Lenox Advisors acquires Martin/Wight & Company to expand financial services for medical professionals

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Lenox Advisors, Inc., a subsidiary of NFP and an affiliate of Aon company, has officially announced the acquisition of Martin/Wight & Company, LLC (M&W), a Maryland-based firm renowned for its specialized financial solutions targeting medical professionals. The acquisition is poised to strengthen Lenox Advisors’ presence in the Baltimore metro area and enhance its service offerings to the medical sector.

Strategic Acquisition Enhances Lenox’s Market Position

The inclusion of M&W into Lenox Advisors’ operations marks a significant expansion of its services tailored specifically for physicians, dentists, and medical centers. M&W, known for its comprehensive suite of services including wealth management, financial planning, and insurance solutions, will now operate under the Lenox brand with founders Brian Martin and Ted Wight joining as partners.

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Frank Anzalone, Managing Director and National Head of Sales & Distribution at Lenox Advisors, expressed enthusiasm about the merger: “We’re very excited to welcome Brian, Ted, and the M&W team to Lenox. Adding M&W creates an opportunity for Lenox to further scale our presence in the Baltimore metro area and across the medical profession.”

Benefits and Opportunities from the Merger

This strategic acquisition enables Lenox Advisors to leverage M&W’s established reputation and client relationships in the greater Baltimore area and nationally within the medical community. The merger is expected to provide both firms with enhanced resources, broader expertise, and an expanded portfolio of financial solutions that are likely to benefit existing and new clients.

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Greg Large, President of Lenox Advisors, highlighted the strategic benefits: “The M&W team has an excellent reputation in the greater Baltimore area and across the medical profession nationally. We will gain from their relationships and expertise; they will benefit from access to a new level of resources and support, and their clients will draw on an expanded portfolio of solutions.”

Looking Forward: Integration and Growth

Both Martin and Wight shared their positive outlook on joining Lenox, noting, “We’re thrilled to join Lenox, an organization with exceptional values and culture, and tremendous employee and executive benefits teams. This is a terrific opportunity for us to collaborate with a leading financial solutions team and share our expertise while developing ways to generate even more value for clients.”

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As Lenox Advisors and Martin/Wight & Company move forward with their integration, the focus will be on seamless service continuity for clients and exploring new avenues to add value to their offerings. This strategic move is set to redefine the landscape of financial services for healthcare professionals, reinforcing Lenox’s commitment to delivering high-quality financial advice and solutions.

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