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}