Seventy2 Capital Wealth Management has acquired Creative Benefit Concepts (CBC), a provider of corporate and non-profit retirement plan and succession planning strategies.

Founded in 2001 by Kerry Hemphill, CBC develops and implements strategies that promote business success and personal financial security for corporations, business owners and their employees.

As of 09 September, CBC managed over $90 million in retirement assets.

Hemphill joined Seventy Capital as vice president and has over 38 years of experience in the financial services industry. He also served as committee chairman for Hero Dogs founded in 2011, an organisation providing injured and/or disabled veterans with service dogs.

Seventy2 Capital Wealth Management partner and co-founder Paul Carlson said:  “We are thrilled to have Creative Benefits Concept and Kerry Hemphill join Seventy2 Capital. We saw a unique opportunity to partner with a veteran and specialist in the corporate retirement planning industry. I feel this acquisition will meaningfully increase our ability to help plan sponsors meet their fiduciary responsibilities while supporting them in helping employees save for retirement.”

Hemphill said: “I’m excited to be a part of a team that has expertise in both wealth management and 401(k) retirement plans. Joining Seventy2 Capital gives me access to a platform of resources that will benefit my clients. I’m also looking forward to mentoring a talented team of young advisors and helping build upon their success as retirement plan advisors.”