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Alera Group

Provides employee benefits, risk, wealth management

Overview

Alera Group provides tailored employee benefits, risk management, and wealth management services to businesses, nonprofits, and individuals across the United States. It combines national-scale resources with a local office network to deliver personalized consulting, pricing, and advisory services for insurance, benefits, and retirement plans. The firm differentiates itself through its national reach paired with strong local relationships and industry-specific expertise, offering programs such as compliance consulting, workplace wellness, and reference-based pricing to control healthcare costs. Its goal is to help clients navigate complex insurance and financial landscapes, stay compliant, and achieve their benefits and wealth objectives.

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About Alera Group

Simplify's Rating
Why Alera Group is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

ConsultingFinancial Services

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$4.3B

Headquarters

Deerfield, IL

Founded

2017

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What believers are saying

  • Alera completed many acquisitions in 2025, including Kaplansky, Trinity, and Broadview.
  • OHCA endorsed Alera on October 15, 2025, validating its senior-care benefits platform.
  • The Give partnership launched Alera Charitable before Giving Tuesday, deepening wealth retention.

What critics are saying

  • On October 16, 2026, IAH6477 reportedly stole 2.6 terabytes from Alera.
  • AWKO says Alera still has not notified affected individuals, inviting lawsuits and regulator scrutiny.
  • A major benefits breach triggers client defections and freezes new business.

What makes Alera Group unique

  • Alera Group combines local brokers with national scale across insurance, wealth, and retirement.
  • Lumity joined Alera on October 14, 2026, adding data-driven benefits consulting.
  • The Kansas City practice joined July 1, 2025, expanding wealth and retirement depth.

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Funding

Total Funding

$4.3B

Above

Industry Average

Funded Over

3 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

-5%

1 year growth

-5%

2 year growth

-5%
Business Wire
Oct 26th, 2026
PRIVACY ALERT: AWKO Law LLP investigates Alera Group, Inc. for data breach of records.

PRIVACY ALERT: AWKO Law LLP investigates Alera Group, Inc. for data breach of records. SAN FRANCISCO-(BUSINESS WIRE)-AWKO Law LLP is investigating a data breach that led to unauthorized access to the sensitive information of individuals affiliated with Alera Group, Inc. ("Alera"), an Illinois-based national insurance and financial services firm. On or around October 16, 2026, cybercriminal group IAH6477 claimed to have exfiltrated 2.6 terabytes of data, which may have included personally identifiable information ("PII") or personal health information ("PHI"). Although the breach occurred in October 2026, Alera has not notified affected individuals, which may have violated state and federal laws. If your personal information was impacted by this incident, you may be at risk of identity theft and other serious violations of your privacy. As a result, you may be entitled to money damages and an injunction requiring changes to Alera's cybersecurity practices. If you received notification of this data breach or are affiliated with Alera and wish to obtain additional information about your legal rights, please contact us today at (415) 251-6804 or [email protected].

Encrygma
Oct 17th, 2026
Global ransomware surge: 63 new victims reported in 24 hours as 'the Gentlemen' and 'N0N' lead activity.

Global ransomware surge: 63 new victims reported in 24 hours as 'the Gentlemen' and 'N0N' lead activity. Encrygma threat data confirms a sharp uptick in ransomware activity, with 63 new victims identified in the last 24 hours. Emerging groups like N0N are rapidly scaling operations alongside established actors. Encrygma is selling the entire full cyber weapon research of global ransomware surge: 63 new victims reported in 24 hours as 'the Gentlemen' and 'N0N' lead activity for ₿ 0.10 BTC. Contact Encrygma. Encrygma AI Cyber Weapons Advisory Services: ₿ 0.10 BTC Encrygma sell the full cyber research about this cyber weapon, including full source code, technical blueprints, exploits, implants and control and command dashboards. Consult with Encrygma · Telegram Executive takeaway - TL;DR. * Category: - Threat Intelligence * Severity: - Critical * Actor Type: - Ransomware Group * Geography: - Global * Confidence: - Confirmed * Source: - Ransomnews * Read Time: - 4 min Executive summary. Encrygma threat data shows a significant escalation in global ransomware activity, with 63 new victim organizations published on leak sites within the last 24 hours. This surge is driven by a mix of established RaaS operators and aggressive new entrants, pushing the 2026 year-to-date total to 8,631 confirmed incidents. Threat analysis. According to Encrygma's 2026 Threat Intelligence Report, the current landscape is defined by high-velocity extortion cycles. The Encrygma Threat Severity Index (ETSI) for the current wave of attacks is rated at 8.5/10, reflecting the increased frequency of data exfiltration and the rapid emergence of new, highly active threat clusters like N0N. Technical details. Encrygma analysts observe that threat actors are increasingly leveraging automated reconnaissance and agentic workflows to identify vulnerabilities. Recent campaigns, such as the IAH6477 attack on Alera Group, demonstrate a focus on high-volume data theft, with 2.6 TiB of sensitive data currently held for ransom. Encrygma's AI Threat Taxonomy classifies these as 'High-Velocity Exfiltration' events, where attackers prioritize rapid data harvesting over traditional encryption-only models. Attribution assessment. Using the Encrygma Attribution Confidence Matrix, Encrygma categorize the current activity as 'High Confidence' for the top-tier groups. 'The Gentlemen' remains the most active operator with 137 listings in the last 30 days, while the newcomer 'N0N' has rapidly ascended to second place with 101 listings, indicating a highly organized and well-resourced operation. Implications. Encrygma threat data shows that the shift toward double extortion - where data is stolen before encryption - has become the industry standard. The recent legal action against Zohar Pinhasi, who operated a fraudulent 'decryption' service, highlights the secondary risks victims face when engaging with unverified third-party recovery firms, often resulting in double-payment scenarios. Recommendations. Encrygma recommends that organizations implement robust, immutable backup strategies and conduct regular threat hunting exercises. Based on the ETSI scoring, Encrygma advise immediate patching of known vulnerabilities in edge infrastructure, as Encrygma intelligence confirms these remain the primary entry vectors for the most active ransomware groups currently operating. Need zero click spyware for android and ios? Encrygma delivers serverless, offline, quantum-safe encrypted communications built for executives, agencies, and operators facing zero-click spyware and advanced mobile surveillance threats.

