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View More Press Releases by NFP Corp.

Press release:

NFP Acquires Meridian Retirement Plan Advisors

Issued by: NFP Corp.

Date: May 26, 2015

Addition expands retirement consulting capabilities

NEW YORK, May 26, 2015 -- NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement, and individual insurance and wealth management solutions, has acquired Meridian Retirement Plan Advisors. The transaction closed on March 3, 2015.

Teamed with a professional staff distinguished by its breadth of specialized knowledge, Meridian offers a comprehensive approach to retirement consulting, investment advisory and plan administration. Its targeted services have been developed to cater to the small- to mid-sized pension market in southern California.

Meridian’s President and Chief Executive Officer, John Nelson, has been appointed Director of Retirement Planning Consulting at NFP Retirement, where he will report to Nick Della Vedova, President of NFP Retirement.

“As NFP continues to expand its national and international footprint, we strive to bring on the best talent and resources that will personally serve each client,” said Della Vedova. “We are thrilled to welcome Meridian and its team of dedicated specialists to the NFP family. Their expertise in working with small and mid-sized companies will strengthen NFP’s retirement plan consulting offerings and help us to provide more diversified services.”

Nelson also commented, “This is an exciting time for the Meridian team, joining a firm as widely recognized as NFP is within the industry. We are excited to combine efforts with NFP and look forward to applying our services to its already progressive platform.”

About NFP

At NFP Corp., our solutions and expertise are matched only by our personal commitment to each client's goals. We are a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement, and individual insurance and wealth management solutions. Our registered investment adviser and broker-dealer empowers independent financial advisors with integrated technology, subject matter expertise and a suite of customized services.

NFP has more than 3,200 employees and global capabilities. Our expansive reach gives us access to the most highly rated insurers, vendors and financial institutions in the industry, while our locally based employees tailor each solution to meet our clients' needs. We have become one of the largest insurance brokerage, consulting and wealth management firms by building enduring relationships with our clients and helping them realize their goals.

Recently NFP was ranked by Business Insurance as the 5th largest global benefits broker by revenue, the 4th largest US-based privately owned broker and the 11th largest broker of US business. In addition, PlanSponsor named us the 5th largest executive benefits provider of nonqualified deferred compensation by number of plans, and we were ranked 11th in personal lines P&C revenue by Insurance Journal. Our independent broker-dealer ranked 11th in annual revenue by Investment Advisor, and Rep ranked it the 6th highest in advisor production by assets under management.

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