Transactions

Park Sutton advises Landmark Financial Advisors, a leading RIA in Kentucky

Park Sutton Advisors, a Waller Helms Company (“Park Sutton”) is pleased to have represented Landmark Financial Advisors, LLC (“Landmark”) on its sale to Wealth Enhancement Group (“WEG”), a national independent wealth management firm with over $72 billion in client assets. Led by Bill Borders and Brent Mason, Landmark is an independent RIA with approximately $543 million in AUM and headquartered in Bowling Green, Kentucky.

Jeff Dekko, Chief Executive Officer of WEG, said, "We are pleased to announce the addition of Landmark to WEG. By joining our firm, the Landmark team will gain access to expanded resources to better serve their clients. We look forward to supporting the Landmark team as they continue to help clients pursue their financial goals.”

Since 2001, Landmark has focused on serving its clients with financial planning assistance, asset management, wealth management, qualified plan support, estate planning, and tax planning to pre-retirees and retired clientele.

Bill Borders, Founder of Landmark, said, "We are thrilled to be partnering with WEG. We believe this partnership will empower our experienced team to continue to provide superior service to our clients by strengthening our wealth management offerings.”

“This will mark WEG’s first location in the Bluegrass State,” Jim Cahn, Chief Investments & Business Development Officer of WEG, said. "We are excited to welcome the Landmark team to WEG. Combining Landmark's expertise with our existing resources and service offerings will allow us to better serve our clients and pursue new opportunities to create additional value over the long term. We look forward to the contributions of the Landmark team members as we collectively work to build on our success.”

The transaction was co-led by Managing Directors John Eubanks, CFP and Peter Nero of Park Sutton Advisors, A Waller Helms Company. John Eubanks said, “This transaction is a prime example of one plus one equaling three. Landmark is centrally positioned to capitalize on the explosive growth in Kentucky and its neighboring markets. This transaction marks WEG’s first move into Kentucky, providing Landmark with the opportunity to leverage WEG’s digital marketing expertise and custodial referral channels, along with various value-added services that will further accelerate Landmark’s already impressive growth.” Peter Nero added, “Bill and Brent are top notch individuals and have built an exceptional firm. We look forward to seeing the future success of this partnership.”