Healy Group outgrows building
By Kevin Allen, South Bend Tribune, Ind. | |
McClatchy-Tribune Information Services |
"We're bursting at the seams," said
So,
Construction started in June on a new building that will more than double the firm's space to 12,300 square feet. The
Healy's owners --
Raciti said diversification has been a key to the company's growth. The firm has four divisions: Healy Benefits, Healy Financial,
"We've found that's helpful when you go through difficult economic periods like we did with the Great Recession," Raciti said. "For instance, our mortgage division boomed during that period of time with all the refinances that were going on."
Healy Benefits advisers also have been helping businesses and individuals with their health insurance decisions under the Affordable Care Act, the health care overhaul that
"In the benefits world, health care reform certainly is giving us lots of opportunities to guide our clients through it," said Rowland, who is a citizen advisory member of the Tribune's editorial board. "There are some opportunities we want to take advantage of as it continues to unfold."
Nyers added, "I think we're going to see consolidation in the benefits world, so there will be opportunities for acquisitions, and that might be where we'd see additional locations. The way we situated our lot (for the new building), we have room to expand with a second building on our property."
Healy has invested in technology as well to keep up with clients who previously lived in the Michiana area but have retired to warmer climes. The company has clients in at least 25 states.
"We see more of that happening in the future," Raciti said. "For us, technology has been really important to create Web meetings with our clients to maintain that personal contact, that high touch."
And Healy's employees have a good incentive to perform well.
The firm's founder,
"When you have a path to becoming an owner, I think there's something that gets people more focused on doing the best possible job," Preuss said. "Our desire is that we have lots of owners. Ed would say that 25 percent of a really big pie is better than 100 percent of a little pie."
Raciti added, "Our people are the greatest strength of our organization.
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