Pentegra Services Inc., a White Plains, New York provider of retirement plan and fiduciary outsourcing solutions, has acquired New Pinnacle Consulting Group, a third-party retirement plan administration firm based in Cornelius, North Carolina.
Terms of the acquisition were not disclosed.
Founded in 2007, New Pinnacle Consulting specializes in 403(b) plans and currently manages over 600 retirement plans for clients nationwide. Pentegra will oversee the combined entity.
Pentegra will oversee the combined entity. Gary Mauger, co-founder and managing partner of
New Pinnacle, will continue to play an integral role in the new organization., Pentegra said in a press release. With this acquisition, all New Pinnacle employees will join the Pentegra organization.
Wealth management firm has seen an aggressive period of growth in the past year.
Survey reveals widening gap between investment ambition and workforce readiness across the sector
“It’s time for an economic reset,” wrote the California governor, in a post on X.
Masterworks was launched in 2017 but its RIA, Masterworks Advisers, is just three years old.
One 2017 form, no broker license, and a $42 million gap they say surfaced on a webinar.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.