Wealth Enhancement Firm Expands by Acquiring L.M. Kohn & Company, Boosting Client Assets to Over $131 Billion

Wealth Enhancement Expands Through Strategic Acquisition

In a significant move for the financial services landscape, Wealth Enhancement, a national independent wealth management firm, has announced its acquisition of L.M. Kohn & Company. This strategic alignment will bolster Wealth Enhancement's assets under management, bringing their total client assets to an impressive $131 billion.

Founded in 1990, L.M. Kohn, based in Cincinnati, Ohio, primarily serves select individual investors and financial professionals. The firm, led by founder and CEO Larry Kohn, oversees over $2.2 billion in client assets with a dedicated team of 23 employees. L.M. Kohn has built a reputation over three decades for exceptional service focusing on fiduciary care, transparency, and the importance of long-term relationships in financial stewardship.

Jeff Dekko, CEO of Wealth Enhancement, expressed enthusiasm about the acquisition, noting, "Larry Kohn has built a strong legacy of exceptional service and comprehensive wealth management for more than three decades. L.M. Kohn's dedication to clients and community mirrors our own values. We look forward to welcoming the team's deep bench of talent to Wealth Enhancement."

Larry Kohn echoed this sentiment, stating, "I founded L.M. Kohn & Company with the belief that clients deserve independent, thoughtful financial guidance built on trust. Joining forces with Wealth Enhancement allows us to stay true to that mission while giving our clients access to even more sophisticated tools, services, and specialists—all without losing the personalized relationships that set us apart."

The integration of L.M. Kohn not only aligns with Wealth Enhancement’s growth strategy but also enhances its national presence, particularly across the Midwest and South. Jim Cahn, Chief Strategy Officer at Wealth Enhancement, emphasized that L.M. Kohn's planning-first philosophy complements their firm’s strategic vision.

The acquisition was finalized on December 6, 2025, following consultation with ECHELON Partners, which acted as the exclusive financial advisor to L.M. Kohn during the transaction. This partnership is expected to take Wealth Enhancement’s offerings to the next level by providing access to advanced tools and specialized services, enabling them to better serve an expanding client base.

Wealth Enhancement, with its extensive experience in personalized financial planning and investment management, boasts a growing structure of 162 offices across the nation. Since its inception, it has been committed to raising the standard of wealth management. Their processes, including the innovative Roundtable™ and UniFi, promise tailored financial plans that meet the unique needs of individual clients, reflecting the firm’s dedication to enriching their lives.

As Wealth Enhancement continues to expand through strategic acquisitions, they reaffirm their core mission: to empower individuals through responsible and transparent financial management. This transaction not only marks a pivotal point in their trajectory but also serves as a testament to their unwavering commitment to client success in a competitive market.

For more information about Wealth Enhancement and their services, visit www.wealthenhancement.com.

This blog aims to inform clients and industry peers regarding significant changes within the wealth management sector, highlighting how integrations such as these help firms redefine standards in service quality and client satisfaction.

Wealth Enhancement continues to position itself as a leader in wealth management, committed to creating a transparent, resourceful, and highly personalized experience for all its clients.