Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Financial Planning > Tax Planning

NFP Scoops Up DA Financial

Your article was successfully shared with the contacts you provided.

National Financial Partners Corp has acquired DA Financial Group.

DA Financial, Lafayette, Calif., is a financial planning and life insurance firm that generates about $5 million in annual revenue, according to NFP, New York (NYSE:NFP).

NFP is a national financial services distribution company. Organizers have put NFP together by making acquisitions.

The NFP-DA Financial deal closed Thursday.

NFP is not saying how much it paid for DA Financial, but it says the newly acquired company will operate as NFP DA Financial and become part of the NFP corporate client group.

John Hohman, a DA Financial principal, will manage NFP DA Financial and oversee efforts to make more corporate client group deals in the region around Lafayette, NFP says.

- Warren S. Hersch

Other NFP coverage from National Underwriter Life & Health:


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.