RIA aggregator Wealth Enhancement Group, which was acquired by private equity firm TA Associates in July 2019, has acquired Oakwood Capital Management, a Los Angeles-based RIA with $1.04 billion in client assets. The deal is WEG’s second acquisition in the Southern California area, following its acquisition of Pillar Pacific, an RIA in San Marino, Calif., in June.
Terms of the deal, which closed on June 30, were not disclosed. Echelon Partners advised Oakwood on the transaction.
Oakwood will now be known as Oakwood Team at Wealth Enhancement Group, and Bruce Mandel, the RIA’s president and CEO, will serve as managing director.
Oakwood has 14 employees, including five client-facing financial advisors, and specializes in wealth management, investment management, asset management and financial planning for high-net-worth professionals, retirees, and younger, tech-savvy clients.
“Bruce Mandel and his team at Oakwood Capital Management have built an excellent wealth management practice in the heart of Los Angeles that still has significant room to grow,” said Jeff Dekko, CEO of WEG, in a statement. “With our support, they will be able to streamline their operations and offer an even higher level of service than before, without compromising the personal touch their clients have come to expect.”
WEG has been growing rapidly through acquisition recently, with this latest deal bringing its total assets to more than $37 billion.
This means, you take one article, and you use the article distribution system. It will generate thousands of unique versions of your article, and publish those unique articles to hundreds of websites that are related to your niche.
Take a look at our comprehensive guide to the best and most popular information ebooks and products available today on Detoxing, Colon Cleansing, Weight Loss and Dating and Romance. They are all in one spot, easy to find and compere to make a quick selection for the product that best fits your needs or wants.
So browse through a category and make your preferred selection and come back here to read more choice articles and get a few more helpful tips on ways to help your enhancement.
As an Amazon Associate I earn from qualifying purchases. “saubiosaubiosuccess.com is a participant in third party affiliate and advertising programs; The Amazon Services LLC Associates Program, Awin network, and other affiliate advertising programs are designed to provide a means for sites to earn advertising fees and commissions by advertising and linking to products on other sites and on Amazon.com. Amazon and the Amazon logo are trademarks of Amazon.com, Inc, or its affiliates.”
We use anonymous cookies and various 3rd-party services to optimise and to offer you a better, more personalised, browsing experience with advanced accessibility enhancements.
Dismiss
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
