AABP EP Awards 728x90

Premier Retirement Plan Advisors acquires Missouri adviser firm

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Premier Retirement Plan Advisors, a West Des Moines investment adviser firm, has acquired the financial advisory business of R. Patrick Cargill, an adviser based in St. Joseph, Mo. Premier’s president, J.R. Phillips, said the acquisition further expands his firm’s client base in the Midwest by adding Cargill’s clients in Missouri and elsewhere. Both Phillips and Cargill are registered representatives and investment adviser representatives of Voya Financial Advisors Inc. Cargill is retiring after 23 years building his firm. Terms of the acquisition, completed July 1, were not disclosed. Phillips’ firm is securities-registered in 19 states, primarily in the Midwest and the Southeast. With the completion of the acquisition, Phillips will have over $125 million in assets under management or advisement. This is Phillips’ second acquisition in the past three years. Pictured: J.R. Phillips, left, and Patrick Cargill.