Spectrum Pension Consultants, Inc. joins Daybright Financial
Acquisition expands Daybright's footprint across Pacific Northwest
ISELIN, N.J., July 24, 2025 /PRNewswire/ -- Daybright Financial is proud to announce the acquisition of Spectrum Pension Consultants, Inc., a highly respected independent retirement third-party administrator based in Tacoma, WA. The acquisition includes all of Spectrum's affiliated companies: GROUPIRA, Inc., Incentive Benefits, Inc., Integrity Pension Services, LLC, ProTPA, LLC, and Qualified Pension Consultants, Inc.
Founded in 1978 by Panayotis "Pano" Koumantaros, Spectrum has long been recognized as one of Tacoma's most trusted and established pension consulting firms. Following Pano's passing in 2005, leadership transitioned to his sons, Petros and Yannis Koumantaros, with support from their mother, Maria Koumantaros. Under their stewardship, Spectrum has experienced significant growth, both organically and through strategic acquisitions, and now serves clients nationwide.
As part of the acquisition, Petros and Yannis will continue to lead the business as Managing Partners within Daybright's Private Sector Retirement Solutions segment. Maria Koumantaros will now fully retire.
The Koumantaros brothers stated, "We are excited to join the Daybright family and look forward to the next chapter for Spectrum and our family of companies—one that brings even more innovative solutions for our clients, greater resources, and expanded career opportunities for our team."
Patrick Hale, Head of Private Sector Retirement Solutions of Daybright Financial, said, "We've had Spectrum on our radar for quite some time, as they fit in perfectly with our strategy of joining forces with trusted brands and accomplished retirement experts. The coming together of our businesses will enable us to better serve our collective clients and provide opportunities for all involved."
Megan Schneider, CEO of Daybright Financial, said, "We're excited to welcome Petros, Yannis, and the entire Spectrum team to Daybright. In addition to supporting our expansion across the Pacific Northwest, they will add exciting new solutions and proprietary technology that can benefit all our clients."
About Daybright Financial:
Simply put, we are one of the nation's largest independent, privately held firms specializing in employee benefits, retirement plans, and all their associated compliance needs. Since 2008, we have grown by acquiring over 60 local and national firms that have been trusted members of their communities for decades. We hold the coveted "Best Places to Work – USA," certification and serve more than 18,000 employer groups and 3.6 million plan participants nationally.
For more information on Daybright Financial, visit daybright.com. Follow Daybright on LinkedIn, Instagram, Facebook and YouTube.
Benefits brokers, consultants and PEOs, please visit Daybright Broker Solutions at daybrightsolutions.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/spectrum-pension-consultants-inc-joins-daybright-financial-302513440.html
SOURCE Daybright Financial