This Segal guides you through the complexities of HR programs. The Segal Group is an employee-owned actuarial, benefits, compensation, and consulting services firm that primarily does business through subsidiary The Segal Company. Segal focuses on employees in the corporate, government, and not-for-profit sectors and offers its services to clients throughout North America, as well as select overseas markets. Its Sibson Consulting subsidiary offers HR consulting services with expertise in talent and performance management, sales force effectiveness, and compensation. Its Segal Advisors unit offers investment services. Formed in 1939, the Segal Group operates through more than 20 offices across the US and Canada.
Segal Group has office locations in and around about 20 major US cities, as well as in Calgary, Toronto, and Montreal in Canada.
Sales and Marketing
The company's Sibson Consulting subsidiary specializes in serving corporations and not-for-profit entities. Segal Group's other customers include a range of federal, state, and local government entities, as well as professional service firms and joint boards of trustees responsible for administration of multi-employer health and welfare plans. Multi-employer clients are typically in the construction, entertainment, manufacturing, retail, service, and transportation industries. Overall, Segal Group serves thousands of client representing some 8 million employees and their dependents.
Key to Segal Group's operating strategy is broadening its product portfolio and client base through targeted acquisitions. The company has grown its benefits and investment operations through purchases in recent years. Segal also seeks to attract and retain long-term clients by providing timely services that are catered to its specific clientele.
Mergers and Acquisitions
In 2012 the company's Segal Advisors investment consulting unit expanded through the purchase of Rogerscasey, which provides institutional asset investment services worldwide. Following the transaction, Rogerscasey continues to provide services to financial institutions as a subsidiary of the Segal Advisors group; the combined organization has assets under advisory worth some $400 billion.
In late 2010 Segal Group expanded through the purchase of the multi-employer defined benefit plan and consulting business of brokerage group Aon.
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