Alera Group, a top independent national insurance and wealth services firm, announced today the acquisition of DFG 401(k) Advisors, an independent qualified retirement plan services company that works with employers to maximize their retirement plan outcomes by increasing effectiveness.
“We are a dedicated team of industry professionals, protecting fiduciaries from corporate and personal financial liability and enhancing potential return-on-plan investment opportunities,” said Jeff Anderson, President and Managing Partner at DFG 401(k) Advisors. “For more than 30 years, we have enabled conscientious companies to effectively scrutinize and benchmark their 401(k) plans with the goal to improve benefits, save money, streamline administration and ensure compliance amid the confusion of changing legislation and regulations.”
Based in Phoenix, Arizona, DFG 401(k) Advisors, provides a variety of services in fiduciary guidance, plan performance and employee financial wellness. Well-versed in industry best practices, DFG 401(k) Advisors provides insight into evaluating plan structures and recommends new and improved ways to boost efficiency and contain costs to further benefit participants.
“DFG 401(k) Advisors is dedicated to helping clients execute the best strategies in order to achieve their desired level of financial security,” said Alan Levitz, CEO of Alera Group. “The team is aligned with Alera Group as it endeavors to exceed client expectations, as they provide quality retirement solutions. We look forward to welcoming this team to Alera Group and expanding our footprint in Arizona.”
DFG 401(k) Advisors joins Alera Group under the name BCG 401(k) Advisors through Benefit Commerce Group (BCG), an Alera Group company headquartered in Scottsdale, Arizona. Wise Rhino Group served as exclusive advisor to DFG 401(k) Advisors. The BCG 401(k) Advisors team will continue serving clients in their existing roles. Terms of the transaction were not announced.
About Alera Group
Alera Group is an independent, national insurance and wealth services firm with more than $1 billion in annual revenue, offering comprehensive employee benefits, property and casualty insurance, retirement plan services and wealth services solutions to clients nationwide. By working collaboratively across specialties and geographies, Alera Group’s team of more than 3,500 professionals in more than 150 offices provides creative, competitive services that help ensure a client’s business and personal success. For more information, visit aleragroup.com or follow us on LinkedIn.