BRG is based in Deerfield Beach, Florida, and has 12 advisers and $50 million in assets under administration, according to a press release. The firm focuses on special pay programs, which are qualified retirement plans consisting of accumulated sick pay, vacation pay, and sometimes other contributions for retiring employees.
USRP has now has purchased nine businesses in Florida (see 403(b) Administrator Adds Florida Providers to Network), as well as companies in Texas, Michigan, North Carolina, and Utah.
With headquarters in Iselin, New Jersey, USRP was founded to give regional 403(b) firms the opportunity to further grow their businesses with the marketing, distribution, and technological support offered by a large, independent, national firm.
More information is at http://www.usretirementpartners.com.