Corporate culture

Dan Basile Shares Best Practices for Fostering Engagement with Financial Wellness Programs

In a PLANSPONSOR webcast​ presented on March 25, Dan Basile, Ascensus’ head of retirement product, shared perspective on tactics employers can leverage to foster employee engagement with their financial wellness offerings. He encourages employers to utilize multi-channel communications tactics and to identify employee advocates who can act as champions of the program to their colleagues.

He also shared insight on why Ascensus chose to partner with Financial Finesse and how we’ve incorporated their wellness tools and services into our core retirement plan product to ensure employees across businesses of all sizes could access the tools and education they need to chart a personalized savings strategy. Watch a full recording of the webcast here​.


Ascensus Appoints Two New Regional Vice Presidents

Michael Moschetta and James Swartz Join Retirement Plan Sales Team to Support Financial Advisors and Their Clients

 

Dresher, PA—Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce the appointments of Michael Moschetta and James Swartz as regional vice presidents on the firm’s retirement plan sales team.

Moschetta and Swartz are tasked with building and maintaining Ascensus’ retirement plan distribution networks by working with financial advisors, third-party administrators, and financial institutions—including institutional and DCIO (defined contribution investment only) partners. Moschetta will report to Anthony Bologna, retirement sales divisional vice president of the eastern region, and Swartz to the soon-to-be-appointed head of the western region.

Moschetta will serve the Erie territory, covering Pittsburgh and upstate New York. He brings nearly 20 years of retirement experience across both recordkeeping platforms and investments, with a focus on consultative sales, relationship building, and financial acumen. He most recently worked as a regional vice president for CUNA Mutual Retirement Solutions and has also held retirement sales positions at Neuberger Berman, The Hartford, and Nationwide.

Moschetta earned his Bachelor of Science in Business Administration: Marketing from The Ohio State University. He also holds FINRA Series 6, 7, 63, and 65 designations.

Swartz will represent Ascensus in the newly established L.A. and Central Valley region, which was created to enhance sales support and coverage in California. Alongside counterparts in the Northern and Southern California regions, Swartz will tap into his 20+ years of retirement product, sales, and relationship management experience to serve advisors and their clients in the nation’s most populous state. He most recently held the position of senior regional sales manager for Securian Financial and has also held positions at Transamerica, SunGard, and Wells Fargo.

Swartz earned his Bachelor of Science in Business Administration & Finance from California State University, Northridge and his Master of Business Administration in Management from California State University, San Bernardino. He is an Accredited Investment Fiduciary® and holds FINRA Series 7 and 66 designations as well as a life insurance license.

“Adding Michael and James reaffirms Ascensus’ commitment to supporting advisors and their clients with high-performing individuals who build meaningful, lasting relationships and business alliances,” said Jason Crane, head of retirement sales at Ascensus. “In James’ case, the creation of a new territory also demonstrates Ascensus’ continued investment in distribution so that we may help more people save for what matters.”

 

About Ascensus

Ascensus helps millions of people save for what matters—retirement, education, and healthcare. Our technology, market insights, and business knowledge enhance the growth and success of our partners, their clients, and savers. Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. For more information, visit ascensus.com. Explore the Ascensus’ latest data and insights on savings behaviors at pulse.ascensus.com and view career opportunities at careers.ascensus.com.


Ascensus Appoints New Regional Vice President

Jennifer Hinrichsen Joins Sales Team to Support Financial Advisors and Their Clients in the Florida Region

Dresher, PA—Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce the appointment of Jennifer Hinrichsen as regional vice president of the firm’s retirement plan sales team for the Florida region.

In this role, Hinrichsen will work with financial advisors, third-party administrators, and financial institutions—including institutional and DCIO (defined contribution investment only) partners—to build and maintain Ascensus’ retirement plan distribution networks. She will report directly to Chad Brown, divisional vice president, retirement sales.

