Hartford, CT (January 4, 2017)—C.M. Smith Agency has joined 23 other entrepreneurial insurance and financial services companies across the United States to form Alera Group, an employee benefits, property/casualty, risk management and wealth management firm with approximately $158 million in revenue. The new firm has more than 750 employees serving more than 20,000 clients in 40 U.S. based offices across 15 states. This merger marks the first time that 24 financial services firms have joined together as one.
C.M. Smith Agency will continue to offer employee benefits brokerage and consulting, now with an extensive network of national resources and thought leadership. All of C. M. Smith’s employees and advisors will continue to operate as C.M. Smith Agency out of the firm’s existing offices. It will continue to be led by John O’Connell, CEBS, CLU.