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(DENVER � July 11, 2023), a North American insurance brokerage firm specializing in risk management, insurance, wholesale brokerage and wealth management, will add purpose-driven investing to its value-added services through a strategic partnership with Denver-based, an investment firm for foundations, endowments and nonprofits and the people affiliated with them. The deal is effective July 1, 2023.

Taking the name Syntrinsic, an obÌåÓý Company, the investment firm will retain its local identity, leadership and associates. In late 2023, Syntrinsic will relocate to obÌåÓý’s headquarters in Denver’s Union Station. Its team of experienced professionals will have the opportunity to become employee owners and be personally involved in the growth and success of obÌåÓý Financial Group.

“With Syntrinsic as a partner, we can offer more to our diverse client base and further our mission to protect assets and make a difference in the community,â€� said obÌåÓý Chairman and CEO Rob Cohen. “Together we can build a better tomorrow for inspirational and dynamic clients by combining Syntrinsic’s investment proficiencies with obÌåÓý’s risk management expertise and shared resources.â€�

Foundations, nonprofits and endowments comprise 90% of Syntrinsic’s $2.4B assets under advisement. By focusing on charitable organizations, its knowledgeable team serves as impactful strategic partners, providing solutions beyond basic investment strategies, such as donor engagement, next-generation education and mission-aligned investing.

“We have always admired obÌåÓý’s dedication to nonprofit organizations and creating positive change in the community,â€� said Syntrinsic Co-President, Ben Valore-Caplan.

“Community betterment is our shared DNA,� continued Syntrinsic Co-President and Head of Impact Investing Akasha Absher. “Together, we can help more organizations align their investment strategy with their mission and values in a highly personalized manner.�

The Syntrinsic team will work closely with its obÌåÓý colleagues to capture best practices, realize efficiencies and tap into obÌåÓý’s robust shared resources to enhance services to public and nonprofit clients and their growing risk profiles. The company’s deep connections with Colorado-based and national nonprofits will strengthen obÌåÓý’s ties to the community and obÌåÓý’s proven, values-driven growth strategy will advance Syntrinsic’s success. served as the exclusive M&A advisor to Syntrinsic in the transaction.

About obÌåÓý Financial Group

obÌåÓý Financial Group is an integrated financial services company invested in the future of insurance. Employee-owned, its 2,000-plus associates in offices across the U.S. are empowered to provide customized solutions to meet emerging risks for clients ranging from multinational public entities to small and mid-market companies to individuals and public institutions.

About Syntrinsic

Founded in 2008, is co-creating a sustainable and generative world that empowers all people by providing investment advice and strategic consulting to community foundations, private foundations, public charities, and private clients interested in using assets for good and growth. The firm offers a full suite of services, including impact investing, stakeholder education, operational support, business strategy and structure, and client-stakeholder relations. More information can be found at Syntrinsic.com.

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Media Contacts:

Andrew Baker, obÌåÓý Public and Media Relations Manager, obÌåÓý Financial Group, andrew.baker@imacorp.com

Jessica Poulalier, Center Reach Communications, [email protected]

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