Hinrichsen brings more than 20 years of retirement industry experience to her role and a reputation for building successful, mutually beneficial business relationships with advisors. Prior to joining Ascensus, she served as a senior consultant and external wholesaler at Principal Financial Group, working with financial professionals and corporate plan sponsors to design, implement, and deliver institutional non-qualified executive benefit solutions. During the course of her career, Hinrichsen has also worked for State Farm Insurance, Phoenix Wealth Management, MetLife Financial, and Manulife Financial. She attended Nova Southeastern University and holds several designations, including Chartered Financial Consultant® (ChFC®) and Financial Services Specialist (FSS), along with FINRA Series 6 and 63 licenses.

“Jennifer is a highly talented individual whose deep commitment to advisor support and business development makes her an ideal candidate to represent Ascensus in our Florida region,” states Jason Crane, head of retirement sales at Ascensus. “Her dedication to putting clients and individuals on the path toward healthy and fulfilling retirements aligns with our noble purpose of helping people save for what matters; we’re extremely pleased to have her join the Ascensus team.”

 

About Ascensus
Ascensus helps millions of people save for what matters—retirement, education, and healthcare. Our market insights and business knowledge enhance the growth and success of our partners, their clients, and savers. Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. For more information, visit ascensus.com. Explore the Ascensus’ latest data and insights on savings behaviors at pulse.ascensus.com and view career opportunities at careers.ascensus.com.


Ascensus Receives Top Honors for Exceptional Support from Retirement Plan Sponsors and Advisors

Firm Receives Most Best in Class Awards in <$50MM Segments in PLANSPONSOR Defined Contribution (DC) Survey and Wins 2019 PLANADVISER Adviser Choice Award

Dresher, PA—Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce that it has received the most Best in Class Awards among all providers for plan segments up to $50 million in the 2019 PLANSPONSOR Magazine Defined Contribution (DC) Survey. This marks the second consecutive year that the firm has received the most overall awards for those retirement plan size segments. Overall, Ascensus won a total of 56 awards across the under $5 million, $5 to $25 million, and $25 to $50 million plan segments.

For over two decades, PLANSPONSOR’s annual DC Survey has been a significant retirement industry benchmark, measuring and evaluating 401(k) and other DC providers according to feedback from their own plan sponsor clients. “Plan sponsors rate their providers by category, and those ratings are compared to benchmarks to establish ‘Best in Class’ standards.”

Ascensus received PLANSPONSOR Best in Class recognition in the following categories:

  • 15 Awards for Technology;
  • 15 Awards for Plan Administration;
  • 9 Awards for Communication and Education;
  • 9 Awards for Sponsor Service/Support; and
  • 8 Awards for Investments and Fees.

The firm received Best in Class status for all plan segments up to $50 million in every possible category for Plan Administration and Sponsor Service/Support. The firm’s participant and plan sponsor websites also achieved “Best in Class” status across all of these segments, demonstrating that Ascensus’ approach to digital experiences continues to meet the needs of savers and employers. In 2019, Ascensus received nine more “Best in Class” awards in the $25 to $50 million plan segment relative to 2018, reflecting an added investment in products and services for growing businesses.

“We’re thrilled to see that our flexible, scalable service model and leading technology have enabled us to achieve notable recognition from both our small and mid-sized plan sponsor clients,” states Shannon Kelly, head of Ascensus’ retirement line of business. “Through our WellBusiness framework, we will continue to focus on providing value-add services and support that promote plan and overall business health for employers of all sizes.”

Ascensus has also been named a winner in the recordkeeping category of the 2019 PLANADVISER Adviser Choice Awards. The Adviser Choice Awards recognize the firms that retirement specialist advisors favor most as indicated in PLANADVISER’s annual Retirement Plan Adviser Survey. Ascensus received top rankings in the following categories:

  • #1 for Fee Clarity, Accounting, Disclosure, Benchmarking
  • #2 for Best Overall Service, Micro Plans (under $5 million)

“We’re delighted to receive this recognition from our plan sponsor clients and advisor partners,” states Rick Irace, chief operating officer of Ascensus’ retirement line of business. “These phenomenal results validate that our expert service and technology continue to deliver on our purpose to help clients and their employees save for a more secure retirement.”

Ascensus will be honored as a 2019 PLANSPONSOR DC Survey Standout and PLANADVISER Adviser Choice Award winner at the 2020 PLANSPONSOR/PLANADVISER Excellence in Retirement Awards on March 26, 2020.

