Wealth Enhancement Group has acquired Los Angeles-based Oakwood Capital Management, adding $1.04 billion in client assets and expanding its West Coast presence. This marks Wealth Enhancement Group’s second Southern California acquisition, following Pillar Pacific Capital Management earlier this year. Oakwood Capital Management, founded in 1998, serves high-net-worth professionals, retirees, and tech-savvy clients with wealth management, investment management, and financial planning services. With five financial advisors among 14 employees, Oakwood brings proprietary investment strategies and a strong local client base. Under the new arrangement, the practice will operate as the Oakwood Team at Wealth Enhancement Group, with Bruce Mandel serving as Managing Director. Wealth Enhancement Group plans to provide technology, operational support, and resources to streamline services while preserving the personal touch clients expect. Total client assets for Wealth Enhancement Group are projected to surpass $37 billion following the transaction, reflecting its ongoing strategy of scaling through strategic acquisitions…