Daybright Financial Expands Operations Through Acquisition of Spectrum Pension Consultants, Inc.
On July 24, 2025, Daybright Financial made significant strides in the retirement solutions sector by announcing its acquisition of the Tacoma-based Spectrum Pension Consultants, Inc. Established in 1978 by the late Panayotis "Pano" Koumantaros, Spectrum has a long history of providing reliable retirement consulting services and has built a reputation as one of Tacoma's most established firms in the industry. Following Pano's passing in 2005, the company continued to thrive under the leadership of his sons, Petros and Yannis Koumantaros, along with the support of their mother, Maria Koumantaros. Together, they expanded Spectrum’s reach and client base, growing organically while pursuing strategic acquisitions.
As Daybright Financial integrates Spectrum into its operations, the Koumantaros siblings will take on pivotal roles as Managing Partners within Daybright's Private Sector Retirement Solutions segment. Meanwhile, Maria Koumantaros is stepping back to enjoy retirement after years of dedicated involvement in the business. The integration signifies not just a change in management but a promising new chapter for Spectrum, which is anticipated to provide even more innovative solutions, better resources, and enhanced career prospects for its team.
"We are excited to be joining the Daybright family and look forward to this next chapter that promises innovative solutions for our clients," said Petros and Yannis Koumantaros. Their enthusiasm reflects a shared vision with Daybright Financial, which has long recognized the potential of this acquisition. Patrick Hale, Head of Private Sector Retirement Solutions at Daybright, expressed a similar sentiment, noting how this collaboration will enable both companies to serve their clients more effectively.
Megan Schneider, CEO of Daybright Financial, outlined the strategic importance of the acquisition, highlighting that not only will it enhance Daybright's footprint across the Pacific Northwest, but it will also introduce exciting new solutions and proprietary technology that will benefit the entire client base. Daybright Financial, a leader in employee benefits and retirement plans, has built its stature by acquiring over 60 firms since its inception, all while maintaining a commitment to community involvement and excellence in service delivery.
The acquisition of Spectrum marks a pivotal moment for Daybright Financial, reinforcing its mission to provide top-notch retirement consulting awarded to trusted brands that excel in their fields. Through this partnership, Daybright aims to further solidify its position as one of the nation’s leading privately held firms focused on comprehensive employee benefits and compliance needs.
In an era where retirement solutions are becoming increasingly complex, this merger is timely. Both companies aim to empower clients by providing seamless support and innovative solutions designed to meet the evolving needs of the workforce. As Daybright welcomes the talent and expertise of the Spectrum team, the focus remains on delivering exceptional service and innovative retirement strategies that cater to a diverse range of clients.
For more detailed information about Daybright Financial and Spectrum Pension Consultants, as well as to stay updated on their offerings and resources, visit Daybright's official website or follow them on various social media platforms. These developments are sure to generate a buzz in the industry, as both firms are known for their commitment to excellence, community service, and client satisfaction.
As Daybright Financial integrates Spectrum into its operations, the Koumantaros siblings will take on pivotal roles as Managing Partners within Daybright's Private Sector Retirement Solutions segment. Meanwhile, Maria Koumantaros is stepping back to enjoy retirement after years of dedicated involvement in the business. The integration signifies not just a change in management but a promising new chapter for Spectrum, which is anticipated to provide even more innovative solutions, better resources, and enhanced career prospects for its team.
"We are excited to be joining the Daybright family and look forward to this next chapter that promises innovative solutions for our clients," said Petros and Yannis Koumantaros. Their enthusiasm reflects a shared vision with Daybright Financial, which has long recognized the potential of this acquisition. Patrick Hale, Head of Private Sector Retirement Solutions at Daybright, expressed a similar sentiment, noting how this collaboration will enable both companies to serve their clients more effectively.
Megan Schneider, CEO of Daybright Financial, outlined the strategic importance of the acquisition, highlighting that not only will it enhance Daybright's footprint across the Pacific Northwest, but it will also introduce exciting new solutions and proprietary technology that will benefit the entire client base. Daybright Financial, a leader in employee benefits and retirement plans, has built its stature by acquiring over 60 firms since its inception, all while maintaining a commitment to community involvement and excellence in service delivery.
The acquisition of Spectrum marks a pivotal moment for Daybright Financial, reinforcing its mission to provide top-notch retirement consulting awarded to trusted brands that excel in their fields. Through this partnership, Daybright aims to further solidify its position as one of the nation’s leading privately held firms focused on comprehensive employee benefits and compliance needs.
In an era where retirement solutions are becoming increasingly complex, this merger is timely. Both companies aim to empower clients by providing seamless support and innovative solutions designed to meet the evolving needs of the workforce. As Daybright welcomes the talent and expertise of the Spectrum team, the focus remains on delivering exceptional service and innovative retirement strategies that cater to a diverse range of clients.
For more detailed information about Daybright Financial and Spectrum Pension Consultants, as well as to stay updated on their offerings and resources, visit Daybright's official website or follow them on various social media platforms. These developments are sure to generate a buzz in the industry, as both firms are known for their commitment to excellence, community service, and client satisfaction.
Topics Financial Services & Investing）
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