 

About Ascensus
Ascensus helps millions of people save for what matters—retirement, education, and healthcare. Our market insights and business knowledge enhance the growth and success of our partners, their clients, and savers. Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. For more information, visit ascensus.com. Explore the Ascensus’ latest data and insights on savings behaviors at pulse.ascensus.com and view career opportunities at careers.ascensus.com.


Ascensus Appoints Dan Basile as Head of Product for the Firm’s Retirement Line of Business

Industry Veteran Will Shape a Robust Retirement Solutions Roadmap Tailored to Clients’ and Savers’ Needs

Dresher, PAAscensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce the appointment of Dan Basile as head of product for the firm’s Retirement line of business.

In this role, Basile will lead retirement product strategy and development initiatives. He will also work closely with other business lines to advance integration opportunities and innovation efforts across the organization. Basile will report to Shannon Kelly, head of Ascensus’ Retirement line of business.

Prior to joining Ascensus, Basile spent nine years at BlackRock, most recently as managing director and head of product management for the firm’s U.S. & Canada defined contribution business. He led product efforts across both institutional and advisor-sold sales channels, while overseeing the team responsible for all aspects of product delivery, including pricing, implementation, and driving the technology agenda. Basile started his career as a pension benefit administrator at MetLife and has over 20 years of retirement industry experience covering nearly all aspects of the business, including plan design and administration, implementation, investments, and systems project management. He received a Bachelor of Arts degree in Mathematics from Gettysburg College and holds his Series 7, 66, and 24 licenses.

“Dan’s vast experience and deep domain knowledge make him an excellent choice for shaping our strategic vision for retirement products and services,” states Kelly. “With his leadership, we will continue to work with leading institutional and distribution partners to help meet the savings needs of our retirement plan clients and their employees.”

About Ascensus

Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. The firm delivers technology and expertise to help millions of people save for what matters most—retirement, education, and healthcare. For more information about Ascensus, visit ascensus.com. Explore the firm’s latest data and insights on savings behaviors at pulse.ascensus.com and view career opportunities at careers.ascensus.com.

 


Ascensus Associate Named a Microsoft Most Valuable Professional

Kylie Kiser Recognized as an Exceptional Technology Community Leader

Dresher, PA—Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce that Kylie Kiser, customer relationship management (CRM) product owner, has been awarded this year’s Microsoft Most Valuable Professional (MVP) award. This prestigious award, which recognizes just over 2,000 people worldwide, seeks to spotlight exceptional technology leaders in the Microsoft community who share a deep commitment to helping others.

Kiser has been an active member in the Microsoft community since 2010, specifically in the CRM User Group (CRMUG) in which she currently serves as a chapter leader for Washington, DC. Before being recognized as a Microsoft MVP, Kiser was named a CRMUG All-Star (2015) and the 2016 CRMUG chapter leader of the year.

Since joining Ascensus’ IT organization in May, Kiser has proven to be a critical member of the firm’s rapidly growing CRM team. With almost 10 years of experience driving significant CRM initiatives, her expertise has been critical to streamlining processes and creating value for clients and internal business partners. Her new Microsoft status will grant Ascensus access to Microsoft executives and senior product team members, along with the ability to engage with other MVPs and potentially impact Microsoft product innovations—keeping Ascensus on the cutting edge of the industry.

“We’re proud to have a team member like Kylie who has been recognized in the industry with such a distinguished designation,” says John Schroeder, Ascensus’ chief information officer. “It underlines our commitment to investing in Ascensus’ future as we strive to hire the industry’s leading innovators to provide our clients with the best user experiences possible.”

Along with the other members of this highly select group, Kiser’s profile is live on the Microsoft MVP website.

 

About Ascensus

Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. The firm delivers technology and expertise to help millions of people save for what matters most—retirement, education, and healthcare. For more information about Ascensus, visit ascensus.com. View career opportunities at careers.ascensus.com.

