ROLLING MEADOWS, Ill.,
June 6, 2019 /PRNewswire/ -- Arthur
J. Gallagher & Co. today announced the acquisition of
Fox River Grove, Ill.-based MDV
Wealth Planning, Inc. Terms of the transaction were not
disclosed.
Founded in 2014, MDV Wealth Planning, Inc. sells and places life
insurance products for clients of registered investment advisors
(RIAs), independent financial advisors, institutional brokers, life
insurance professionals, and property/casualty agents and brokers.
Their focus is on C-suite executives and high-net-worth
individuals. Thomas Vilardo and his
associates will continue to operate from their current location
under the direction of Jeff Leonard,
National Financial and Retirement Services practice leader.
"Gallagher continues to expand our capabilities in the
individual life insurance and wealth planning space by seeking
industry leaders, and MDV has a proven track record in this area,"
said J. Patrick Gallagher, Jr.,
Chairman, President and CEO. "I am very pleased to welcome Tom and
his associates to Gallagher."
Arthur J. Gallagher & Co.
(NYSE:AJG), a global insurance brokerage, risk management and
consulting services firm, is headquartered in Rolling Meadows,
Illinois. The company has operations in 35 countries and
offers client service capabilities in more than 150 countries
around the world through a network of correspondent brokers and
consultants.
|
Investors: Ray
Iardella
|
Media: Linda J.
Collins
|
|
VP – Investor
Relations
|
VP – Corporate
Communications
|
|
630-285-3661/ ray_iardella@ajg.com
|
630-285-4009/ linda_collins@ajg.com
|
View original content to download
multimedia:http://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-mdv-wealth-planning-inc-300863328.html
SOURCE Arthur J. Gallagher &
Co.