Goldman Sachs Asset Management and Ascensus, a Dresher, Pennsylvania-based plan record keeper and third-party administrator, have launched a retirement plan program for small and midsize businesses.
The Goldman Sachs Workplace Retirement Solution provides an integrated 401(k) or 403(b) retirement program designed to support the needs of small and midsize businesses. It will offer digital advice and digital financial wellness support and use the Ascensus platform.
“This new program provides a turnkey solution that is flexible, cost-effective and simple to use. It also offers a personalized benefits experience that can help small businesses — only 53% of which currently offer an employee retirement benefits program — further differentiate themselves,” the companies said in a release.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
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