Wealth Enhancement Group (WEG), a Minneapolis-based registered investment adviser with more than $96 billion in client assets, is disaffiliating from LPL Financial, according to media outlets.
“LPL and WEG have enjoyed a mutually beneficial partnership for many years,” said LPL spokeswoman Jen Roche. “However, as both companies continue to evolve, WEG will no longer have a relationship with LPL. We remain committed to ensuring a smooth transition for WEG advisers and their clients, and we’re confident this shift will ultimately benefit and enhance LPL’s ability to support our valued clients. This decision aligns with our strategic intent to focus our investments on partnerships that reflect LPL's mission and operating models.”
WEG operated as a super office of supervisory jurisdiction of LPL for the last 17 years, and the change will take effect June 30, 2025, reported
