Integrated Pension Services, the Boston, Massachusetts-based retirement and pension services arm of Integrated Partners, has acquired Benefits 21, a unit of Friedman LLP that is in the same business.
Friedman, based in New York City, is a large certified public accounting firm.
Integrated Pension Services has $300 million in assets in 246 retirement plans with a total of 4,300 participants. Benefits 21 has 184 plans with a total of $400 million in assets and 3,800 participants.
The terms of the acquisition were not disclosed.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
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