Tegra Financial Partners, a subsidiary of Atlanta's Habif, Arogeti & Wynne LLP, announced that it has acquired pension-consulting firm Olson & Swenson Inc.Financial terms of the deal were not disclosed.
Olson & Swenson, also based in Atlanta, is a full-service actuarial and pension-consulting firm. Tegra will now oversee the firm's approximately 750 qualified retirement plans, making it one of the largest pension-consulting firms in the state. It will administer a wide variety of plans, including defined-benefit pension plans, profit-sharing plans (including cross-tested plans), 401(k) plans and employee stock ownership plans, among others.
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