NFP and its subsidiary Wealthspire Advisors have reached a deal to acquire ACG Wealth Management, a registered investment advisor based near Richmond, Va.
The companies acquired will be Actuarial Consulting Group, Inc. (ACG) and ACG Advisory Services, Inc. (ACG Advisory), collectively known as ACG Wealth Management. The combined operations of the two entities will provide NFP plan sponsor clients with comprehensive retirement advisory, plan design and administration solutions.
ACG Advisory, an independent RIA with approximately $1 billion in assets and capabilities in both individual wealth management and corporate retirement plan advisory, will be integrated into NFP and Wealthspire.