Dresher, Pennsylvania–September 13, 2012 – Ascensus, a leading retirement plan solutions provider, announces expanded efforts to drive results for financial advisors in retirement plan servicing. Ascensus Business Development Consultants (BDCs)—part of the company’s Strategic Partners group—are aligning with advisors who have a significant portion of their business practice oriented toward defined contribution (DC) plans.
Ascensus’ outstanding service and breadth of products have led to increased business from financial advisors focused on DC plans. BDCs now serve as a consultative resource by providing tools and expanded support to these advisors as they drive enhanced outcomes for their clients. These retirement advisors employ investment flexibility, plan design and participant tools to provide the best possible solutions and improve the outcomes for the employers and employees they service. In turn, these advisors are winning more business and have higher plan retention rates.
“We see a trend toward the consolidation of plans with retirement-focused advisors who see this as a critical part of their practice,” says Kathleen Endres, Executive Vice President of Client Service. “For advisors who are committed to the retirement market, we want to customize our support and assist them to effectively deliver their unique value proposition. We are pleased to offer the Business Development Consultants to support these advisors—in concert with the Ascensus Regional Vice Presidents in each territory—from both a sales and service perspective and partner with them to grow their books of business.”
With more than 30 years of industry experience, Ascensus is a leading provider of high-quality retirement plan solutions for organizations of all sizes. Through its 1,000+ highly trained associates and one of the largest ERISA consulting practices in the U.S., Ascensus provides recordkeeping and administrative services to over 27,000 defined contribution plans and administers over 1.5 million IRAs. Ascensus partners with financial institutions to offer tailored solutions to meet the needs of financial professionals, employers and individuals. For more information, visit www.ascensus.com.CONTACT:
Executive Vice President, Strategic Business Support Services