Sammons Financial Group completed the acquisition of Beacon Capital Management.

Sammons Financial Group, an insurance holding company whose member companies offer financial service and retirement products, completed the acquisition of Beacon Capital Management, a registered investment advisory firm. Financial terms were not disclosed. "We welcome Beacon president Chris Cook and the entire Beacon team to Sammons Financial Group. Throughout 2020, we have concentrated efforts in building relationships with partner firms, developing products, and defining investment options for today's agent, advisor, and their clients," Esfand Dinshaw, Sammons Financial Group CEO.