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Buck launched a new business in 1916, George B. Buck, Consulting Actuary, located in the Wall Street area of Lower Manhattan.
In addition to his actuarial duties for the City’s pension funds, in 1916 Mr.
In 1920, he became chairman of the Board of Actuaries of the United States Civil Service Retirement and Disability Fund, covering federal civil service employees, a post which he held until his death 41 years later.
In 1958, George B. Buck, Jr. succeeded his father when he was named administrative head of the partnership.
As part of an effort to grow externally, in 1994 the company made an offer to acquire rival Towers Perrin, the eighth largest management consulting firm, roughly four times its size.
In 1996, it paid $20.3 million to acquire the W.F. Corroon unit of London-based insurer Willis Corroon Group PLC., a move that helped in both the United States and British markets by adding offices in key cities.
1997: Buck Consultants is acquired by Mellon Bank Corp.
The $275 million cash deal closed in early 2002 when the outsourcing business was combined with Mellon Employee Benefit Solutions and the consulting business, with $100 million in annual revenues, was added to Buck Consultants.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Milliman | 1947 | $1.0B | 3,000 | 94 |
| Watson Wyatt | 2005 | $1.7B | 7,700 | - |
| Perr&Knight | 1994 | $36.4M | 90 | 9 |
| Benefit Partners | 1993 | $360.0M | 50 | - |
| Creative Associates International | 1977 | $231.0M | 200 | 3 |
| Control Risks | 1975 | $300.0M | 128 | 33 |
| Morgan Consulting Resources | 1995 | $420,000 | 50 | - |
| International Resources Group | 1978 | - | 376 | - |
| Aon | 1982 | $15.7B | 50,000 | 522 |
| Danziger & Markhoff | 1960 | $3.5M | 45 | - |
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Buck Consultants may also be known as or be related to Buck Consultants, Buck Consultants LLC and Buck Global LLC.