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Written by / Agency / Source: The Retirement Advantage, Inc.

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The Retirement Advantage, Inc. Acquires Markley Actuarial Services, Inc. - The Retire Advantage, Inc., Acquires Third Company This Year - MarkleyActuarial.com / TRA401k.com
The Retirement Advantage, Inc. Acquires Markley Actuarial Services, Inc.

 

NewswireToday - /newswire/ - Appleton, WI, United States, 2018/04/18 - The Retire Advantage, Inc., Acquires Third Company This Year - MarkleyActuarial.com / TRA401k.com.

   
 
 

The Retirement Advantage, Inc. (TRA), an industry-leading national retirement services company announced today the acquisition of Markley Actuarial Services, Inc. (Markley), an independently owned actuarial firm, headquartered in Lancaster, PA.

With the acquisition of Markley on March 30, 2018, TRA now has retirement plan professionals in 31 states to support its national base of clients, financial advisors and recordkeeping partners with customized retirement plan design and solutions.

“We are thrilled to have the Markley team join TRA. The acquisition of Markley is a strategic investment that strengthens our actuarial capabilities and continues to position us well for long-term growth. Each of the Markley partners will be taking ongoing roles within TRA,” said Matt Schoneman, president of TRA

“All of us at Markley are very excited about joining forces with TRA” says Lisa Showalter, president of Markley who will assume the role of Director of Business Development with TRA. “The leadership at Markley recognized the hard work TRA has put into achieving their vision of being an industry-leading retirement plan solutions provider. We are looking forward to contributing to TRA’s expanding actuarial consulting services in addition to being able to offer our valued clients and strategic partners access to additional services provided by TRA. Markley’s focus over the last 33 years as an independent third-party administration and actuarial firm is very consistent with TRA’s focus on providing high quality third party administration service through use of the industry’s top technology and resources and maintaining best-in-class partnerships.”

“Joining the TRA family is an encouraging scenario for both our clients and our employees,” said John Markley, founding partner and chief executive officer of Markley. “We’ll continue to provide service delivery that ensures accuracy, responsiveness, and timelines; only now we’ll be backed by the resources of the one of the largest independent national retirement services provider in the country.”

Over the past three months TRA has integrated the partners, clients and employees from Actuarial Consulting Services and Applied Plan Administrators. “Adding Markley into the formula will expand TRA’s consulting capabilities and extend our national footprint,” stated Matt Schoneman, president of TRA.

About of Markley Actuarial Services, Inc.

Located in Lancaster City and established in 1985, Markley Actuarial (markleyactuarial.com) is a third-party administrator and actuary for retirement plans. The firm’s services include plan design and consultation services, cash balance plans, frozen defined benefit plan services, and full-service third-party administration for defined contribution and defined benefit plans.

About The Retirement Advantage, Inc. (TRA)

TRA (tra401k.com), based in Wisconsin, is an independently owned third party administration (TPA) firm that specializes in the administration, consultation, compliance of retirement plans for privately held businesses nationwide. Currently TRA provides service to more than 7,500 plan sponsors, with more than $7 billion in retirement Assets Under our Administration (AUA).

 
 
 

Written by / Agency / Source: The Retirement Advantage, Inc.

 
 

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The Retirement Advantage, Inc. Acquires Markley Actuarial Services, Inc.

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Publisher Contact: Bil Sunagel - TRA401k.com 
888-872-2364 matt.schoneman[.]tra401k.com
 
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