Insurance, investment firms merge to create $2.7B company

CLEARWATER — AmeriLife Group, a Clearwater company that specializes in developing, marketing and distributing annuity, life and health insurance solutions, has acquired a majority interest in Brookstone Capital Management, a Wheaton, Ill.-based registered investment advisory firm.

The combined organization, according to a press release, will boast more than $3.5 billion in annual life, health and annuity premiums and $2.7 billion in assets under management, making it one of the largest largest independent marketing and RIA organizations in the United States.