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Wealth Enhancement Group acquires Md.’s Serafini Financial Group (access required)

Wealth Enhancement Group, an independent wealth management firm in Minneapolis, Thursday announced its acquisition of Serafini Financial Group, a Hybrid RIA based in Hagerstown with 12 employees, four financial advisers and $853 million in total client assets. Financial terms of the transaction were not disclosed. Upon the closing of the acquisition, Wealth Enhancement Group's total client assets now exceed $39 billion. The ...