Alera Group, a financial services and risk management company, has acquired The Waterford Group, a Rochester, New York-based retirement plan specialist providing consulting and fiduciary services to companies.
Following the acquisition, The Waterford Group team will continue serving clients in their existing roles. Terms of the transaction were not disclosed.
The Waterford Group provides 3(38) fiduciary and educational services to employer-sponsored retirement plans and wealth management services.
Alera Group is a financial services and risk management company with more than $500 million in annual revenue offering employee benefits, property/casualty, retirement services and wealth management solutions to clients nationwide.
Source: Alera Group
Topics Mergers & Acquisitions New York
Was this article valuable?
Here are more articles you may enjoy.
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
Owner of Historic Minnesota Resort Charged With Arson, Insurance Fraud 
Viewpoint: Healthcare Cyber Insurance at an Inflection Point 
Applied Systems, Comulate Spar Over Trade Secret Theft Allegations 