 


FuturePlan by Ascensus Appoints Greg Taylor as Divisional Vice President for the Southern California Region

Industry Veteran to Provide Retirement Plan Clients with Enhanced Consultative Support and Expand Relationships with Strategic Recordkeeping and Financial Advisor Partners

Dresher, PA — FuturePlan by Ascensus—the nation’s largest retirement TPA—is pleased to announce the appointment of Greg Taylor as divisional vice president (DVP) for the Southern California region.

In this role, Taylor will be responsible for helping to create and implement strategies that will drive the continued success of the FuturePlan sales team. He will also consult with sales representatives from FuturePlan’s recordkeeping partners and financial advisors whose prospective and existing small business clients could benefit from the support of a TPA in designing a retirement plan solution. Taylor joins FuturePlan’s national sales team that was announced earlier this year: Kasey Price (head of Institutional Sales), Jim Houpt (DVP of the Northeast, Mid-Atlantic, and Central regions), Richard Tatum (DVP of the Southeast and Southwest regions), and Eric Sharp (DVP of the Northwest region).

Taylor brings more than 40 years of retirement industry experience and extensive expertise in plan design, administration, actuarial services, and recordkeeping services. He most recently served as executive vice president in charge of QBI, an Ascensus company, which he co-founded in 1978. He has been an active member in industry organizations—including the American Society of Pension Professionals & Actuaries (ASPPA) and the National Institute of Pension Administrators (NIPA)—throughout his career. Taylor received a Bachelor of Arts degree in Economics from UCLA, where he was an offensive lineman on university’s football team.

“Greg is a well-established leader who has enjoyed tremendous success in the TPA industry by virtue of his superior work ethic and business acumen,” states Jerry Bramlett, head of FuturePlan. “Our business owner clients and key partners in the Southern California region will no doubt benefit from his ability to provide the support they need to meet their objectives.”

 

About FuturePlan by Ascensus
FuturePlan by Ascensus is the nation’s largest retirement TPA, combining high-touch local service with the strength and security of an industry leader. A business division of Ascensus, FuturePlan’s dedicated team serves more than 44,000 retirement plan sponsors in more than 40 locations across the country. For more information, visit futureplan.com.

 

About Ascensus
Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. The firm delivers technology and expertise to help millions of people save for what matters most—retirement, education, and healthcare. For more information about Ascensus, visit ascensus.com. View career opportunities at careers.ascensus.com.


Ascensus Appoints New Regional Vice President

Bryan Bracchi Joins Sales Team to Support Financial Advisors and Their Clients in the Northern Texas Region

Dresher, PA – Ascensus—whose technology and expertise helps millions of people save for retirement, education, and healthcare—is pleased to announce the appointment of Bryan Bracchi as regional vice president of the firm’s retirement plan sales team for the Northern Texas region, covering North Texas and Oklahoma.

In this role, Bracchi will work with financial advisors, third-party administrators, and financial institutions—including institutional partners and DCIO (defined contribution investment only) sales representatives—to build and maintain Ascensus’ retirement plan distribution networks. He will report directly to Chad Brown, divisional vice president of the western region, retirement sales at Ascensus.

Bracchi brings nearly 20 years of retirement industry experience to his role, including expertise on territory development and fostering strong client relationships. Prior to joining Ascensus, he served as vice president, senior retirement plan strategist at Franklin Templeton Investments and vice president, retirement plan consultant at Oppenheimer Funds. Bracchi earned his Bachelor of Science degree in Business—Human Resource Management from Auburn University and holds his FINRA Series 7, 63, and 66 licenses along with his Accredited Investment Fiduciary® and Certified Health Savings Adviser designations®.

“Bryan’s deep industry knowledge and excellent communication skills allow him to establish a rapport with clients that helps him to accurately assess—and ultimately meet—their needs,” states Jason Crane, head of retirement sales at Ascensus. “We’re looking forward to watching him apply his professional and interpersonal skills to building and maintaining advisor relationships in the Northern Texas region.”

 

About Ascensus
Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. The firm delivers technology and expertise to help millions of people save for what matters most—retirement, education, and healthcare. For more information about Ascensus, visit ascensus.com. View career opportunities at careers.ascensus.com.

