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AndCo Consulting acquires Bidart & Ross

Investment consulting firm AndCo Consulting acquired Bidart & Ross, an investment consultant that predominately advises defined contribution plans, an AndCo spokeswoman said.

Terms of the deal, which is effective immediately, are not being disclosed.

Orlando, Fla.-based AndCo Consulting, formerly The Bogdahn Group, has about $70 billion in assets under advisement.

Reno, Nev.-based Bidart & Ross employees have become AndCo employees. The firm has about $3.5 billion in assets under advisement and is the first venture into the western U.S. for AndCo.