Wealth Enhancement Announces Acquisition of Arbor Capital Management, an Independent RIA with over $345 Million in Client Assets
MINNEAPOLIS, Sept. 3, 2026
Press Release Disclaimer: This is a press release distributed through the XPR Media network. It has not been independently verified by our newsroom.

![]()
Wealth Enhancement Announces Acquisition of Arbor Capital Management, an Independent RIA with over $345 Million in Client Assets
PR Newswire
MINNEAPOLIS, Sept. 3, 2026
The partnership establishes Wealth Enhancement’s first location in Alaska and brings the firm’s total client assets to more than $161.7 billion.
MINNEAPOLIS, Sept. 3, 2026 /PRNewswire/ — Wealth Enhancement, a national independent wealth management firm dedicated to enriching clients’ lives, announced it has acquired the investment advisory business of Arbor Capital Management, an independent RIA with locations in Anchorage and Fairbanks, Alaska. The team of four advisors and two support professionals is led by Matthew Kolesky, CDAA, President and Investment Advisor Representative, and Ty Schommer, AIF®, CFP®, CIMA®, Principal and Investment Advisor Representative, and manages over $345 million in client assets.
Jeff Dekko, Chief Executive Officer of Wealth Enhancement, said, “Arbor Capital Management has deep roots in Alaska and relationships that extend well beyond the state. For three decades, Matthew, Ty and their team have demonstrated that meaningful advice is not bound by geography. Their combination of personal connection and sophisticated planning has built an enduring advisory business, and we are proud to support its continued growth.”
Founded in 1996, Arbor Capital Management has provided fiduciary wealth management and comprehensive financial planning services to individuals, families, business owners, retirement plans, and institutional clients. The firm serves clients nationwide and specializes in helping pre-retirees, retirees, corporate executives, and business owners navigate complex financial needs. Its comprehensive approach spans customized investment management, retirement planning, tax planning, trust and estate planning, equity compensation, and multigenerational planning, helping clients navigate life transitions.
Matthew Kolesky said, “For almost 30 years, Arbor Capital Management has been built on a simple principle: always put our clients first. Joining Wealth Enhancement allows us to preserve the personalized relationships and fiduciary approach our clients have come to expect. Most importantly, our clients will continue working with the same trusted team, now backed by one of the nation’s leading wealth management firms.”
Ty Schommer said, “Our clients have always trusted us to help them navigate life’s most important financial decisions. By joining Wealth Enhancement, we’re able to enhance that experience with access to a broader team of specialists, deeper planning resources and advanced technology. It’s the best of both worlds.”
Jim Cahn, Chief Strategy Officer of Wealth Enhancement, said, “Alaska is a new market for Wealth Enhancement, and Arbor Capital Management gives us a partner with long-standing credibility there from day one. The team’s experience, community ties, and deep understanding of the Alaska market provide a strong foundation as we expand into our 41st state.”
The acquisition closed on August 31, 2026.
For more information about partnering with Wealth Enhancement, visit: https://www.wealthenhancement.com/partner-with-us.
About Wealth Enhancement
Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable™ and UniFi processes that go far beyond the standard approach. We proudly provide tailored financial plans and investment management services to serve the unique needs of our clients from over 194 offices – and growing – nationwide. Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.
Advisory services offered through Wealth Enhancement Advisory Services, LLC (WEAS), a registered investment advisor. Securities offered through Wealth Enhancement Brokerage Services, LLC, member FINRA/SIPC.
Wealth Enhancement and its registered investment advisor, Wealth Enhancement Advisory Services, had $160.1 billion in client assets, including $5.5 billion in brokerage assets with Wealth Enhancement Brokerage Services, as of July 31, 2026. Arbor Capital Management had approximately $345 million in client assets as of August 11, 2026. With the addition of Arbor Capital Management and previously announced acquisitions, Wealth Enhancement will have more than $161.7 billion in client advisory, trust, and brokerage assets, including $6.1 billion in assets with Advisory Solutions Group, LLC, a registered investment advisor.
Media Contacts
Amanda Parries
Sr Public Relations Specialist
aparries@wealthenhancement.com
Prosek Partners, on behalf of Wealth Enhancement
pro-wealthenhancement@prosek.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/wealth-enhancement-announces-acquisition-of-arbor-capital-management-an-independent-ria-with-over-345-million-in-client-assets-302868473.html
SOURCE Wealth Enhancement
