Pezzillo Financial Group & Professional Benefit Source Announced Merger of Their Business Operations

ROCHESTER HILLS, Mich. - May 4, 2020 - PRLog -- Pezzillo Financial Group (PFG) and Professional Benefit Source (PBS) have announced today the planned merger of their business operations to offer insurance / investment planning and group benefits. PFG and PBS will combine their assets, employees, and customers and the merged business will operate under BeneFinancial Group on July 01, 2020.

Professional Benefit Source, founded in 2006, provides group healthcare and custom employee benefit packages for small, mid-size and large companies. Its experience and expertise has provided corporations, HR departments, and business owner's outstanding solutions and services. The ability to act as an extension of your HR department to inform, educate, and assist companies as well as offering competitive, compliant, and cost effective beneficial solutions allows PBS to continue to be a leader in the employee benefit market.

"Pezzillo Financial Group offers an exciting opportunity for Professional Benefit Source to strengthen and expand its service offerings in the group benefits market" explains Kim Traxler, founder and CEO of Professional Benefit Source. "Working with small, medium, and large groups, the merger with Pezzillo Financial Group supports the PBS strategy to be a leader in our market, adding financial and insurance planning and offering those services to employers, employees, and business owners".

Joseph Pezzillo, founder and CEO of Pezzillo Financial Group since 1996, also commented "Professional Benefit Source's merger with PFG provides a major growth opportunity for both our businesses through the additional service offerings for our clients. As our organizations begin their transition to offer group benefits, financial, and insurance planning solutions, we will be best positioned to support them on that journey both today and well into the future".

The expanded business will serve groups, individuals, and families both in the Detroit area, as well as several states. Kim Traxler and Joseph Pezzillo will serve as Managing Partners.

PFG and PBS have grown their core businesses consistently for over twenty-five years. Since inception, their business and service offerings have evolved and expanded to meet the unique demands of their respective markets.

To be a leader in the planning, insurance, and group benefit markets, BeneFinancial Group will continue to provide outstanding service and expert guidance. BeneFinancial Group will maintain customer service the central element to everything that it does.

Pezzillo Financial Group and Professional Benefit Source shared that they expect definitive agreements to be completed by April 20, 2020 and the operations and staff of both companies will be recognized as BeneFinancial Group on July 01, 2020 with two locations headquartered in Rochester Hills and Sterling Heights, Michigan.