Sentinel Benefits and Geller Group Combine
READING, MA, November 3, 2010 -- Sentinel Benefits & Financial Group and Geller Group, LLC (including Geller Advisory Group, LLC and Geller Consulting Group, LLC) will join forces on December 1, 2010 to become one of the largest independent employee benefit plan service providers in the United States. The combined business will operate under the name Sentinel Benefits & Financial Group and John Carnevale will remain as President & CEO.
Once combined, Sentinel Benefits & Financial Group will serve 3,200 clients with 200 employees working from offices in Boston, New York, Providence, Seattle and Charlotte. We will administer more than 1,700 plans with more than $4.0 billion in assets. Our investment advisory business known as Sentinel Pension Advisors, Inc. will advise on $1.7 billion.
“We are very excited about this development,” said John Carnevale. “It creates immediate scale to compete and grow Sentinel Benefits in a highly competitive marketplace.”
About Sentinel Benefits & Financial Group
Sentinel Benefits & Financial Group is a leading employee benefit consulting and administration firm. Our broad range of financial services makes Sentinel Benefits an excellent choice for clients seeking a single resource to manage all of their employee benefits including group insurance brokerage, Flexible Spending Accounts (FSA), Health Reimbursement Accounts (HRA), COBRA, retirement plan consulting and administration and investment advisory services. Sentinel serves more than 3,000 businesses throughout the United States. For more information, please visit www.sentinelgroup.com.
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