Arthur J. Gallagher & Co. has announced the acquisition of ClearPoint Financial. Terms of the transaction were not disclosed.

Based in Bellvue, Wash., ClearPoint Financial is a retirement plan consultant and investment analyst that serves the corporate retirement plan marketplace across the Northwest. ClearPoint managing partners Paul Grutzner and Michael Brown and their team will continue to operate from their current location. They will report to Norbert Chung, head of Gallagher’s Western employee benefits consulting and brokerage operations.

“The team and ClearPoint is highly regarded for their depth and breadth of knowledge in the corporate retirement plan industry,” said J. Patrick Gallagher, chairman, president and CEO of Gallagher. “I am very pleased to welcome Michael, Paul and their associates to our growing Gallagher family of professionals.”