Umbaugh Acquires ACI Advisors

Indianapolis-based Umbaugh acquired ACI Advisors of Columbus, Ohio, which will now operate under the Umbaugh name.

Umbaugh was founded more than 60 years ago and has offices in Indianapolis, Mishawaka, Ind. and Lansing, Mich.

“We view this as a mutually beneficial combination,” says Todd Samuelson, MP for Umbaugh. “Brian Cooper, former head of ACI Advisors, now has the resources of Umbaugh’s team of 90 people in four offices, and Umbaugh gains a local presence to serve local governments in Ohio. Brian’s clients and experience are an excellent match for the services we provide.”

“Umbaugh has the best platform, resources and expertise in the industry which will help me to better serve my clients and help them succeed,” says Cooper. “We also have a common business philosophy and share a commitment to excellent client service.”