ABGIL Bolsters Retirement Plan Administration Services with Acquisition of Cleveland Hauswirth
PEORIA, IL - September 15, 2017
ABG Retirement Plan Services (ABGIL) is pleased to welcome Cleveland Hauswirth Investment Management, Inc. (Cleveland Hauswirth), a long-time partner for retirement plan administration, to the organization.
ABGIL looks forward to continuing to build on the successful relationship with the Cleveland Hauswirth team to help clients achieve their financial goals through exceptional service and creative benefit plan solutions.
“Our two groups have worked together for over 16 years,” says John Blossom, CEO, ABGIL. “Cleveland Hauswirth has a reputation for providing high-quality investment advisory service to retirement plans, and our companies share similar values and offer complimentary skills and expertise. This move positions ABGIL for continued growth.”
The timing of the merger aligns with a shift in leadership as retirement industry veteran Roy Hauswirth retires. Nancy Cleveland, along with her team, will continue to operate the Cleveland Hauswirth office in Milwaukee, Wis., providing services to ongoing and future clients. ABGIL provides an environment for the Cleveland Hauswirth team to continue to work as an independent fiduciary.
ABGIL is a regional service office of one of the largest retirement plan administration organizations in the country. For more than 40 years, ABGIL has built up more than $3 billion in retirement plan assets by providing adminstration for more than 42,500 retirement plan participants and health savings account holders. With headquaters in Peoria, Ill., ABGIL also has offices in Chicago, Ill., and Madison, Wis. For more information go to abgil.com.
ABGIL is an independent, employee owned, member of a national consortium of independently owned and operated retirement plan administrators, Alliance Benefit Group, LLC . The national network is one of the largest retirement plan administration entities in the country. Alliance Benefit Group licensees combine the power of a large national company with the individual attention and the personalized service of regional offices.