Wealth Enhancement Expands Texas Presence with XO Wealth Management Acquisition

Wealth Enhancement, a prominent name in the independent wealth management sector, has recently made waves in the financial services industry by acquiring XO Wealth Management, a well-respected Registered Investment Advisor (RIA) based in Dallas, Texas. This strategic move not only enhances Wealth Enhancement's operational footprint in Texas, but it also signifies a value-driven partnership aimed at providing superior financial services to a growing client base.

The acquisition marks Wealth Enhancement's eleventh location in Texas, bolstering its commitment to serving clients across the nation. With the addition of XO Wealth Management, the firm's total client assets rise to an impressive $107.5 billion. The Dallas-based team, which oversees more than $516 million in client assets, is directed by seasoned professionals including Matthew Fuller, the Founder and Managing Director, along with Managing Director Stephen Valelly, and First Vice President Carl Carlos.

Jeff Dekko, CEO of Wealth Enhancement, expressed enthusiasm about the partnership, stating, "Since 2016, the XO Wealth Management team has shown an unwavering commitment to helping their clients pursue their financial goals. We are honored that XO Wealth Management has chosen to partner with Wealth Enhancement to further grow their practice." This sentiment underlines the dual focus on client-centric service and professional growth that both firms share.

XO Wealth Management has built a solid reputation for its comprehensive wealth management services, which encompass financial planning, wealth preservation, and risk management. The team collectively boasts over a century of experience, catering mainly to high-net-worth individuals, ultra-high-net-worth clients, entrepreneurs, and business owners. Their individualized approach to crafting financial strategies ensures that clients' wealth is not only optimized for today but also safeguarded for future generations.

Matthew Fuller articulated the excitement on the XO Wealth Management side, noting, "We are excited to team with Wealth Enhancement, a nationally recognized firm in the industry. Joining forces allows us access to resources that will enable us to expand the capabilities we can offer to our clients." This collaboration aims to bring richer resources and expertise to the clients, allowing both teams to leverage their strengths more effectively.

Jim Cahn, Wealth Enhancement’s Chief Strategy Officer, highlighted the impressive nature of XO Wealth Management's practice, expressing eagerness for the collaborative efforts that lie ahead. The integration represents a significant opportunity not just for geographical growth within Texas—recognized as one of the nation's fastest-growing markets—but also for enhancing service offerings and client satisfaction.

Under this new alliance, XO Wealth Management will operate as the XO and Skyline Teams at Wealth Enhancement. The rebranding signifies a merging of identities while still allowing for the profound expertise each team brings to the table.

In terms of financial advisory services, Wealth Enhancement has been a frontrunner in innovating financial planning techniques. Its unique team-based Roundtable™ and UniFi processes set the firm apart in the competitive wealth management landscape. These methods go beyond conventional strategies to provide personalized financial solutions tailored to the specific needs of clients.

Since its inception in 1997, Wealth Enhancement has consistently set high standards in wealth management by delivering specialized knowledge and attentive service, ultimately helping every client to shape a secure and prosperous financial future. This acquisition further exemplifies their philosophy and commitment to enriching clients' lives.

As of February 28, 2025, Wealth Enhancement and its Registered Investment Advisor, Wealth Enhancement Advisory Services, boasted an impressive $107.5 billion in total client assets, including approximately $4 billion of brokerage assets held at LPL Financial. With the integration of XO Wealth Management, these figures are poised to continue growing.

The partnership not only benefits Wealth Enhancement and its new Dallas-based team but also serves the broader community of clients who are looking for guidance in achieving their financial aspirations. For further information about Wealth Enhancement and their services, visit Wealth Enhancement.

In conclusion, this acquisition encapsulates a significant step forward for both organizations, paving the way for more robust, innovative, and client-focused wealth management solutions in an ever-evolving financial landscape.