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.
As Commonwealth advisors weigh their futures following the firm’s sale, Summit Wealth Group is charting its own course as an independent RIA with $2.1 billion in assets, moving to SEI's custodian platform.
In today's volatile market, low-risk investments are more essential than ever. Uncover proven strategies U.S. advisors use to preserve capital and deliver steady returns.
Toward the end of last year, UBS said it was redrawing its pay plan for advisors, but “every time one of the big firms like UBS tinkers with the advisors’ compensation, some of them say, that’s it, that’s the last straw,” recruiter Danny Sarch said.
Clients care less about returns than you might think.
From direct lending to asset-based finance to commercial real estate debt.
From direct lending to asset-based finance to commercial real estate debt.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.