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National Retirement Partners Announces More Acquisitions - February 6, 2008(San Juan Capistrano, CA) National Retirement Partners, Inc. (NRP), one of the nation’s largest networks of independent retirement plan focused advisors, announced today that it has closed on the acquisition of four advisory groups, thus completing their latest round of the firm’s acquisition strategy. In addition to the affiliation of over 86 advisory firms with 107 offices in 36 states, NRP has now completed the acquisition of 12 firms and is scheduled to close an additional 6 firms in the first quarter of 2008.
The new acquired firms and their principals are:
Corporate Advisor Group:
Chip Morton
Destin, FL
Alford-Jungers Financial & Insurance Services, Inc:
Darrell Alford
Lisa Jungers
San Diego, CA
Inter-Mountain Retirement Partners:
Chad Larsen
Denver, CO
Chepenik Financial:
Barney Chepenik
Jason Chepenik
Orlando, FL
Chad Larsen of Inter-Mountain Retirement Partners holds the distinction of being named the 2007 Plan Sponsor Magazine Retirement Advisor of the Year.
Commenting on the acquisition, Corporate Advisor Group co-founder Chip Morton stated, “We are a truly retirement plan focused firm and our decision to formally align the financial success of our firm with NRP reinforces our commitment to the needs of our plan sponsor clients and participants.” Based in Destin, FL Corporate Advisor Group also operates offices in Birmingham, AL and Louisville, KY. “In addition to being top notch retirement plan practitioners who are truly focused on the best interests of their clients, each of our newly acquired firms have also demonstrated tremendous growth and have an interest in developing successful strategies for leveraging participant relationships into wealth management clientele;” said NRP president and CEO Bill Chetney. “NRP will continue to focus on assisting our affiliated and acquired firms with a simple strategy: facilitate great client service and strong practice growth.”
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About National Retirement Partners
National Retirement Partners, Inc. (NRP) is one of the country’s largest networks of independent advisors who provide consulting and investment services to retirement plan sponsors and participants nationwide. NRP is dedicated to supporting advisors who service the retirement plan marketplace. Our independent perspective has been utilized by thousands of companies nationwide, with billions in retirement plan assets. Sharing diverse talents, expertise and a common focus, NRP Member Firms are able to deliver to clients what had traditionally only been available to larger firms - heightened best practices and investment due diligence, open architecture plan analysis and design, independent vendor search and benchmarking analysis and high quality service and communications. For more information about NRP, please visit www.n-r-p.com. |