Articles from Alera Group

Alera Group, a leading national insurance and financial services firm, announced today it is expanding its Mid-Atlantic footprint with the acquisition of West Chester-based Trinity Advisors Group (TAG), a retirement plan consulting firm.

Alera Group, a top independent national insurance and financial services firm, announced a significant expansion to its wealth management and retirement plan solutions, driven by new leadership and a commitment to accelerated growth through strategic acquisitions and partnerships. With $1.5 billion in gross revenue and more than 4,500 colleagues nationwide, Alera Group is uniquely positioned to provide comprehensive financial services, including wealth management, retirement plan and life insurance solutions, property and casualty insurance and employee benefits.

Alera Group, a top national insurance and financial services firm, announced today the acquisition of Minnesota-based Advanced Capital Group (ACG). The acquisition adds $24 billion in retirement plan and wealth assets. Alera Group continues to grow in the Retirement and Wealth space, and this new acquisition brings Alera Group Retirement and Wealth Services to a total of $45 billion across both businesses.

Alera Group, a top national insurance and financial services firm, today announced that its president, Jim Blue, will become Chief Executive Officer, effective January 1, 2025. He will succeed Alan Levitz, who will become Alera Group’s Executive Chairman.

Alera Group, a top independent national insurance and financial services firm, announced today the acquisition of Fraser Group, a retirement plan consulting practice led by retirement industry leader George Fraser. Fraser and his Scottsdale, Arizona-based team will continue in their existing roles and combine operations with the retirement plan services division of Benefit Commerce Group, an Alera Group Company (BCG). Scottsdale-based BCG provides diversified services across employee benefits, commercial property and casualty insurance and retirement plan services.

Alera Group, a top independent national insurance and financial services firm, announced the creation of a new chief investment officer (CIO) role for its Wealth Services and Retirement Plan Services divisions. B.J. Webster, an industry veteran and managing partner of Pennsylvania-based Wharton Business Group, an Alera Group company, will assume the CIO responsibilities alongside his continuing work with clients. Alera Group Wealth Services oversees more than $7.5 billion in assets under management. Alera Group Retirement Plan Services advises on about $7.5 billion of assets.

Alera Group, a top independent, national insurance, wealth and retirement plan services firm, today announced the acquisition of Virginia Beach-based The Ascent Group and affiliated companies. The acquisition adds significant assets under management to two Alera Group divisions: approximately $1.5 billion within Alera Group Wealth Services’ registered investment advisor (RIA) business and $1.3 billion within Alera Group Retirement Plan Services.

Alera Group Wealth Services, a division of Alera Group, a top independent, national insurance and wealth services firm, today announced the acquisition of Benson Blackburn, a Naples, Florida-based specialized insurance consultancy with a focus on ultra-affluent families and closely held businesses. The acquisition continues Alera Group Wealth Services’ strategic effort to expand by finding firms serving well-defined niches and embracing a wide range of advisor business models.

Alera Group Retirement Plan Services today welcomes Christian Mango, AIF®, AIFA® as Executive Vice President and national practice leader of its Retirement Plan Services division. Mango brings more than 25 years of financial industry and leadership experience to the role.

Alera Group Wealth Services, a division of Alera Group, a top independent, national insurance and wealth services firm, today announced the acquisition of Johnson Brunetti, a retirement and investment specialist based in Connecticut with eight offices in the Northeast and one in Atlanta, Georgia. Through its RIA arm, Johnson Brunetti manages approximately $1.5 billion in client assets. The firm also oversees another $1.5 billion of annuity and insurance assets.

Alera Group Wealth Services, a division of Alera Group, a top independent, national insurance and wealth services firm, today announced the acquisition of Wharton Business Group (WBG), an employee-owned wealth services firm in Pennsylvania that manages more than $3.5 billion in assets for business owners and institutions. This acquisition significantly increases AUM for Alera Group Wealth Services.

Alera Group, a top independent, national insurance and wealth services firm, announced today the acquisition of six agencies: Cate-Russell, Foa & Son, Gales Agency, Heritage Risk Management, Vital Incite and Webber & Grinnell. Effective December 31, 2021, the addition of the new locations will bolster services and expertise across wealth services, property and casualty insurance and employee benefits solutions.

Alera Group, a top independent, national insurance and wealth services firm, announced today the acquisition of six agencies: Ashbrook-Clevidence, Inc., Benefit Design Specialists (BDS), Erich Courant & Co, Heist Insurance Agency, Simkiss & Block and The D.B.L. Center LTD. Effective December 1, 2021, the addition of the new locations will bolster services and expertise across property and casualty insurance and employee benefits solutions.

Alera Group, a top independent, national insurance and wealth management firm, announced today the acquisition of two agencies: Bagwell & Bagwell Insurance and Blue Communications. Effective October 1, 2021, the addition of the new locations will bolster services and expertise across property and casualty insurance and employee benefits solutions.