MarshBerry Advises SBC Wealth Management on their Acquisition by Cerity Partners
Woodmere, OH – MarshBerry, a leading investment banking and consulting firm serving the insurance distribution and wealth management industries, is pleased to have represented Strategic Benefit Consultants, Inc. (dba SBC Wealth Management [SBC]) on their acquisition by Cerity Partners, LLC. The transaction closed on September 30, 2024.
With over 40 years of experience of creating, enhancing, and preserving the goals of their clients, Indianapolis, IN-based SBC, brings over $1.0B in assets under management to the table across a diverse network of high-net-worth clientele. Merging with Cerity Partners expands SBC’s capabilities and product offerings in serving the many complexities of its client’s financial planning and wealth management needs. SBC will operate under Cerity Partner’s brand upon completion of the transaction.
“The SBC team sought a partner that shared their commitment to holistic client service while providing strong growth opportunities for both partners and staff,” said Phil Trem, MarshBerry President – Financial Advisory. “The partnership with Cerity Partners, one of the nation’s leading RIAs, marks an exciting new chapter for both firms. We’re confident this collaboration will foster tremendous growth and continued success for both firms.”
Terms of the transaction were not disclosed.
Leveraging a focused and well–defined process, MarshBerry’s team of investment bankers understand the complexities of the wealth market and how to properly position firms to realize value. With extensive experience in both organic and inorganic growth strategies, clients turn to MarshBerry for strategic advisory, growth acceleration consulting, M&A transactions including liquidity transactions, acquisition transactions, business continuity/perpetuation transactions, and more.
MarshBerry – Helping Clients Learn, Improve & Realize Value
MarshBerry is the premier global leader in financial services and consulting dedicated to helping insurance brokerages, and firms in the wealth management industry, achieve sustained growth and value for every stage of ownership. With a legacy spanning over 40 years, MarshBerry offers an extensive suite of services, including Investment Banking (Merger & Acquisition Advisory; Capital Raising), Financial Consulting (Strategic Planning; Valuations; Perpetuation Planning), Organic Growth Consulting (Leadership, Sales & Talent Solutions), Executive Peer Exchange, Agency Network and Market Intelligence and Performance Benchmarking. For more information, visit www.MarshBerry.com.
About SBC Wealth Management
SBC Wealth Management is dedicated to providing personalized, strategic financial solutions to individuals, families, and businesses. With a focus on long-term growth, our team of experienced advisors offers comprehensive wealth management services, including investment management, retirement planning, estate planning, and tax-efficient strategies.
Investment banking services in the USA offered through MarshBerry Capital, LLC, Member FINRA and SIPC, and an affiliate of Marsh, Berry & Company, LLC, 28601 Chagrin Blvd, Suite 400, Woodmere, OH 44122 (440) 354-3230.
