Wealth Enhancement Lands RIA Breakaway Team Managing $1.2B

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Wealth Enhancement has acquired a six-advisor squad that is parting ways with registered concern advisor TFB Advisors successful Overland Park, Kan. 

The squad leaving TFB Advisors had managed astir $1.2 cardinal successful lawsuit assets and included 4 enactment unit and pb advisors Josh Selzer, Tim Gaigals and Daniel Dolan, according to Minneapolis-based Wealth Enhancement.

Selzer, Gaigals and Dolan had each owned little than 5% of the firm, according to a Form ADV from September 2025. 

The controlling owner, David Wentz, held betwixt 50% and 75% of the firm. TFB, which did not instantly respond to a petition for comment, has a remaining unit of 13 fiscal advisors and 9 enactment staff, according to its website.

TFB itself had divided from broker/dealer Ameritas successful August 2022, aft having been with the steadfast for astir 21 years, according to BrokerCheck. 

The squad departing to Wealth Enhancement volition present run arsenic The Archer Team astatine Wealth Enhancement and supply fiscal planning, concern management, status income readying and property preservation services to high-net-worth individuals, concern owners, hospitals and dental practices. 

“Joining Wealth Enhancement allows america to elevate the level of work we supply to our clients by offering a genuinely broad suite of solutions—from blase taxation strategies and property readying to diversified concern options that leverage nationalist resources,” Selzer said.

The acquisition, which closed Feb. 27, volition beryllium Wealth Enhancement’s 3rd woody of the twelvemonth and its archetypal bureau successful Kansas. 

Overland Park is location to respective ample RIAs, including Creative Planning, Mariner and OneDigital.

Earlier this week, Wealth Enhancement announced its archetypal woody of the twelvemonth for The H Group and FocusPoint Solutions, which collectively oversee much than $6.7 cardinal successful lawsuit assets. As portion of that transaction, it besides launched a caller RIA affiliation level called Advisory Solutions Group, which volition see FocusPoint Solutions.

With the TFB squad deal, Wealth Enhancement volition oversee a combined $143.8 cardinal successful client, advisory, trust, and brokerage assets.

Houlihan Lokey advised the firms connected the deal.