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Gallagher swoops for wealth management platform- Newshubweek

Gallagher swoops for wealth management platform
Written by Arindam


Gallagher swoops for wealth management platform

Arthur J. Gallagher & Co. has announced that it has acquired the f3 Companies. The terms of the transaction were not disclosed.

Included in the deal were Minnesota-based f3Logic and f3Investment Management, Virginia-based Financial Consultants of America, Massachusetts-based Compass Point Retirement Planning, and Minnesota-based Kusske Financial Asset Management.

The f3 Companies are a wealth management platform with more than $1 billion in assets under management. They provide retirement planning and financial advisory services to individuals, individual advisors and registered investment advisory firms. The f3 Companies will remain in their current locations under the direction of Jeff Leonard, Gallagher’s North American business line leader for retirement and financial services.

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“f3’s highly regarded platform strengthens our retirement plan consulting services and will enhance our financial planning growth opportunities,” said J. Patrick Gallagher Jr., chairman, president and CEO of Arthur J. Gallagher. “Their practices align with our commitment to helping organizations, individuals and communities face their future with confidence with financial planning services that help better position workers for retirement success, and I am delighted to welcome this firm to our growing company.”

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