Cafaro Greenleaf (CG), a leading national investment advisory and consulting firm for corporate, public and not for profit retirement and benefit plans, formally announces that Carroll Consultants, Ltd., headquartered just outside Philadelphia, has merged with the firm.
With more than 60 years of experience, Carroll Consultants, Ltd. is a leading provider of retirement and healthcare plan services to organizations across the country, with a particular focus in the area of higher education and independent schools.
With an emphasis on teamwork and collaboration, both practices are committed to working together for the benefit of their valued clients. The merger will be relatively seamless for clients of both firms, with clients receiving the support of an expanded team of highly credentialed and experienced professionals.
Wayne Greenleaf, Cafaro Greenleaf’s Managing Principal noted, “The merger of Carroll Consultants, Ltd. and Cafaro Greenleaf gives us the unique ability to provide value-added and enhanced services to our clients in the areas of administration, recordkeeping and group benefits.” While clients of Carroll Consultants, Ltd. will receive additional investment advisory resources, enhanced services, participant support with monthly Financial Fitness webinars for participant education, plan design optimization studies, and innovative retirement plan solutions and tools.
Headquartered in Wayne, Pennsylvania, Carroll Consultants, Ltd. is an independent retirement plan consulting, administration, and investment advisory firm, with a special niche in independent schools and universities across the country. Like Cafaro Greenleaf, Carroll Consultants, Ltd. is a second-generation boutique firm, and has been led for many years by Marcella (Marcie) Carroll, and her father, Benedict Carroll. Many of the Carroll Consultants, Ltd. team have been with the company for more than 20 years, its longest employee consulting for over 40 years!
“We are thrilled to have Cafaro Greenleaf as a partner, who shares the same values and principals we do, to consistently listen to our clients’ needs and apply innovative retirement plan solution strategies,” said Marcie Carroll, Principal at Carroll Constultants, Ltd. “Jamie, Wayne, and the entire Cafaro Greenleaf team also share our passion for participant education, and this merger will allow us to continue to enhance our commitment to that.”
With offices and clients across the country, Cafaro Greenleaf, a boutique firm of expert and specialist consultants, was founded in 1981 by industry pioneer Dorann Cafaro and is now controlled by her daughter, Jamie and her husband, Wayne Greenleaf. Jamie joined her mother in 1993, and promptly inherited her passion for the retirement industry. The tremendously rewarding feeling and satisfaction of guiding plan sponsors and participants alike in reaching their goals is what continues to drive her forward each day. Jamie Greenleaf’s passion and innovation have won numerous awards, recognitions and accomplishments in the industry she serves as a national leader.
“We couldn’t be more excited to have two second-generation firms come together with the common goal of helping hard-working individuals retire with dignity,” said Jamie Greenleaf, Lead Advisor and Principal of Cafaro Greenleaf. “Together, our combined resources will provide for innovation in our continued and unwavering focus on success for our clients and their valuable employees.”
With the merger, Cafaro Greenleaf consults on approximately 300 retirement and group benefit plans, with assets under advisement exceeding $4.6 billion.