National Financial Partners Acquires California’s DA Financial

New York-based insurance broker National Financial Partners Corp. has acquired DA Financial Group of San Francisco, Calif., for an undisclosed amount.

With annualized revenue of $5 million, DA Financial has provided benefits, financial planning and insurance services for 50 years. Now part of the NFP Corporate Client Group, the business will operate as NFP DA Financial and John Hohman will continue to manage its operations. The Corporate Client Group provides corporate and executive benefits, retirement plans and property/ casualty insurance.