Arthur J. Gallagher & Co acquires MDV Wealth Planning.

Arthur J. Gallagher & Co acquired MDV Wealth Planning. Financial terms were not disclosed. MDV Wealth Planning sells and places life insurance products for clients of registered investment advisors (RIAs), independent financial advisors, institutional brokers, life insurance professionals, and property/casualty agents and brokers. Their focus is on C-suite executives and high-net-worth individuals. "Gallagher continues to expand our capabilities in the individual life insurance and wealth planning space by seeking industry leaders, and MDV has a proven track record in this area. I am very pleased to welcome Tom and his associates to Gallagher." J. Patrick Gallagher, Jr., Chairman, President and CEO.