According to a news release, the purchase of CCA is expected to expand JPMorgan’s retirement solution offering to include defined benefit plan design and administration for small and large plans, as well as add to its executive compensation and health care consulting capabilties.
“The financial future is being shaped by the retirement needs of the Baby Boomer generation,” said Eve Guernsey, CEO JPMorgan Asset Management Americas, in a press release. She added that adding CCA “strengthens our firm’s ability to help individual and corporate clients meet these challenges.”
CCA employs about 200 people, has more than 230 clients, and has offices in 10 US cities. Financial details of the deal were not disclosed.
For more information about CCA visit www.CCAstrategies.com .