Choice Financial Group Strengthens Presence in Employee Benefits

Choice Financial Group Enhances Employee Benefits Services

Choice Financial Group (CFG) has announced an important acquisition that will boost its presence in the employee benefits sector. The company is excited to welcome Employee Benefits of Virginia (EBVA), known for its dedication to providing tailored employee benefits solutions. This strategic move signifies CFG's commitment to improving offerings in the Mid-Atlantic region.

Acquisition of Employee Benefits of Virginia

Employee Benefits of Virginia, based in Richmond, has built a solid reputation since its inception in 2015. The firm specializes in crafting customized benefits programs that cater to the diverse needs of both businesses and individuals. With a thorough understanding of creative plan design, compliance consulting, and risk management, EBVA prides itself on its knowledgeable team and exceptional client service.

A Vision for Growth

Robert J. Hilb, President & CEO of CFG, expressed enthusiasm for this acquisition, noting, "This acquisition represents a compelling opportunity to integrate a highly respected firm into our growing platform. Employee Benefits of Virginia shares our approach to delivering excellent customer service, and their addition enhances what we can offer our clients across the Commonwealth. It's my pleasure to welcome Brian Marks and his team to CFG." This strategic partnership is set to propel CFG into a prominent position within the industry.

Insights from Leadership

Brian Marks, the President of EBVA, shares his perspective on the collaboration: "Joining Choice Financial Group allows us to scale our operations and enhance the solutions we offer while maintaining our core commitment to client service. We are confident that this partnership positions us for long-term growth and continued success." Such affirmations from leadership signal a promising future for both entities.

About Choice Financial Group

Choice Financial Group stands as a leading insurance agency, enjoying institutional support from Northlane Capital Partners, a prominent private equity firm managing over $1 billion in committed capital. With the current business climate fostering organic growth through strategic partnerships and investments, CFG is poised for expansion. The agency operates from its headquarters in Virginia Beach, boasting 45 offices across 20 states, reflecting a strong marketplace presence.

Contact Information for Partnership Opportunities

For those interested in agency partnership opportunities, CFG encourages inquiries directed to Bob Hilb, CEO, at 804-564-9625. This opens doors for prospective collaborators looking to join a dynamic and expansive organization.

Frequently Asked Questions

What is the recent acquisition by Choice Financial Group?

Choice Financial Group recently acquired Employee Benefits of Virginia, enhancing its service offerings in the employee benefits space.

Who is Brian Marks?

Brian Marks is the President of Employee Benefits of Virginia, actively involved in the integration into Choice Financial Group.

What does Employee Benefits of Virginia specialize in?

EBVA focuses on creating tailored benefits programs, compliance consulting, and risk management for businesses and individuals.

Where is Choice Financial Group headquartered?

Choice Financial Group is headquartered in Virginia Beach, Virginia, with a significant presence across multiple states.

How can one contact CFG for partnership opportunities?

Inquiries regarding agency partnership opportunities can be directed to CEO Bob Hilb at the contact number 804-564-9625.

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