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Ascensus, LLC. is an American financial services company that provides financial recordkeeping, tax-advantaged savings and retirement plan services. As of 2024, the company reports that it manages more than 14 million accounts and oversees more than $808 billion in assets under administration.
Edelman Financial Services, a financial advisory firm, was founded in 1986 [8] by married couple Jean and Ric Edelman. [9] Sanders Morris Harris Group, a publicly traded wealth management firm, [10] purchased a majority stake of Edelman Financial Services in 2005. [11]
A Pension administration firm can also be a division of a larger corporation engaged in the retirement plan business, such as with Principal Financial Group. The term "bundled" is sometimes used to refer to such an arrangement; [12] [13] [14] the same company maintains the plan, manages investments, and provides custody services.
Edelman Financial Engines Founder Ric Edelman joins the Yahoo Finance Live panel to discuss how ‘baby bonds’ can help close the racial wealth gap.
Fredric Mark "Ric" Edelman [6] is an American investor and author. He is the founder of Edelman Financial Services (later, Edelman Financial Engines), the author of several personal finance books, and the host of a weekly personal finance talk radio show called The Ric Edelman Show . [ 7 ]
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The company’s activity covers the entire spectrum of defined benefit and defined contribution plans including: 401(k), 403(b) (Traditional and Roth IRA's), 401(a), 457(b), non-qualified deferred compensation, profit sharing, money purchase, traditional DB, DB non-qualified, cash balance, and Taft-Hartley plans.
Former acting Director of National Intelligence Richard Grenell is reportedly under consideration by President-elect Trump to be special envoy for the Russia-Ukraine conflict.