Alera Group Acquires The Ascent Group

Alera Group Acquires Advanced Capital Group

September 5, 2024

Financial Services

Alera Group, a national insurance and financial services firm based in Deerfield, Illinois, has acquired Minnesota-based Advanced Capital Group (ACG). The deal adds $24 billion in retirement plan and wealth assets to Alera's Retirement and Wealth Services business (bringing the division to $45 billion); terms were not disclosed.

Alera Group Acquires Trinity Advisors Group

May 13, 2025

Financial Services

Alera Group has acquired West Chester-based Trinity Advisors Group, a retirement plan consulting firm, in an asset purchase to expand Alera's Mid-Atlantic retirement plan capabilities. TAG will operate within The Ascent Group, an Alera company; terms were not disclosed.

Alera Group Acquires Burnham Benefit Advisors, Champion Benefits and VantagePoint Benefit Strategies

September 12, 2018

Insurance

Alera Group, a national employee benefits, property & casualty, risk management and wealth management firm based in Deerfield, Illinois, has acquired three regional employee benefits firms: Burnham Benefit Advisors (Lake Placid, NY), Champion Benefits (Atlanta, GA) and VantagePoint Benefit Strategies (Lester, PA). The acquisitions expand Alera Group's national presence and deepen its capabilities in employee benefits, HR technology, compliance and wellness services.

Alera Group Acquires Six Independent Agencies

January 27, 2022

Financial Services

Alera Group announced the acquisition of six agencies — Cate-Russell Insurance, Foa & Son, Gales Agency, Heritage Risk Management, Vital Incite and Webber & Grinnell — effective December 31, 2021. The additions expand Alera’s geographic footprint and bolster its employee benefits, property & casualty, wealth services and healthcare analytics capabilities across the United States; terms were not disclosed.

Alera Group Wealth Services Acquires Wharton Business Group

June 8, 2022

Financial Services

Alera Group Wealth Services, a division of Alera Group, has acquired Wharton Business Group, an employee-owned Pennsylvania wealth services firm that manages more than $3.5 billion in assets. The deal expands Alera's wealth management AUM and Pennsylvania presence; financial and legal advisors to Wharton Business Group were DeVoe & Company and Alston & Bird, respectively. Terms were not disclosed.

Alera Group Acquires Six Independent Insurance Agencies

December 22, 2021

Insurance

Alera Group, a national insurance and wealth services firm, acquired six independent agencies — Ashbrook-Clevidence, Benefit Design Specialists (BDS), Erich Courant & Co., Heist Insurance Agency, Simkiss & Block and The D.B.L. Center LTD — effective December 1, 2021. The transactions expand Alera Group’s geographic footprint and bolster its property & casualty and employee benefits capabilities across multiple U.S. markets; terms were not disclosed.