Wealth Enhancement Announces Acquisition of the Scribner Team with Over $111 Million in Client Assets

This partnership brings Wealth Enhancement's total client assets to more than $102.9 billion.

MINNEAPOLIS, Jan. 7, 2025 /PRNewswire/ -- Wealth Enhancement, a national independent wealth management firm with over $102.9 billion in client assets, has announced the acquisition of the Scribner Team, a hybrid investment advisory team in Boston, Massachusetts. The team oversees more than $111 million in client assets and is led by Mark Scribner, Founder & Chief Executive Officer, Michelle Scribner, Director of Operations, and John Vassello, Director of Client Services.

Jeff Dekko, Chief Executive Officer of Wealth Enhancement, said, "Our latest partnership with the Scribner Team allows us to expand our firm's presence in the strategically important Northeast region. Mark Scribner and his team embody the qualities we look for in a partner including a strong focus on comprehensive financial planning, an unwavering commitment to client success, and a shared vision for growth."

The Scribner Team provides strategic wealth management to individuals across Greater Boston and beyond. Mark Scribner and his team, who collectively bring over 65 years of industry experience, are dedicated to helping clients organize their finances and pursue lasting financial freedom. With deep experience in working with C-suite executives, high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals, retirees, and business owners—especially in areas such as exit planning—the team is committed to delivering tailored strategies for every stage of life and business.

Mark Scribner said, "We are excited to partner with Wealth Enhancement, whose vision and business strategy align perfectly with the evolving needs of the families we serve. This is a unique time in our industry, and we feel confident Wealth Enhancement is equipped with the resources and strategies to enable us to best serve our clients."

Jim Cahn, Chief Strategy Officer of Wealth Enhancement, said, "Mark Scribner and his team have a track record of excellence in the industry, and we are excited to officially welcome them to the Wealth Enhancement team. We look forward to providing the team with our scale and resources to support their continued success." 

The acquisition of the Scribner Team closed on December 31, 2024, and marks Wealth Enhancement's 19th closed transaction of 2024.

About Wealth Enhancement 
Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable™ and UniFi processes that go far beyond the standard approach. We proudly provide tailored financial plans and investment management services to serve the unique needs of our clients from our 145 offices - and growing - nationwide. Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.

Advisory services offered through Wealth Enhancement Advisory Services, LLC (WEAS), a registered investment advisor. Certain investment advisor representatives of WEAS are also registered representatives of and offer securities through LPL Financial, member FINRA/SIPC. Wealth Enhancement® and WEAS are separate entities from LPL.

Wealth Enhancement and its Registered Investment Advisor, Wealth Enhancement Advisory Services, had $102.8 billion in client assets, including $4 billion of brokerage assets held at LPL Financial, as of November 30, 2024. The Scribner Team had approximately $111 million in client assets as of September 22, 2024. With the addition of the Scribner Team, Wealth Enhancement has more than $102.9 billion in client, advisory, trust, and brokerage assets.

Media Contacts  
Marianne Gebhardt  
Senior Marketing Communications Manager 
[email protected]  

Prosek Partners, on behalf of Wealth Enhancement
[email protected]

SOURCE Wealth Enhancement