I remain upbeat about the shares of Marsh & McLennan (MMC), a US-based multinational professional services firm. Recently, the company announced that its unit had acquired RJF Financial Services, a retirement advisory firm. RJF Financial has been working in the retirement service business for 25 years and has served retirement plan sponsors, participants, and business executives in multiple states across the US. The buyout should expand Marsh & McLennan’s retirement services capabilities.To note, Marsh & McLennan regularly undertakes strategic acquisitions to enhance its growth profile. In the fourth quarter of 2016, the company bought UK-based insurance broker Bluefin Insurance Group, as well as Thomsons Online Benefits, a global SAS company. Recently, it closed the previously announced acquisition of J. Smith Lanier, one of the largest privately held insurance brokers in the US.Marsh & McLennan financials for the fourth quarter of 2016 were solid. Consolidated revenues increased 0.8% y-o-y (3% on an underlying basis) to $3.36 bn. Risk & Insurance Services revenues were $1.79 bn, up 3.5% from the year-ago quarter, while Consulting revenues declined 2.1% to $1.58 bn. At the same time, adjusted operating income jumped 16.2% to $676 mn, and operating margin expanded 250 basis points to 20.1%. Adjusted earnings per share soared 25.4% to 89 cents beating analysts’ average projection by 5 cents. For full year 2016, Marsh & McLennan earned $3.42 per share (growth of 12.1%) on revenues of $13.21 bn (growth of 2.5%). In 2016, Marsh & McLennan bought back $800 mn worth of shares. Besides, the company increased its share repurchase program to up to $2.5 bn. A quarterly dividend of 34 cents per share offers a healthy dividend yield of about 1.9%.I believe that the recent acquisitions and well-executed restructuring initiatives will allow Marsh & McLennan to continue to deliver solid financials going forward. I expect the company’s share to continue growth, with medium term target at $80. $MMC, Marsh & McLennan Companies, Inc. / D