Ohio Pen - Wealth Enhancement to Join Forces with Marcum Wealth, an Independent RIA with Over .3 Billion in Client Assets

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MINNEAPOLIS, March 26, 2025 ~ Wealth Enhancement, a leading independent wealth management firm, has recently announced its plans to merge with Marcum Wealth, an independent Registered Investment Advisor (RIA) based in Cleveland, Ohio. The combined team will oversee a total of $4.3 billion in client assets and will be led by Eric Wulff, the current Chief Executive Officer of Marcum Wealth.

The deal is expected to be finalized in May 2025 and will see Marcum Wealth's client assets being added to the already impressive $107.5 billion managed by Wealth Enhancement. This partnership is a strategic move for both firms as they share a common goal of providing exceptional wealth management services to their clients.

Jeff Dekko, the Chief Executive Officer of Wealth Enhancement, expressed his excitement about the collaboration with Marcum Wealth. He stated that both firms have a similar mindset when it comes to delivering top-notch wealth management services and that the partnership will allow them to better serve their clients. Dekko also highlighted the unique advantage of having partners with backgrounds in accounting firms, which enables them to provide advanced planning solutions for complex clients such as business owners and multi-generational families.

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Marcum Wealth was founded in 2006 with a mission to empower their clients by providing them with tools, resources, and technology to take control of their finances. The firm offers comprehensive financial planning and wealth management services for multi-generational families, as well as exit planning and retirement plan solutions for business owners. With its headquarters in Cleveland, Marcum Wealth also has ten other office locations across the Midwest, Mid-Atlantic, New England, and Southeast regions.

Eric Wulff, Chief Executive Officer of Marcum Wealth, emphasized that their clients' best interests have always been at the forefront of every decision made by the firm. He believes that joining forces with Wealth Enhancement will enable them to deliver even more value to their clients while maintaining their personalized approach to service.

Jim Cahn, Chief Strategy Officer of Wealth Enhancement, sees this partnership as an opportunity to expand their reach and help more individuals achieve their financial goals. He mentioned that the merger will allow them to tap into new markets nationwide, including Marcum Wealth's headquarters in Cleveland.

Berkshire Global Advisors played a crucial role in facilitating the transaction as the exclusive financial advisor to Marcum Wealth. With this partnership, both firms are looking forward to a new chapter of growth and success together.

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