Well-Established Compliance Expert Will Act as CCO at the Corporate Level and Across Multiple Business Lines
Dresher, PA—Ascensus, a technology-enabled solutions provider that helps more than 8 million Americans save for the future, announces the appointment of Robert Kaplan as chief compliance officer (CCO).
In this role, Kaplan will act as CCO at the corporate level and across multiple lines of business, including 529 college savings plans and other government-sponsored savings plans. He will also be responsible for the firm’s broker-dealers, investment advisor, transfer agent, and trust companies, developing and instituting organizational programs while leading the compliance team.
Kaplan brings more than 30 years of broker-dealer and investment advisor compliance experience to Ascensus. He previously held the position of vice president and district director for the FINRA district office located in Philadelphia. Kaplan joined FINRA in 2000, serving as deputy director and acting director of the New York district office. Prior to his association with FINRA, he served as senior vice president, secretary, counsel, and chief compliance officer for Fiserv Securities, Inc.
Kaplan holds a B.A. in History from Temple University and a Juris Doctor from Villanova University School of Law. He also attended the FINRA Institute at the Wharton School of the University of Pennsylvania, where he was designated a Certified Regulatory and Compliance Professional.
“Bob’s in-depth legal and regulatory expertise—along with his proven leadership skills—will help to ensure that Ascensus continues to have a best-in-class compliance function,” said Joe Dansky, Ascensus’ head of legal, risk management, and compliance. “On behalf of everyone at Ascensus, I’m pleased to welcome Bob to our organization.”
“Bob’s extensive experience in leading compliance departments at FINRA and in the financial services industry makes him an outstanding choice to oversee compliance at Ascensus,” states David Musto, president of Ascensus. “Adding a seasoned veteran like Bob is yet another example of Ascensus’ ability to attract high-end talent who can contribute to our company’s growth.”
Ascensus helps more than 8 million Americans save for the future—retirement, education, and healthcare—through technology-enabled solutions. With more than 35 years of experience, the firm offers tailored solutions that meet the needs of asset managers, banks, credit unions, state governments, financial professionals, employers, and individuals. Ascensus supports over 60,000 retirement plans, more than 4 million 529 education savings accounts, and a growing number of ABLE savings accounts. It also administers more than 1.6 million IRAs and health savings accounts. As of March 31, 2018, Ascensus had over $187 billion in total assets under administration. For more information about Ascensus, visit ascensus.com.