NFP Acquires California Adviser

Benefits broker and consultant NFP has acquired Meridian Retirement Plan Advisors; the transaction closed on March 3.

After its December rebranding, NFP continues acquiring firms and adding staff. Its latest addition, Meridian Retirement Plan Advisors, offers services in retirement consulting, investment advisory and plan administration tailored to the small- to mid-sized pension market in southern California.

John Nelson, president and chief executive officer of Meridian, has been appointed director of retirement planning consulting at NFP Retirement. He will report to Nick Della Vedova, president of retirement at NFP.

Della Vedova cited Meridian’s expertise in small and mid-sized companies as a selling feature for NFP’s retirement plan consulting offerings that would help the firm diversify its service offerings.

New York-based NFP, an insurance broker and consultant, provides employee benefits, property and casualty (P&C), retirement and individual insurance and wealth management solutions.

More information is on NFP’s website.