For more than 35 years, Marsh USA has been a go-to insurance brokerage and risk management consultant for high net worth (HNW) individuals and families across the country. The brokerage giant has been running two market-leading HNW practices – the Marsh Private Client Services (PCS) and the Marsh & McLennan Agency (MMA) Private Client Services practice - leaving affluent insureds spoilt for choice.
On January 01, 2020, Marsh announced the combination of its Marsh PCS and MMA PCS practices. From now on, the two businesses will operate as one MMA PCS practice under the leadership of Pete Walther (pictured above), former Marsh PCS president. As a combined entity, the MMA PCS practice will serve the HNW sector from 120 locations throughout the US with more than 700 client-facing colleagues.
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