Univest Corporation of Pennsylvania has acquired Trollinger Consulting Group, an independent actuarial, administrative, consulting/compliance, and investment counselling firm that serves Municipal Pension Plan clients.
Trollinger Consulting Group (TCG) which is based in Allentown, Pennsylvania, was founded by Steven Trollinger and serves approximately 70 municipal accounts in the Commonwealth of Pennsylvania.
Mr Trollinger will join Univest as a senior vice president and continue to lead the team of six employees in their present office on Hamilton Boulevard in Allentown.
William Aichele, chairman, president and CEO of Univest, said: We are excited to begin offering a robust platform of pension plan services to expand our integrated solutions and strengthen relationships with the municipalities throughout the markets we serve. This acquisition also builds momentum around our recent expansion into the Lehigh Valley by bringing us our first physical location in this new market.
Univest Corporation of Pennsylvania is the parent company of Univest National Bank and Trust Co. of Souderton. Univest Corporation of Pennsylvania serves the financial needs of residents, businesses, and nonprofit organisations in Bucks, Chester, and Montgomery counties through three principal subsidiaries. Univest National Bank and Trust Co. offers customers 34 financial service centres, 12 retirement financial services centres and 41 ATM locations throughout the region.
