Wealth Enhancement Advisory Services, LLC

RIASEC Registered

Total AUM

$122B

Discretionary

$94.3B

77% of AUM

Avg account

$551K

Accounts

221,892

Employees

1,700

Advisory reps

1,032

Firm details

Headquarters: Plymouth, Minnesota
CRD number: 116407
Registered since: December 21, 2001
Website: www.wealthenhancement.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: Individuals59.16%
HNWI32.18%
Pension & Profit Sharing Plans4.87%
Other1.64%
Corporations / Businesses1.47%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Wealth Enhancement Advisory Services, LLC is an independent registered investment advisor organized as an LLC and registered with the SEC in 2001. The firm serves a mix of individuals and families as well as institutional clients, operating as a capital allocator that blends advisory and planning services with access to third‑party managers. Core services listed include financial planning, portfolio management for individuals and small businesses, pension consulting and selection of other advisers, plus educational seminars and workshops. Fee arrangements include percentage of AUM, hourly and fixed fees, and other structures. The firm identifies as an active ESG investor and maintains industry relationships across broker‑dealer, trust company, insurance company and adviser channels. Wealth Enhancement has been recognized repeatedly in industry rankings, including appearances in Barron’s Top 100 RIA lists (2021–2025), Forbes’ Top RIA lists (2022–2024), Financial Times Top 300 (2020) and other trade outlets.