Alera Group Wealth Services Acquires Benson Blackburn

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 Wealth Services Acquires Johnson Brunetti

August 1, 2022

Wealth Management

Alera Group Wealth Services, a division of Alera Group, has acquired Johnson Brunetti, a Connecticut-based retirement and investment specialist that manages approximately $1.5 billion in RIA client assets and oversees another $1.5 billion of annuity and insurance assets. The acquisition adds geographic presence in the Northeast and Atlanta and is intended to leverage Alera's back-office, technology and centralized investment services; 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.

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 Bailey & Company Benefits Group

December 12, 2018

Insurance

Alera Group, a national independent insurance agency based in Deerfield, Illinois, has acquired Cincinnati-based Bailey & Company Benefits Group, an employee benefits firm. The acquisition expands Alera's employee benefits capabilities and local presence in the Cincinnati market; terms were not disclosed.

Alera Group Acquires Boston Benefit Partners

June 4, 2021

Insurance

Alera Group has acquired Boston Benefit Partners (BPP), a Boston-based health and welfare consulting and brokerage firm. The deal expands Alera Group’s employee benefits capabilities and footprint in Massachusetts; terms were not disclosed.