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Deals & People September 16, 2015
NFP Acquires Qualified and Nonqualified Plan Advisories
NFP scoops up two more advisory firms in the California
market.
Reported by John Manganaro
NFP announced the completed acquisitions of 401k Management Group, Inc. and Campbells Administration, Inc.
From their base in Santa Ana, California, 401k Management Group and Campbells Administration deliver comprehensive consulting and investment advisory services to businesses offering tax-qualified retirement plans. The firms also operate in the non-qualified executive compensation plan market.
David Heroux, Campbells president, assumes the role of director of retirement plan consulting at NFP Retirement, reporting to Nick Della Vedova, president of NFP Retirement.
Della Vedova suggests NFP’s “commitment to providing best-of-breed retirement products and services” couples well with 401k Management Group and Campbells’ extensive experience in retirement plan consulting. Heroux suggests joining NFP will allow the firms to grow and improve the suite of retirement plan services delivered to clients.
The latest acquisitions come after a busy start to the year for NFP. After its December rebranding, NFP continues acquiring independent firms and otherwise adding staff.
Additional information about these and past acquisitions is at www.nfp.com.