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An international insurance brokerage and risk management services firm has announced its latest acquisition for its business in Australia.
Arthur J. Gallagher has acquired Brisbane-based financial services advisory firm Complete Financial Balance Pty Ltd (CFB). The terms of which transaction were not disclosed.
CFB, which was founded in 1989, offers wealth management and employee benefits consulting services, specializing in superannuation, risk management and asset protection, investment and portfolio administration, business risk insurance, and estate planning and retirement planning.
Graham Campbell, Tapel Cafer, and their associates will continue to operate in their Brisbane location under the supervision of Leslie Lemenager, head of Gallagher's international benefit consulting and brokerage operations.
"We are particularly excited to have completed the acquisition of CFB, our first employee benefits acquisition in Australia,” said J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher. "Their team's solid culture, similar business model, and commitment to delivering the highest professional standards will be a wonderful addition to our employee benefits consulting operations. We are pleased to welcome Graham, Tapel and their colleagues to our growing Gallagher family of professionals."
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