Everhart Advisors Announces Acquisition of Dayton Firm

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The purchase is the first for Everhart Advisors and opens up a new market for the Central Ohio retirement plan advisory firm.

When considering potential acquisitions, it was important to find a firm that shared our values, philosophy and personalized approach to working with our clients.The belief that this was the right fit was a mutual one.

Everhart Advisors, a Dublin, Ohio, retirement plan advisory firm, has acquired the assets of McGohan Brabender Financial (“MBF”) of Dayton, Ohio. McGohan Brabender Financial was an affiliate company of McGohan Brabender, one of the largest independent health insurance brokers in Ohio. The acquisition is the first of its kind for Everhart Advisors and will result in a 25 percent increase in size. MBF has consulted on approximately $310 million of retirement plan assets, and managed nearly $35 million for individuals and families.

“When considering potential acquisitions, it was important to find a firm that shared our values, philosophy and personalized approach to working with our clients,” explained Scott Everhart, President of Everhart Advisors. “The belief that this was the right fit was a mutual one. We are excited for the opportunity to expand our presence in the Dayton area.”

MBF’s five employees have all been retained and are now operating Everhart Advisors’ Dayton location. Lisa Block, the former President of MBF, is leading the Dayton team.

“This is an important step for our clients and our firm. We will be able to offer our clients continuity of service with the added benefit of new areas of expertise,” said Block. “Among other enhancements, Everhart Advisors has a team of Accredited Investment Fiduciaries (AIF®), Certified Financial Planners (CFP®) and an in-house attorney.”

Everhart Advisors is an independent consulting and advisory firm dedicated to enhancing employer-sponsored retirement plans. It delivers a comprehensive suite of services including fiduciary compliance and protection, investment selection and due diligence, vendor benchmarking and searches, and employee education and personalized advice. The firm currently employs 19 in its Dublin office in addition to the five employees in Dayton. This acquisition is the first step in the company’s plans for growth. Everhart Advisors recently purchased a building in Metro Place in Dublin, and will move into the larger space this summer.

Everhart Advisors has been recognized as a PlanAdviser’s 2016 Top 100 Retirement Plan Adviser, and was one of six finalists for the PlanSponsor Magazine Adviser Team of the Year in 2013. Most recently, Columbus Business First named the firm as a “Fast 50” finalist for the fourth year in a row.

ABOUT EVERHART ADVISORS
Established in 1995, Everhart Advisors provides investment-consulting services to retirement plan sponsors, corporate executives and other individuals. The firm’s expertise, team approach, and independence allow it to deliver high-quality services with honesty, integrity, and world-class competence. Everhart’s team of Certified Financial Planner™ Professionals and Accredited Investment Fiduciaries® develop customized plans and solutions to help corporations build and maintain successful retirement plans, and assist individuals with personal financial planning and wealth management. For more information, visit http://www.everhartadvisors.com.

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Marcy Fleisher
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