logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Wealth Enhancement Group announces acquisition of Rock House Financial, an independent RIA

Jul 11, 2024•over 1 year ago

Acquiring Company

Dempsey Investment Management

Acquired Company

Rock House Financial

PlymouthFarmingtonProfessional ServicesFinancial Services

Description

Wealth Enhancement Group, a national independent wealth management firm with over $85.7 billion in client assets, has announced the acquisition of Rock House Financial, an independent Registered Investment Advisor (RIA) located in Farmington, Utah. This partnership marks Wealth Enhancement Group's first location in Utah and brings the firm's total client assets to more than $85.7 billion.

Company Information

Company

Dempsey Investment Management

Location

Plymouth, Minnesota, United States

About

Dempsey Investment Management, LLC is an independent RIA founded in 1994. The firm provides wealth management services, including financial planning and investment management, with a client-first philosophy. Led by Donald F. Dempsey, Jr., it manages over $150 million in client assets. The firm is known for its personalized approach to financial planning.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed