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Iselin, N.J., June 2, 2011—U.S. Retirement Partners (USRP) announced today that it has acquired USD Insurance and Financial Services, Inc. (USD), a firm that will be part of USRP’s national network of 403(b) providers serving the K-12 education market.

USD, with headquarters in Los Angeles, was founded in 2000 by Chris Quirarte. The firm serves clients through its eight-person Advisor team in school districts throughout Southern California. Given the size of its market, USD will utilize USRP’s resources to significantly expand its Advisor base.

“Joining USRP will enable us to grow the business at a much faster rate,” said Chris Quirarte, president of USD. He continued, “They have a strong suite of tools that will help us recruit, select and train new Advisors quickly. Because the Southern California opportunity is so large, we are looking at doubling our number of Advisors in the next two years.”

“We’re pleased to have USD join U.S. Retirement Partners. It’s great to establish a presence in Southern California. It is a next logical step after our recent acquisition in northern California (Employee Benefits Services Group of Campbell, Calif.) Chris is a well-respected client advocate who knows the educator market extremely well,” said Mark M. Skinner, president and CEO of U.S. Retirement Partners.