Global investment consultant and fiduciary manager P-Solve of Framingham has acquired Concord-based retirement planning consultancy Cassidy Retirement Group, the company announced.
The deal expands P-Solve’s corporate retirement benefits planning business in the United States. The unit will be renamed P-Solve Cassidy and will be led by Daniel P. Cassidy, the founder and president of Cassidy Retirement Group. P-Solve said the acquisition will deepen its actuarial and retirement plan design expertise and can provide clients with more comprehensive management solutions for defined benefit plans.