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Iselin, NJ, March 20, 2012—U.S. Retirement Partners (USRP) announced today that it has acquired Mutual, Inc. (Mutual), a firm that will be part of USRP’s national network of benefits and retirement planning specialists serving the K-12 education market.

Mutual, based in Ronkonkoma, New York, was founded by William (Bill) Devine in 1996. Bill and his partner, Ray Menna, currently manage the 30 Advisor firm. It serves more than 8,000 clients in over 125 not-for-profit organizations, public employers and public school districts on Long Island. Mutual will utilize USRP’s resources and comprehensive employee benefit programs to continue its growth.

“We are enthused about joining the USRP team. Their suite of practice management tools will help us recruit, select and train new Advisors, and to better support our clients,” said Bill Devine, CEO of Mutual. Ray Menna, Mutual President, commented, “At the employer level, they have assembled an exceptional package of retirement and employee benefit programs to offer to our employer clients that we think will help them save precious resources.”

“Mutual provides us with a great footprint in the Northeast. Bill and Ray have built a solid organization that has an impressive presence in Southern New York. They are clearly poised to expand in the New York Metro area,” said Mark M. Skinner, President and CEO of USRP.

“We have known Bill and Ray for many years and have admired their professionalism and commitment to their clients. We are very pleased to have Mutual join U.S. Retirement Partners,” said Bob Dughi, Executive Chairman of USRP.