News and Press | July 7, 2022

Segal Marco Advisors Acquires Milliman’s San Francisco Investment Consulting Practice

Segal Advisors, Inc. d/b/a Segal Marco Advisors, one of the largest U.S.-based investment consultancies, has acquired Milliman Inc.’s San Francisco Investment Consulting Practice. This is Segal Marco’s third acquisition and enables the firm to continue to enhance client services.

Segal Marco Advisors Acquires Milliman’s San Francisco Investment Consulting Practice

“In acquiring the Milliman San Francisco investing consulting team we have expanded Segal Marco Advisors’ research and consulting capabilities,” said John DeMairo, President and CEO of Segal Marco Advisors. “We are excited to strengthen our commitment to delivering trusted advice to help clients achieve their investment objectives.”

The purchase builds on the more than $600 billion assets under advisement, increases Segal Marco’s footprint in the public sector and adds additional endowments and foundations to its client roster as the firm continues to grow across various lines of business.

Following the divestiture, Milliman will continue to provide investment consulting services out of its Dallas and Albany offices, with a continued emphasis on corporate retirement plans.

Segal Marco Advisors provides consulting advice on asset allocation, investment strategy, manager searches, performance measurement and related issues. The information and opinions herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. This article and the data and analysis herein is intended for general education only and not as investment advice. It is not intended for use as a basis for investment decisions, nor should it be construed as advice designed to meet the needs of any particular investor. Please contact Segal Marco Advisors or another qualified investment professional for advice regarding the evaluation of any specific information, opinion, advice, or other content. Of course, on all matters involving legal interpretations and regulatory issues, investors should consult legal counsel.

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