NFP to Merge Newly Acquired RIA With DiMeo SchneiderNFP to Merge Newly Acquired RIA With DiMeo Schneider
The combination of Fiduciary Investment Advisors and DiMeo Schneider will create a $200 billion advisory firm focused primarily on institutional clients.
Insurance broker and consultant NFP has acquired Fiduciary Investment Advisors, an employee-owned investment consulting firm that advises on over $95 billion in assets for retirement plan sponsors, institutional investment pools, non-profit organizations and private clients.
NFP will combine the firm with DiMeo Schneider & Associates, a registered investment advisor owned by NFP that also serves institutional clients, under the DiMeo brand. The combination will create an advisory firm with $200 billion in advised assets and seven locations.
Robert DiMeo, managing partner of DiMeo Schneider, will serve as CEO of the RIA, while Mark Wetzel, president of FIA, will serve as president.
