HomeInsuranceNFP acquires Utah company | Insurance coverage Industry The united states

NFP acquires Utah company | Insurance coverage Industry The united states

NFP acquires Utah company | Insurance coverage Industry The united states

Transfer will extend its wealth control and retirement plan features

NFP acquires Utah firm

Insurance coverage Information

By way of
Mika Pangilinan

NFP has bought Divergent Wealth Advisors, LLC, an impartial registered funding consultant based totally in South Jordan, Utah.

Divergent makes a speciality of turning in holistic wealth control answers and retirement making plans products and services. It has greater than $675 million in belongings below control as of August 2023.

As a part of the purchase, Divergent co-founders Jordan Collins and Brady Ririe will sign up for NFP and report back to Jeff Scott, senior vice chairman, retirement.

“We’re very excited to welcome Jordan and Brady to NFP,” stated Scott. “We’re increasing our wealth control and retirement plan features, whilst expanding our presence within the fast-growing Western US. We’re additionally including a bunch of proficient wealth advisors who’re dedicated to turning in an excellent shopper enjoy constructed on a basis of consider and fiduciary care.”

Mike Schneider, president of NFP’s Central and West areas, additionally commented at the importance of this acquisition and the way it provides to the corporate’s current presence in Utah.

“Including Divergent builds on our well-established presence in Utah and underscores our focal point on scaling our wealth control and retirement experience within the Western US and past,” stated Schneider. “This acquisition additionally reinforces that NFP is a phenomenal choice for increasing corporations that price tradition and who can have the benefit of the sources and beef up NFP gives.”

In a joint commentary, Divergent’s co-founders expressed their enthusiasm for becoming a member of NFP and contributing to the group’s enlargement.

“We’re overjoyed to enroll in NFP and start contributing to the good fortune of a increasing, people-first group,” stated Collins and Ririe. “We all know our shoppers have wishes past wealth control and retirement, and as a part of NFP we’ve got a good chance to introduce a breadth of answers that addresses those wishes.”

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