INDIANAPOLIS, Aug. 19, 2011 /PRNewswire/ -- Nyhart (www.nyhart.com), one of the nation's largest independent actuarial and employee benefits consulting firms, announced the launch of a new strategic partnership with GAMA Consultores Associados (www.gama-ca.com.br), one of Brazil's largest pension and retirement consulting firms. The alliance gives both firms an expanded expertise and technology that meets a growing demand from their international client-base.
"Companies around the U.S. understand the growth potential of South America and many have invested greatly in expanding their operations to Brazil and other high-growth countries," said Tom Totten, actuary and CEO. "Our partnership with GAMA will enable us to help our existing clients manage their retirement benefit strategies with their Brazilian operations and give us further expertise to gain business with those who need international expertise."
GAMA selected Nyhart after an extensive search of actuarial and employee benefits firms throughout the United States. "We've found Nyhart has great similarities to the way that we do business," said Guilherme Brum Gazzoni, a principal at the firm visiting Nyhart's headquarters in Indianapolis today. "We wanted a partner who offers an upfront, honest approach on the services offered to clients and who has both a solid foundation of expertise and a progressive outlook on client-oriented service and innovative products."
The partnership will:
- Help Nyhart's actuaries and benefit consultants better understand the retirement issues facing clients with International operations in Latin America
- Expand the Nyhart knowledge base for regulatory and cultural issues in retirement benefits for South American businesses
- Give the Brazilian firm access to expanding their business into the North American operations of their International clients
- Allow both firms to share technology and best-practices to improve business operations
This international partnership continues Nyhart's successful growth over the past 12 months including acquisitions in Atlanta and Kansas City.
About Nyhart
Nyhart is composed of actuaries, consultants, attorneys, accountants, and administrators focusing in pension and retirement fund analysis, retirement benefits consulting and administration of employee benefits for private and public companies around the United States. With locations in Atlanta, Chicago, Kansas City and headquartered in Indianapolis, Nyhart has more than 1,000 clients in 48 states in both the public and private sector. Nyhart consults to retirement clients with more than $14 billion in plan assets.
For more information contact: James Burnes, media relations, (317) 512-3612 or [email protected] or Thomas Totten, CEO and principal, at 317-845-3500 or [email protected]
SOURCE Nyhart
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