News Releases

News Releases
Ascensus to Be Acquired by Stone Point Capital and GIC From Private-Equity Consortium

Ascensus announced today that funds managed by Stone Point Capital, the Greenwich, CT-based private equity firm specializing in financial services, along with GIC, Singapore's sovereign wealth fund, have entered into a definitive agreement to acquire Ascensus from its current private equity ownership group led by Genstar Capital, Aquiline Capital Partners, and Atlas Merchant Capital. Genstar Capital and Aquiline Capital Partners will maintain a minority stake in Ascensus.

April 26 2021
News Releases
Teresa Hassara Named President of FuturePlan by Ascensus

Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce that Teresa Hassara will join the company as president of its FuturePlan by Ascensus line of business effective April 12, 2021. She will immediately become a member of Ascensus' Operating Committee and report directly to David Musto, president and CEO of Ascensus.

April 12 2021
News Releases
Ascensus Acquires Health & Welfare Form 5500 Preparation and Plan Document Services Business from ABV Advisors

Book-of-Business Transaction Boosts Ascensus' Compliance Expertise While Increasing Client Base for Health & Welfare Form 5500 Solutions

March 18 2021
News Releases
Ascensus Announces Completion of Truist Retirement Recordkeeping Acquisition

All Heritage BB&T Plans Successfully Transitioned to Ascensus Platform

Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—has completed the acquisition of the heritage BB&T bundled retirement recordkeeping business from Truist Bank that was announced on January 6, 2021. Financial terms of the deal, which closed on March 3, were not disclosed.

March 05 2021
News Releases
Ascensus Launches READYSAVE™ 529 Mobile App

First-of-Its-Kind Education Savings App Makes It Easy for Users to Access Information, Track Progress, and Make Contributions

February 02 2021
News Releases
FuturePlan by Ascensus Appoints Kasey Price as Head of Sales

Highly Respected Retirement Industry and FuturePlan Leader Will Oversee Organization's Sales Strategy and Distribution Efforts to Provide Partner and Client Value

January 12 2021
News Releases
Ascensus Announces Agreement to Acquire Recordkeeping Retirement Business from Truist

Transaction Includes Heritage BB&T Plans Along with Heritage BB&T Outsourced Recordkeeping Business Currently Serviced by Ascensus

January 06 2021
News Releases
Ascensus Receives Top Honors from Retirement Plan Sponsors for Providing Best in Class Support

Firm Wins Most Best in Class Awards for Plans Up to $50MM in PLANSPONSOR Defined Contribution Survey

February 01 2021
News Releases
Ascensus Announces New Digital Retirement Plan Sales Proposal System

Next Development in Series of Technology Investments Is Designed to Create Efficiencies for Advisors and Drive Analytics-Informed Behavior

October 01 2020
News Releases
Ascensus Announces Expansion of Personalized Advice and Managed Account Services

Firm’s Technology Integration Offers Institutional Partners and Advisors More Flexibility on Its Open-Architecture Platform

September 01 2020