BKS-Partners Forms Partnership with Montoya & Associates of Florida

September 21, 2018

Baldwin Krystyn Sherman Partners (BKS-Partners), an insurance brokerage and risk management firm headquartered in Tampa, Fla., has partnered with Montoya & Associates of Jacksonville, Fla. The partnership finalized on Thursday, Aug. 2, 2018.

The advisors at Montoya & Associates will continue to conduct Wealth Management business under the Montoya Name in conjunction with Kestra Investment Services, LLC and Kestra Advisory Services, LLC. Employee Benefits, Private Risk Management, Commercial Risk and Retirement Plan Services will operate under the BKS-Partners name in conjunction with Kestra Advisory Services, LLC.

Montoya & Associates provides clients with a holistic approach to the oversight of business and financial needs with a team of associates and staff who have been working for more than 30 years delivering employee benefits, risk protection, and financial services to clients.

BKS-Partners has several locations throughout the Southeast representing over 250 employees. It has a nationwide network of clients and has been strategically expanding its footprint throughout the Southeast. The partnership with Montoya & Associates marks their first office in the Jacksonville market. Earlier this Year, BKS-Partners acquired Cadence Insurance and Midsouth Benefits which introduced them into Alabama, Georgia, and Texas.

Montoya & Associates’s transition to the Baldwin Krystyn Sherman platform is in progress. MarshBerry is the investment banking and consulting firm brokering the transaction on behalf of Montoya & Associates.

BKS-Partners offers commercial insurance and risk management, private insurance and risk management, employee benefits and benefit administration, asset and income protection, and risk mitigation products to clients.

Topics Mergers & Acquisitions Florida Risk Management

Was this article valuable?

Here are more articles you may enjoy.