Acquisition opportunity Daybright Financial’s acquisition of Hessel & Associates presents a potential integration and cross-sell opportunity for retirement plan administration services, actuarial expertise, and client base expansion across a broader platform.

Growth potential With revenue in the mid single digits to low double digits and a specialized TPA focus, there is potential to scale retirement plan administration services for mid-market clients, leveraging Daybright Financial’s resources and distribution channels.

Technology leverage Hessel & Associates’ tech stack includes DocuSign, JSON-LD, and PHP with modern web assets; there is an opportunity to enhance digital onboarding, compliance workflows, and client communications within a larger tech-enabled ecosystem.

Specialized expertise The firm’s depth in qualified cash balance, defined benefit, profit sharing and 401(k) plans, plus an enrolled actuary on staff, strengthens cross-sell potential to clients seeking sophisticated retirement solutions and actuarial support.

Client retention play Long-tenured team with 145 years of collective experience and a track record of service excellence can be positioned as a value proposition to Daybright’s client base for high-touch retirement plan administration, ongoing compliance, and plan design services.