WealthPlan Partners Acquires Klauke Investments & Insurance Services

Strategic Insights -

WealthPlan Partners, LLC, a national Registered Investment Adviser, has acquired Klauke Investments & Insurance Services, a respected wealth management firm in Onalaska, Wisconsin. With $275 million in assets under management, Klauke Investments has served small business owners since 1983. The partnership strengthens both firms, aligning shared values and enhancing service to clients nationwide. The acquisition is a strategic move by WealthPlan Partners to expand its presence and offer more comprehensive wealth management services to its clients.

Key Takeaways:

  • WealthPlan Partners, LLC, a national Registered Investment Adviser, has acquired Klauke Investments & Insurance Services, a comprehensive wealth management firm in Onalaska, Wisconsin.
  • Klauke Investments was founded in 1983 by Michael Klauke, CLU, ChFC, and serves over 300 clients with assets under management of approximately $275 million.
  • The firm uses a straightforward investment approach, coupled with a bucket strategy for retirement income planning, ensuring that clients can confidently navigate their financial futures.
  • Mike Klauke, the firm's founder, is a respected figure in the community, having served on multiple boards, supported local charities, and even hosted a successful radio show for many years.
  • WealthPlan Partners' CEO, Patrick Brewer, stated that the firm's core values align seamlessly with Klauke Investments' operation, fostering a strong cultural fit between the two organizations.
  • WealthPlan Partners is a full-service wealth management and financial planning firm, offering a wide range of fee-based services, including investment management, financial planning, family office support, retirement planning, estate and tax strategies, and insurance solutions.
  • The company has a national presence with over 10 offices across the U.S. and employs more than 50 people.

Statistics:

  • Klauke Investments has approximately $275 million in assets under management.
  • The firm serves over 300 clients, primarily small business owners and hardworking Americans.
  • WealthPlan Partners is a full-service wealth management and financial planning firm with over 10 offices across the U.S.
  • The company employs more than 50 people.

Sources:

  • "WealthPlan Partners, LLC Announces Acquisition of Klauke Investments & Insurance Services" (PRNewswire-PRWeb, September 27, 2024)
  • "About WealthPlan Partners" (WealthPlan Group, LLC website)
  • Michael Klauke, CLU, ChFC, founder of Klauke Investments & Insurance Services
  • Patrick Brewer, CEO of WealthPlan Partners
  • Todd Feltz, Founder of WealthPlan Partners