- Alliance Benefit Group Southwest or ABGSW, a retirement administration and record-keeping firm based in Albuquerque, NM, will join Focus Financial ( NASDAQ: FOCS ) partner firm Sentinel Benefits Group which is part of Sentinel Group, headquartered in Wakefield, MA.
- The transaction is expected to close in Q1 2023.
- This transaction will position Sentinel for further growth in the Southwest and enable it to leverage a strong team with extensive experience.
- Rudy Adolf, Founder, CEO and Chairman of Focus. "This is Sentinel's sixth merger since joining Focus and will further enhance the depth and scale of its retirement plan business. ABGSW will allow Sentinel to expand into a new client segment and add a talented team of individuals based in the Southwest, as well as a loyal client base. Since joining the Focus partnership, Sentinel has continued to grow into new geographies and added additional service offerings, demonstrating the value that we offer our partner firms in helping them scale their businesses within their specific areas of expertise."
For further details see:
Alliance Benefit Group Southwest to join Sentinel Group, partner firm of Focus