Insurance broker and consultant NFP has announced its acquisition of 401k Management Group, Inc. and Campbells Administration, Inc. The transaction closed on May 12.
Based in Santa Ana, California, 401k Management Group and Campbells deliver consulting and investment advisory services to businesses offering tax-qualified retirement and 401(k) savings plans and nonqualified executive compensation plans to their employees.
David Heroux, president of Campbells, assumes the role of director of retirement plan consulting at NFP Retirement.
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