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The Retirement Advantage, Inc. Expands Consulting Capabilities and National Footprint - TRA Announces Purchase of Benefit Strategies, Inc. and Scholz & Friends Enlightened Retirement Group, Inc. - TRA401k.com
The Retirement Advantage, Inc. Expands Consulting Capabilities and National Footprint

 

NewswireToday - /newswire/ - Appleton, WI, United States, 2019/09/25 - TRA Announces Purchase of Benefit Strategies, Inc. and Scholz & Friends Enlightened Retirement Group, Inc. - TRA401k.com.

   
 
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The Retirement Advantage, Inc. (TRA), an independently owned, industry-leading national retirement services company, today announced the acquisition of two retirement plan consulting and administration firms: Benefit Strategies, Inc. of Roanoke, Virginia (BSI) and Scholz & Friends Enlightened Retirement Group, Inc. (S&F) of San Antonio, Texas.

“BSI and S&F are two strategic acquisitions for us. Both firms will allow us to further expand TRA’s consulting capabilities and extend our national footprint,” said Matt Schoneman, President of TRA. “We are very excited to have the knowledgeable and experienced staff members of each company join our firm. With the addition of the staff and our continued investment in technology, cybersecurity, automation, sales, and service capabilities, we will further enhance the already excellent customer service experience we provide to our clients, recordkeeping and financial partners."

“The timing and locations of these opportunities couldn’t have been more ideal,” commented Jeff Schreiber, TRA’s Director of Sales. “These are two well-respected retirement plan providers in two of our designated growth markets. TRA’s business is providing service to retirement plans of all sizes, and we look forward to supporting our newest clients and helping their employees reach their retirement goals.”

Over the past eight months, TRA has acquired and successfully integrated Gillespie and Company of Virginia and Quality Pension Services, Inc. in Chico, CA. “We are currently offering complimentary and confidential business assessments for TPA business owners who might be asking ‘Is it time to sell?’ Whether an acquisition proves to be a good fit or not, exploring the possibility is a great exercise to contemplate the future of a business. It never hurts to talk,” concluded Schoneman.

About Benefit Strategies, Inc. (BSI)
As one of the earliest active retirement firms in Virginia, BSI has provided customized retirement solutions for employers of all types and sizes throughout the US for over 30 years. Their depth of experience includes design, consulting, administration and management of employer-sponsored retirement plans.

About Scholz & Friends Enlightened Retirement Group, Inc. (S&F)
For more than 16 years, S&F has provided Defined Benefit and Defined Contribution Plans, with the highest level of quality and service for plan design and implementation, consulting, administrative services and government compliance. S&F is headquartered in San Antonio, TX and it is their goal to add continued value to the retirement programs sponsored by business owners and the financial advisors who also serve those plans. S&F calls their unique approach to retirement plan consulting “Enlightened Self-Interest.”

About The Retirement Advantage, Inc.
TRA (tra401k.com), based in Wisconsin, is a national retirement services company providing third-party administration and fiduciary services to financial advisors, wealth managers and businesses of all sizes. An on-going commitment to providing expert consultation, resources and exceptional customer service has positioned TRA as one of the largest, privately held third-party administrators in the nation. We proudly serve more than 8,500 plan sponsors with more than $8 billion in retirement assets under administration. You can count on us to deliver on time, on budget, and with precise attention to detail.

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

 
 

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The Retirement Advantage, Inc. Expands Consulting Capabilities and National Footprint

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Publisher Contact: Bil Sunagel - TRA401k.com 
888-872-2364 Matt.Schoneman[.]tra401k.com
 
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