American Trust Retirement Services, a Memphis, Tennessee-based retirement plan provider, has acquired Stanley Benefit Services, an employee benefits consulting firm based in Greensboro, North Carolina, that specializes in retirement plan administration.
Terms of the acquisition were not disclosed.
Fund Direct Advisors Inc., a registered investment advisory firm with the same owners as Stanley Benefits, will not be part of the acquisition and will remain independent under the leadership of Wes Stanley and Chris Stanley.
The remaining team members of Stanley Benefits, including Bill Stanley and Chris Francis, will become employees of American Trust Retirement.
The acquisition will be rebranded as Stanley Benefit Services, a Division of American Trust Retirement, and eventually transition to the American Trust name, the company said in a release.
Concerns about outliving savings and healthcare costs are reshaping how "Peak 65" Americans and advisors approach income planning.
Former advisor Isaiah Williams allegedly used the stolen funds from ex-Dolphins defensive safety Reshad Jones for numerous personal expenses, according to police and court records.
Modern Wealth's latest deal for a California-based fee-only RIA marks its fourth acquisition of 2025.
Sen. Warren has warned of private market investment risks due to opacity, illiquidity, and past regulatory issues.
Use of the technology is growing and asset managers see transformative benefits.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
