AJG - Arthur J. Gallagher acquires f3 Companies

• Arthur J. Gallagher ( NYSE: AJG ) has acquired wealth management platform, f3 Companies.
• Terms of the transaction were not disclosed.
• The deal covers Burnsville, Minnesota-based f3Logic; Burnsville, Minnesota-based f3Investment Management; Richmond, Virginia-based Financial Consultants of America; Wakefield, Massachusetts-based Compass Point Retirement Planning; and Burnsville, Minnesota-based Kusske Financial Asset Management.
• The f3 Companies are a wealth management platform with over $1B in assets under advisement. It provides retirement planning and financial advisory services to individuals, individual advisors and registered investment advisory firms.
• The businesses will continue to operate from their current locations under the direction of Jeff Leonard, Gallagher's North American Business Line Leader for Financial and Retirement Services.

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