​Alliant Acquires the Hecht Group, Growing Northwest Benefits Presence

40-year Portland firm brings three generations of regional leadership to Alliant Employee Benefits

NEWPORT BEACH, CA — Alliant continues to expand its employee benefits footprint in the Northwest with its acquisition of the Hecht Group. The Portland, Oregon, company brings three generations of regional leadership and a versatile combination of employee benefits, financial planning, and insurance expertise under the Alliant banner. The Hecht Group will join Alliant Employee Benefits, the company’s national benefits consulting practice.

“This partnership will support the continued growth of Alliant Employee Benefits and further expand our offerings to businesses and individuals both in Portland and nationwide,” said Tom Corbett, Chairman and CEO of Alliant.

The family-owned Hecht Group has a history reaching back to 1968, and has grown to become one of Portland’s most influential benefits leaders.

“In a changing benefits landscape, the Hecht Group has consistently provided clients throughout the Northwest with strategic solutions that reduce costs and improve business outcomes,” said Kevin Overbey, Senior Executive Vice President and Senior Managing Director, Alliant Employee Benefits.

The Hecht Group has employed an innovative and multidisciplinary approach to cost containment built on four core benefits strategies: self-funded medical plans, on-site medical clinics, pass-through prescription drug benefits, and an online bidding platform. In addition to its extensive employee benefits offerings, the Hecht Group also offers business succession and continuity planning, estate planning, and insurance services.

“Since our founding, the Hecht Group has helped its clients advance through a commitment to delivering cutting-edge, results-driven employee benefits and insurance strategies,” said company President Tricia Hecht-Glad. “Alliant Employee Benefits, with its national reach, deep resources, and proven commitment to service, will further solidify this commitment and help us expand our reach and service offerings going forward.”

Hecht-Glad, along with the Hecht Group’s management team and staff, will join Alliant and will continue to service clients from its headquarters in Portland. Terms of the agreement were not disclosed.