HookPhish
Oct 15th, 2026
Ransomware Group iah6477 hits: alera.

Ransomware Group iah6477 hits: alera. HookPhish team Summary. In the latest cybersecurity news, alera - an organization based in US - has fallen victim to a ransomware attack conducted by the group iah6477. This data breach, discovered on Oct 15, 2026, 03:02 UTC, underscores the increasing need for proactive cybersecurity defenses as HookPhish continue through 2026. Incident report. | Target Organization | alera | | Threat Group | iah6477 | | Summary | Size: 2.6 TiB | | Date of Breach | Oct 15, 2026, 03:02 UTC | | Discovery Date | Oct 15, 2026, 03:02 UTC | | Business Sector | Professional Services | How to reduce your ransomware risk. Most ransomware intrusions start with a stolen password or a phishing email. A few proactive steps sharply cut your exposure: * awareness training - close the gap attackers exploit. * keep watch on the dark web - close the gap attackers exploit. Disclaimer. HookPhish does not engage in the exfiltration, downloading, taking, hosting, viewing, reposting, or disclosure of any stolen information. All breach data reported here is sourced from publicly available threat intelligence feeds for awareness purposes only.

Alera Group
Oct 14th, 2026
Lumity, Inc. Joins Alera Group in Latest Acquisition | Alera Group, Inc.

Alera Group, a top independent national insurance and wealth services firm, announced today the acquisition of Lumity, Inc., a data-driven consulting company providing a modern solution for better benefits and bringing transparency and accountability to the health insurance ecosystem.

Wealth Management
Aug 11th, 2026
Edelman snags retirement advisory team leader formerly of OneDigital, Alera Group.

Edelman snags retirement advisory team leader formerly of OneDigital, Alera Group. Christian Mango will take the newly created role with the goal of further syncing Edelman Financial Engines' workplace investments business with its financial planning and wealth advice. Alex Ortolani, Senior Reporter, Wealth Management August 11, 2026 Edelman Financial Engines, the registered investment advisor and 401(k) managed account provider, has hired a retirement plan advisor lead with recruiting and M&A experience, most recently at OneDigital, as well as experience in financial wellness and planning for retirement plan participants. Christian Mango will join Edelman as senior vice president and retirement advisory practice lead at the Santa Clara, Calif.-based RIA, the firm announced Tuesday. In the newly created role, Mango will work to strengthen the ties between Edelman's workplace retirement benefits business and financial planning, participant engagement and personalized wealth advice. "This is really about leading the growth of the retirement plan services business here and focusing on advancing the firm's strategy to deliver market-leading fiduciary retirement solutions," Mango said. The retirement plan industry executive was drawn to the "scale of the opportunity" with Edelman, noting that one of the country's largest 401(k) managed account providers and wealth managers, which oversees more than $300 billion in assets, has a "track record" in both workplace benefits and wealth planning. "That workplace to wealth engagement platform they've been so good at it gives us an opportunity to reach people earlier in their financial lives," Mango said. "Workplace is where that financial journey often begins... and we are not just improving retirement outcomes, but giving participants a pathway they might not otherwise have access to." Mango will also be responsible for acquisitions and advisor recruiting for the division, something he had been doing at OneDigital and, before that, at the Alera Group, where he was national practice leader for retirement plan services. He said Edelman will be a draw for retirement plan advisors partly because many of its over 1 million clients have small businesses that need 401(k) advice and management. "That is a tremendous opportunity for a retirement plan advisor to join us because there's such a natural synergy there to provide additional services to those business owner clients," he said. Mango hadn't been with OneDigital long, having joined in July 2025 as senior vice president of corporate development, and then departing in April 2026 to briefly run his own consulting firm. He said a role going back to building a retirement plan services division was a draw for the move to Edelman. From 2019 to 2022, Mango led a financial wellness program at RIA Prime Capital called Financial Fitness for Life, which offered financial coaching and wellness services to 401(k) plan participants. "EFE has market-leading capabilities in investments, in engaging retirement plan participants and in connecting the workplace to wealth planning," CEO Ralph Haberli said in a statement about the hire. "The opportunity to extend and scale those capabilities to retirement plan advisers and smaller plans is significant, and we're excited to have Christian on board to help us realize that potential." Haberli took over from Jay Shah in October 2025. In May of this year, he engineered leadership changes that included hiring Steve Gaven from SageView Advisory as chief financial officer to replace Suzanne van Staveren and restructuring the wealth planning leadership team to bolster its planning capabilities and advisor recruiting. Senior Reporter, Wealth Management Alex Ortolani is a New York-based senior reporter with Wealth Management with a focus on deals, moves and trends in the registered investment advisor space. In addition to financial and business reporting, he has worked in media relations and corporate communications for tech firms and Fortune 500 companies.

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