October Three to Offer Broker Educational Content Programs
The consulting and technology firm is acquiring Broker Educational Sales & Training and will offer its continuing education programs for insurance and finance professionals.
October Three Consulting LLC, an actuarial consulting and technology firm, announced Wednesday the acquisition of Broker Educational Sales & Training Inc., a provider of continuing education programs for insurance and finance professionals. Details of the deal were not disclosed.
BEST and its educational content, which includes continuing education programs for insurance and financial professionals, will be integrated into October Three’s Retirement Learning Center.
“With this powerful offering, October Three serves advisers at every stage of their practice and delivers the market intelligence, compliance expertise, and design solutions advisers need so they can bring the best possible retirement solutions to their clients,” October Three stated in announcing the deal.
The RLC, which October Three acquired in 2023, provides Employee Retirement Income Security Act consulting and operation support for retirement plan advisers and wealth managers. Since 2023, October Three has offered O3 Prime, a hybrid retirement plan designed to provide participants “predictable retirement income.” O3 Prime consists of two accounts running side-by-side: a 401(k) plan funded by the employee and a cash balance pension plan funded by the employer.
“This acquisition enriches October Three’s value-add ecosystem for advisers and advisory firms,” said Jeff Stevenson, October Three’s founder and CEO, in a statement. “RLC already provides the most comprehensive Resource Consulting Desk in the nation, and B.E.S.T. will expand our CE offering significantly. Together, we offer a unique suite of services that bring significant value to our clients.”
Broker Educational Sales & Training Inc. was founded in 1994.