November 2021

Andesa ESOP Owners
Andesa Services Embodies the Spirit of Employee Ownership Month

In 2015, Menke & Associates, the nation’s premier full service ESOP firm, served as advisor in the design and implementation of an ESOP for Andesa Services, the leading provider of integrated, cloud-based solutions for life insurance and annuity carriers and providers. In 2020, Andesa completed the transition to 100% employee-ownership. And in 2021, Andesa demonstrated…

Menke Client Russell Bond & Co. Acquired By Jencap

In October, 2021, Russell Bond & Co., Inc., a Buffalo, NY-based insurance wholesaler and longtime Menke client, announced that they had agreed to become part of Jencap Group, one of the largest insurance wholesalers in America. Gary Hollederer, President and COO of Russell Bond & Co., described the decision to join Jencap as being driven…