If you want to buy stuff that may make you a bit faster then go for it, but dont expect miracles as has been said.
This thread has probably said everything, apart from asking what terrain you are riding and where your difference in ability becomes an issue.
If he is dropping you on climbs then some super lightweight wheels might help a little but realistically not the difference between being dropped or not.
If he is dropping you on the flats then you need to learn to hold a wheel better. Flats are where an aero wheelset will help most, but its benefit will be negligible if you are sat on his wheel.
You also need to ask what type of ride you are doing together, is it a gentle ride where you are chatting side by side or is it a balls out training ride? If the former then he should be happy to slow down, if the latter then just sit on his wheel and let him do the work.
This sort of scenario comes up all the time in dysfunctional groups, the stronger riders attack on the hills dropping the weaker / heavier riders, the weaker guys kill themselves, but then once over the top the stronger guys sit in and let the weaker guys do the work until the next hill, and so it repeats. If you’re the stronger ride you need to do your work when it benefits the group (on the flats), not when it allows you to swing your c0ck the most and if you know your not the strongest, stay off the front!