Wealth Enhancement acquires Spectrum Wealth Management and Putman Group

Wealth Enhancement has acquired Spectrum Wealth Management, an autarkic registered concern advisor (RIA) based successful Irvine, California, US, on with its affiliated certified nationalist accounting steadfast Putman Group.

The transaction volition adhd a squad comprising an adviser, 14 fiscal professionals, and 5 enactment unit into Wealth Enhancement, overseeing much than $182m successful lawsuit assets.

Spectrum Wealth Management laminitis and main Benjamin Ross Putman leads this squad alongside Sanaz Afshar, Joseph Reese, and Allan Ottens.

The summation of Spectrum Wealth Management and Putman Group further extends the firm’s scope successful California and increases its assets nether absorption to implicit $131.2bn.

Wealth Enhancement CEO Jeff Dekko said: “Spectrum Wealth Management is an awesome and highly credentialed team.

“We're peculiarly excited astir their heavy specialisation successful taxation planning, which is simply a captious constituent of our integrated wealthiness absorption model.”

Established successful 2002, Spectrum Wealth Management focuses connected broad fiscal planning. Its associated taxation practice, Putman Group, was founded successful 1991.

The firm’s services see fiscal and taxation planning, hazard management, and concern management, moving with some concern clients and high-net-worth individuals.

Putman said: “We strive to assistance our clients prosper truthful they tin 'Aspire and Live Life' to the fullest. Joining Wealth Enhancement is the adjacent measurement successful fulfilling and expanding that promise, giving our clients entree to adjacent greater resources and support.”

Wealth Enhancement has offices crossed the US, offering fiscal readying and concern absorption services.

Last month, the institution acquired autarkic registered concern advisor (RIA) Wise Wealth for an undisclosed amount.

It is Wealth Enhancement’s 100th acquisition and adds Wise Wealth’s $464m successful lawsuit assets to its existing portfolio, bringing full lawsuit assets to implicit $125bn.

"Wealth Enhancement acquires Spectrum Wealth Management and Putman Group" was primitively created and published by Private Banker International, a GlobalData owned brand.

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