Wealth Enhancement takes another Shufro Rose team

Wealth Enhancement Group has reached an agreement to acquire the Kaminsky-Silverman Group, a New York-based advisory team managing over $554 million in client assets. This transaction represents the second acquisition from the historic Shufro Rose firm in just two days, following a similar deal for the $760 million Shufro-Glass Group. The move highlights the ongoing consolidation within the wealth management sector as national platforms seek to absorb specialized regional teams to expand their scale and service capabilities.

Wealth Enhancement Group is set to integrate the Kaminsky-Silverman Group, a New York-based practice currently part of Shufro Rose. Led by principal and senior financial advisor Tonia L. Kaminsky and senior financial advisor Barbara Silverman, the team manages more than $554 million in client assets and includes two support staff members. This acquisition, which is expected to close in August 2026, will push Wealth Enhancement’s total client assets past the $158 billion mark, further solidifying its position as a major national player in the wealth management space.

The Kaminsky-Silverman Group brings over 50 years of combined experience to the partnership, with a service model centered on comprehensive financial planning, investment management, retirement strategies, and coordinated tax and estate planning. The team is particularly noted for its focus on guiding women through complex life transitions, serving a client base that spans the New York metropolitan area and the broader United States. This acquisition follows Wealth Enhancement's recent agreement to acquire the Shufro-Glass Group, an 88-year-old practice within the same firm that oversees more than $760 million in assets.

Leadership at Wealth Enhancement emphasized that the deal aligns with their strategy of acquiring specialized teams with strong regional reputations. Chief Executive Jeff Dekko highlighted the team's commitment to relationship-driven advice, while Chief Strategy Officer Jim Cahn noted that the partnership offers a meaningful opportunity to extend the group's impact through a national platform. Advisors Kaminsky and Silverman stated that the move allows their clients to benefit from the depth of a larger organization’s capabilities while maintaining the personal touch of an independent practice. DeVoe & Company served as the advisor to the Kaminsky-Silverman Group for this transaction.