Wells Fargo Acquires EDIFY

July 8, 2011 (PLANSPONSOR.com) - Wells Fargo Insurance Services has announced the acquisition of EDIFY, LLC, an employee benefits consulting firm based in Fort Lauderdale, Florida. 

According to a recent press release, the transaction closed on July 1, but its terms were not disclosed. EDIFY provides employee benefits programs and customized health and wellness consulting for middle-market and large employers.  

EDIFY’s CEO and principal, Howard Gruverman, and president and principal, Carlos Castesana, will join Wells Fargo with their team and continue to service their clients at their current locations.  

“We’re excited to provide our clients with access to more resources, financial services, and products,” said Gruverman in the announcement. “While we have a new name, our clients will continue to be served by the same team of dedicated professionals and receive the superior level of service they’ve enjoyed for 15 years.” 


Sara Kelly