Transactions

Park Sutton Advises M&R Capital Management on Partnership with Wealth Enhancement Group

Park Sutton Advisors, a Waller Helms Company (“Park Sutton”), is pleased to have represented M&R Capital Management (“M&R”) on its partnership with Wealth Enhancement Group (“WEG”), one of the nation’s fastest growing wealth managers with $97 billion in client assets, headquartered in Minneapolis, MN. M&R Capital Management was founded in 1993 and is headquartered in Summit, NJ. Led by John Maloney, the team oversees more than $500 million in client assets. M&R specializes in providing customized financial solutions to clients including investment management, separate account management, and retirement planning. 

Jeff Dekko, Chief Executive Officer of Wealth Enhancement Group, said, “John and his team are an excellent addition to our firm. We are pleased that they’ve chosen to join Wealth Enhancement Group. Through our partnership, they can access our extended suite of central services and free up more time to invest in strengthening client relationships and growing their practice.” 

John Maloney, Chairman and Chief Executive Officer of M&R Capital Management, said, “This acquisition represents an exciting new chapter for our firm and our clients. By joining forces with Wealth Enhancement Group, we’re able to enhance our services, expand our resources, and continue to provide personalized financial strategies. Our clients will benefit from the added scale and solutions while maintaining the high level of care and attention they’ve come to expect from us.” 

Matt Kempler, Director at Park Sutton, said, “The M&A market sees sustained interest for growth-minded wealth management firms. Quality New York metropolitan RIAs continue to be in high demand and M&R was able to partner with their firm of choice. John Maloney and his team have built an impressive client-centric business; we are excited to see how their partnership with WEG accelerates growth.”