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Alera Group continues aggressive acquisition pace with $2.8 billion deal

Alera Group

The purchase of Virginia-based Ascent Group keeps Alera on track to meet its goal of reaching $10 billion in AUM this year.

Alera Group is carrying momentum from 2022 into the new year by adding $2.8 billion of assets under management through the acquisition of The Ascent Group.

The Deerfield, Illinois-based financial services conglomerate announced Wednesday morning that the deal would boost assets under management a

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