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Asset Manager & Insurance Underwriter - Mergers and Acquisitions
National Investment Managers acquires book from Standard Retirement Services
November 03, 2009 6:02 PM ET
By Mindi Westhoff
|  Related Companies | Related Documents | Related Deals |
National Investment Managers Inc. reported Nov. 3 that it would acquire a book of about 500 balance forward tax qualified retirement plans from StanCorp Financial Group Inc. unit Standard Retirement Services Inc. The acquisition brings the total number of plans under administration at National Investment Managers to about 11,000. National Investment Managers President and COO John Davis said in a news release that he expects to close the transaction and to begin to service new clients by Dec. 1. |
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