News ReleasesAscensus 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.
News ReleasesTeresa 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.
News ReleasesAscensus 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
News ReleasesAscensus 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.
Thought LeadershipState of Savings: December 2020
The economic impact of the COVID-19 pandemic has been felt far and wide, both in the U.S. and globally. But what has it meant for tax-advantaged savings levels in vehicles such as retirement , 529, and health savings & flexible spending accounts? Our proprietary data, tracked over the course of 2020, reveal shifts in contribution and withdrawal behaviors by business owners and individuals in response to the financial challenges posed by the pandemic. Overall, these insights suggest a continued appreciation for the importance of savings and the ability to access these savings when needed.
News ReleasesAscensus 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
News ReleasesAscensus 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
Thought LeadershipState of Savings: August 2020
Our proprietary data reveals how individuals in the U.S. have changed their savings behaviors over the course of the COVID-19 pandemic as business and travel restrictions disrupted our economy. Throughout the summer months, we've started to see some very early signs of recovery.
Thought LeadershipState of Savings: October 2020
Our proprietary data reveals how individuals in the U.S. have changed their savings behaviors over the course of the COVID-19 pandemic as business and travel restrictions disrupted our economy.
News ReleasesAscensus 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