Ascensus President David Musto to Assume Chief Executive Officer Responsibilities in 2020, Bob Guillocheau to Remain Chairman

Dresher, PA — Ascensus—whose technology, expertise, and collaborative partnership help more than nine million people save for retirement, education, and healthcare—announced today that David Musto, currently president of the organization, will add chief executive officer (CEO) responsibilities to his role, effective January 1, 2020Bob Guillocheau, currently chairman and CEO of Ascensus, will continue to serve as chairman.

“I’m delighted that David will soon be leading our organization forward as CEO,” said Guillocheau. “His deep industry perspective, expertise, and leadership skills are exactly what we need to take Ascensus to the next level and grow our competitive advantage.”

Musto added, “I’m honored by the opportunity to build on what Bob has achieved for Ascensus. Our commitment to our clients, partners, and associates has never been stronger, and our investments in our capabilities and services will only continue to grow.”

Musto joined Ascensus in 2017. As president, he is responsible for growing the company’s existing businesses. With more than 30 years of experience in financial services, he previously served as president of Great-West Investments, executive vice president of Empower Retirement, and CEO of J.P. Morgan Retirement Plan Services. His early career spans executive roles with Prudential Financial, CIGNA, and Kamoon, a start-up financial software company. Musto earned an MBA in Finance and International Business from NYU-Stern School of Business and a BBA in Finance from The College of William and Mary.

Guillocheau is a financial services industry veteran with more than 35 years of experience. He joined the company in 2003 and has held the role of CEO since 2005. Guillocheau was named chairman in 2017. Previously, he was executive vice president and general manager of First Data Retirement Services, chief operating officer of ChannelWave, and chief financial officer for Mellon Bank’s Mutual Fund Services Group. He holds a B.S. in Economics and Accounting from The College of the Holy Cross.

 

About Ascensus
Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. The firm delivers technology and expertise to help millions of people save for what matters most—retirement, education, and healthcare. For more information about Ascensus, visit ascensus.com. View career opportunities at careers.ascensus.com.


Chard Snyder Recognized by WEX Health for Outstanding Achievement at Annual WEX Health SPARK Conference

Earns Partner Excellence Award for Progressive Healthcare Solutions 

MASON, OH — Chard Snyder, a third-party administrator of employee benefit solutions and wholly owned subsidiary of Ascensus, has been honored by WEX Health with a 2018 Partner Excellence Award for outstanding business achievements. The employee benefit solutions provider received the Solution Visionary Award at the annual WEX Health SPARK Conference held recently in Miami Beach, Florida.

Chard Snyder was selected for the award because of its significant accomplishments in defining the future of healthcare consumerism, creating progressive solutions to improve healthcare experiences for employers and their employees.

“Chard Snyder rivals the best of the best,” said Jeff Young, President of WEX Health. “They offer benefit services and plans that help employers provide opportunities for their team members – opportunities that empower employees to spend, save, and manage the money they work so hard for in more productive and valuable ways.”

“We are honored to receive recognition from WEX Health again this year,” said Chard Snyder President Barb Yearout. “The Chard Snyder team works hard every day to provide personal and flexible benefit solutions to make life easier for our clients and plan participants.”

“Our collaboration with best-in-class partners like WEX enables us to offer forward-thinking, easy-to-use solutions supported by smart technology and a dedicated personal team,” concluded Yearout.

The Excellence Awards, established in 2008, are presented yearly and recognize WEX Health Partners that have achieved extraordinary notable accomplishments. Chard Snyder has been a WEX Health partner since 2005.

About Chard Snyder

As a national third-party administrator of employee benefit solutions, Chard Snyder serves nearly 1,500 employers in 40 states across the U.S. Chard Snyder administers savings and spending accounts (FSA, HSA, HRA, commuter benefits), benefit continuation services (COBRA; retiree, direct and other billing) and FMLA leave, and provides plan document services. Founded in 1988 by Ken Chard and Joy Snyder, the company employs 180 team members today. Chard Snyder is a wholly owned subsidiary of Ascensus and the anchor of its Health division. Visit chard-snyder.com or call 833.212.1988 to learn more.

About Ascensus

Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. The firm delivers technology and expertise to help millions of people save for what matters most—retirement, education, and healthcare. For more information about Ascensus, visit ascensus.com. View career opportunities at careers.ascensus.com.