Insights

NFP Acquires Jess S. Morgan & Co., a Los Angeles-based Business Management Firm
Acquisition enhances NFP’s accounting, estate and tax planning capabilities for entertainment industry professionals and other high net worth individuals


LOS ANGELES – January 18, 2023 – NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement advisor, today announced it has acquired Jess S. Morgan & Company, Inc. (Jess Morgan), a business management consulting firm located in Los Angeles, CA. Jess Morgan will join NFP’s recently rebranded Ground Control Business Management (Ground Control), the Los Angeles-based firm serving high net worth individuals, entertainment industry executives, entertainers and professional athletes, among others. The Jess Morgan transaction closed in November 2022.

Agency principals Jeremy Stahl, Richard Mandel, Sue Ollweiler and Tim Bodner will join NFP and work with leaders across the company, including Chris Bucci, CEO of Ground Control, to complement NFP's individually focused businesses serving the dynamic needs of high net worth clients.

"We’re thrilled to welcome Jeremy, Richard, Sue and Tim to NFP and Ground Control. By acquiring Jess Morgan, we have strengthened our growing business management offering," said Bucci. “Jess Morgan’s strategic vision aligns perfectly with ours, and we look forward to advancing our ability to deliver meaningful value to clients as they pursue their goals."

Founded in 1967, Jess Morgan works with high net worth individuals, including entertainers, Hollywood executives and business leaders. The firm acts as a trusted advisor, manager and trustee for multiple aspects of their clients’ financial lives, including accounting services, bill pay, tax services, and financial and estate planning.

“We are truly excited to join the NFP family and begin working with Chris and the entire Ground Control team,” said Stahl. “NFP shares our focus on growth and offers vast expertise and resources that allow us to continue providing more comprehensive services and value to our clients.”