About Wealth Enhancement
Wealth Enhancement is a company based in Minneapolis (United States) founded in 1997 by Bruce Helmer was acquired by TA in July 2019.. Wealth Enhancement has raised $1.91 million across 5 funding rounds from investors including Onex, TA Associates and Lightyear Capital. The company has 1,277 employees as of December 31, 2023. Wealth Enhancement has completed 58 acquisitions, including 10-15 Associates, AEPG and Atlas Fiduciary. Wealth Enhancement operates in a competitive market with competitors including Fidelity Investments, Investec, Morgan Stanley, Northwestern Mutual and Principal, among others.
- Headquarter Minneapolis, United States
- Employees 1277 as on 31 Dec, 2023
- Founders Bruce Helmer
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.91 M (USD)
in 5 rounds
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Latest Funding Round
$110.24 K (USD), Unspecified
Jun 03, 2025
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Investors
Onex
& 2 more
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Employee Count
1277
as on Dec 31, 2023
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Investments & Acquisitions
10-15 Associates
& 57 more
- Acquired by
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Leadership Team
56 people
Finance and Accounting
38 people
Software Development Team
25 people
Sales and Marketing
11 people
Senior Team
9 people
Product Management Team
9 people
Legal and Compliance
8 people
Operations Team
7 people
Unlock access to complete
Funding Insights of Wealth Enhancement
Wealth Enhancement has successfully raised a total of $1.91M across 5 strategic funding rounds. The most recent funding activity was a Unspecified round of $110.24 thousand completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Unspecified — $110,238
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Unspecified - Wealth Enhancement | Valuation |
investors |
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| Feb, 2024 | Amount | Unspecified - Wealth Enhancement | Valuation |
investors |
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| Jun, 2022 | Amount | Unspecified - Wealth Enhancement | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wealth Enhancement
Wealth Enhancement has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Onex, TA Associates and Lightyear Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Limited information is provided about Onex's activities.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location | |
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Private equity firm investing in financial services sector
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wealth Enhancement
Wealth Enhancement has strategically engaged in corporate development activities, having acquired 58 companies. Notable acquisitions include 10-15 Associates, AEPG and Atlas Fiduciary. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Financial services are provided to clients by the firm.
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2021 | ||||
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Wealth management services are provided by Cimino Wealth Advisors.
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2018 | ||||
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Financial advisory services are offered by the wealth management firm.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Wealth Enhancement
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wealth Enhancement Comparisons
Competitors of Wealth Enhancement
Wealth Enhancement operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fidelity Investments, Investec, Morgan Stanley, Northwestern Mutual and Principal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Wealth management, investment advisory, and financial services are provided.
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| domain | founded_year | HQ Location |
Northwestern Mutual is engaged in financial planning and insurance services.
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| domain | founded_year | HQ Location |
Retirement, investment, and insurance products and services are provided.
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| domain | founded_year | HQ Location |
Asset management and investment advisory services are provided to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wealth Enhancement
Frequently Asked Questions about Wealth Enhancement
When was Wealth Enhancement founded?
Wealth Enhancement was founded in 1997 and raised its 1st funding round 24 years after it was founded.
Where is Wealth Enhancement located?
Wealth Enhancement is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Wealth Enhancement a funded company?
Wealth Enhancement is a funded company, having raised a total of $1.91M across 5 funding rounds to date. The company's 1st funding round was a Unspecified of $985K, raised on Aug 24, 2021.
How many employees does Wealth Enhancement have?
As of Dec 31, 2023, the latest employee count at Wealth Enhancement is 1,277.
What does Wealth Enhancement do?
Wealth Enhancement was founded in 1997 and is headquartered in Minneapolis, United States. Operations focus on the financial services sector, where diversified investment management is handled. Services include portfolio management and advisory support for wealth accumulation. The firm serves clients across various asset classes, with co-founder Bruce Helmer contributing to its leadership. Geographic emphasis remains on the U.S. market.
Who are the top competitors of Wealth Enhancement?
Wealth Enhancement's top competitors include Fidelity Investments, Investec and S&P Global.
How many acquisitions has Wealth Enhancement made?
Wealth Enhancement has made 58 acquisitions, including 10-15 Associates, AEPG, and Atlas Fiduciary.
Who are Wealth Enhancement's investors?
Wealth Enhancement has 3 investors. Key investors include Onex, TA Associates, and Lightyear Capital.
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