Sapers & Wallack
News & Events
Information Center
Events
Sapers & Wallack Named Finalist for Massachusetts Family Business Award
Newton, MA – Sapers & Wallack was recently named a finalist for the Family Business Association Awards for Massachusetts 2011 for the Small Business of the Year category. As one of several worthy nominees in the Small Business of the Year category, the finalists were recognized on November 3, 2011 at the annual awards dinner at the Royal Sonesta Hotel in Cambridge. The winners were announced on the night of the event.
The Family Business Association Awards for Massachusetts 2011 honor and highlight the outstanding achievements of Massachusetts-based, family owned businesses. The annual awards program brings together the leaders in family business across the state.
Founded in 1932, Sapers & Wallack, Inc. is a fourth generation financial services business specializing in insurance, group benefits, executive benefits, retirement plans, investment management, and charitable concepts. This past year, Sapers & Wallack, Inc. celebrated its 79th anniversary. The firm serves hundreds of clients across New England, including Fortune 1000 corporations, non-profits, family businesses, venture-backed start-ups, and high net worth individuals.
The firm was established in 1932 by Abraham “Abe” Sapers, who originally started his career in insurance as a Sun Life agent. Abe was extremely family-oriented and welcomed in his son, Bill, to expand the business. The two established Sapers Insurance Agency. Soon thereafter, Bill formed one of the first partnerships in the industry with Norman Wallack, and the firm was re-named Sapers & Wallack, Inc. Today, the firm of 35 professionals is lead by CEO Aviva Sapers, daughter of Bill and granddaughter of Abe, and President Ed Wallack, son of Norman.