Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has added to its employee benefits practice and expertise with the acquisition of Mosse & Mosse Associates LLC’s commercial benefits and consulting operations. Terms of the deal were not disclosed.
As a boutique brokerage and consulting firm founded in 1989 and based in Lynnfield, Mass., Mosse & Mosse provides both employee benefits and retirement plan consulting.
Mosse & Mosse’s clients span 37 states domestically as well as several foreign countries, competing in industries including automotive, farm equipment, printing and marketing, HVAC, insurance, industrial products, auto dealerships, power systems and food processing, among others.
Its plan types including defined contribution, defined benefit and non-qualified plans, and its retirement plan consulting services cover investment consulting, plan design and operational analysis, as well as regulatory and compliance consulting support.
In October 2016, Risk Strategies announced its purchase of TSG Financial, a Long Island, NY-based firm with similar specialties in employee benefits, wealth management and retirement planning. That acquisition marked Risk Strategies’ first formal entry into the retirement and financial planning consultancy space.
As a separate operation, Mosse & Mosse School and Municipality Insurance Services, was not included in the acquisition of Mosse & Mosse Associates LLC.
Source: Risk Strategies Company
Topics Mergers & Acquisitions Massachusetts Employee Benefits
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