Sapers & Wallack

{{Article issues|COI =August 2009|refimprove =August 2009|notability =August 2009}}

{{Infobox financial
| company_name = Sapers & Wallack, Inc.
| company_type = [[Private company|Private]]
| company_slogan = "[[Innovators in Insurance, Benefits and Investment Management]]"
| foundation = 1932
| location = 275 Washington Street, Suite 205 [[Newton, Massachusetts|Newton]], MA 02458
| key_people = Aviva Sapers, CEO, Bill Sapers, Chairman, Ed Wallack, President
| num_employees = 32
| industry = [[Financial Services]]
| homepage = [http://www.sapers-wallack.com] www.sapers-wallack.com
}}

'''Sapers & Wallack''' is an insurance, employee benefits and investment management [[business]] located in [[Newton, Massachusetts]]. It was founded in 1932 by Abe Sapers and serves a diverse range of clients including Fortune 500 corporations, non-profits, closely-held firms, public, private, family businesses, venture-backed start-ups and individuals.

== History ==

The firm was originally called Sapers Insurance Agency and was overseen by Abe Sapers and his son Bill. In 1963, Norman Wallack formed a partnership with Abe and the firm was re-named Sapers & Wallack. Abe Sapers retired in 1975 and the company’s leadership passed on to the next generation of these families. The company is now overseen by Abe’s granddaughter, Aviva Sapers, and Norman’s son, Edward Wallack. Aviva is the first female to receive a principal role in the company.<ref> Van Voorhis, Scott. "Generation XX." Massachusetts Family Business Magazine. [http://www.massfamilybusiness.com/Docs/FamilyBusiness.pdf]</ref>

The professionals at Sapers & Wallack began selling life and health insurance, as well as assisting their clients with estate planning, but has since greatly expanded their services.<ref>“History.” http://www.sapers-wallack.com/about-us/history</ref> The firm now also includes a retirement plan department, and as well as an advisory service department. In 2001, Sapers & Wallack expanded its network even farther by becoming a member of PartnersFinancial, which is a subsidiary of National Financial Partners Corp., a national network of independent financial advisors. By becoming part of PartnersFinancial, Sapers & Wallack gained access to benefits, insurance and investment solutions.<ref>http://www.nfp.com/</ref> This enabled the company to expand its clientele even further.

== Achievements ==

In 2007, the firm celebrated its 75th anniversary with an open house at their offices in Newton, MA.<ref>“Transactions.” The Boston Herald – Women’s Business. July 1, 2007. written by the Herald Staff</ref>

September 14, 2009: The Family Business Association, Inc. recognized Sapers & Wallack as a finalist in the small business category. <ref> http://boston.bizjournals.com/boston/stories/2009/09/14/daily10.html </ref> While over 200 companies were nominated for this honor, The Massachusetts Family Business Association looks at each company's achievements, successes, and service to the community to select the most deserving candidates. <ref> http://www.massfamilybusiness.com/home.htm </ref>

{| class="wikitable"
|-
! Year
! Event
|-
| 1932
| Sapers Insurance Agency was founded by Abe Sapers
|-
| 1963
|Norman Wallack joined the team and the firm became Sapers & Wallack
|-
|2000
|Aviva Sapers won the Boston Business Journal’s top 40 under 40 award in 2000
|-
|2006 & 2008
|Aviva Sapers was named to the Boston Business Journal’s list of Area’s Largest Women Run Businesses
|-
|2007
|The firm celebrated its 75th anniversary with an open house at their offices in Newton, MA
|-
|2008
|Aviva Sapers was ranked one of the top ten insurers in Massachusetts by Women's Business Magazine
|-
|2008
|Boston Business Journal Book of Lists recognized Sapers & Wallack as one of the area’s largest employee benefits firms ranked by employee benefit consultants in Massachusetts
|-
|2009
|The firm was recognized by the Northeastern University Center for Family Business with a Certification of Generational Achievement, recognizing that Sapers & Wallack is one of the three percent of family businesses that survives into a fourth generation
|-

== References ==
<references/>

== External Websites ==
*[http://www.sapers-wallack.com/ Company website]

[[Category:Financial services companies of the United States]]
[[Category:Privately held companies of the United States]]
[[Category:Companies based in Massachusetts]]