Ascensus, which provides retirement and college savings plans, said it plans to hire almost 400 employees by the end of 2022.
Given the growth the company expects over the next 15 months, it is planning to hire staffers in the areas of technology, client services, operations, sales, marketing, compliance and general management. The employees will be added in all four of the company’s businesses — retirement, government savings, health and benefits, and FuturePlan by Ascensus.
“Ascensus is generating outstanding sales momentum as a tech-enabled solutions provider, and our wins in the marketplace are creating significantly greater opportunities to recruit and retain the best talent across our businesses,” David Musto, the company’s president and CEO, said in a release.
“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.
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Meanwhile, Wells Fargo hauled advisors overseeing $825 million in the West Coast, while Wedbush has welcomed a seasoned professional from Stifel in California.
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
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