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Wentworth Financial to acquire Arizona-based insurance brokerage general agency

Wentworth Financial Partners has agreed to acquire Scottsdale, Ariz.-based insurance brokerage general agency Independent Planners Group.

The target serves financial advisers and insurance professionals.

The transaction, which marks Wentworth Financial's first acquisition, is expected to close during the third quarter. Wentworth Financial operates as an insurance entity throughout the U.S., offering an insurance platform for registered investment advisers.