Musto

Ascensus Names Marc Mehlman New Chief Financial Officer

Retrieved on: 
Tuesday, December 5, 2023
Judgement, Growth, Interim management, Ascensus, CFO, Musto, Culture, Interim, Education, ABLE, Management

DRESHER, Pa., Dec. 5, 2023 /PRNewswire/ -- Ascensus, whose technology and expertise help millions save for a better future, announced today that it has named Marc Mehlman its new Chief Financial Officer.

Key Points: 
  • Industry Finance Veteran Brings Expertise in Growth Strategy, Transformation, and M&A
    DRESHER, Pa., Dec. 5, 2023 /PRNewswire/ -- Ascensus , whose technology and expertise help millions save for a better future, announced today that it has named Marc Mehlman its new Chief Financial Officer.
  • Mehlman will assume his new role in early January 2024, and succeed Kate Brennan, who has served as Interim CFO since this summer.
  • Mehlman will report to Ascensus Chair and CEO David Musto and join the Ascensus Operating Committee executive leadership team.
  • "He brings valued perspective as a chief financial officer leading growth and business transformation -- as well as success in general management roles, including overseeing a $1 billion multinational P&L.

First Wave of Retirement Plans Transition to Ascensus Platform, Expanded Web Experiences, and Enhanced Efficiency

Retrieved on: 
Monday, August 21, 2023
Communication, Small business, DC, Research, ESOP, Thought, Musto, Retirement, Creative, Practice management, Pai, Financial adviser, Ascensus

DRESHER, Pa., Aug. 21, 2023 /PRNewswire/ -- Ascensus, whose technology and expertise help millions of people save for a better future, has upgraded the first wave of acquired Newport retirement plans to its purpose-built recordkeeping platform and enhanced web experiences.

Key Points: 
  • DRESHER, Pa., Aug. 21, 2023 /PRNewswire/ -- Ascensus , whose technology and expertise help millions of people save for a better future, has upgraded the first wave of acquired Newport retirement plans to its purpose-built recordkeeping platform and enhanced web experiences.
  • The initial group of plans made the move in recent weeks and represent the first to receive the benefits of the post-merger unification of Ascensus, Newport, and PAi.
  • "We are thrilled to say the Ascensus migration project has been carried out with great communication and no surprises," said Don Recker, partner and director of Corporate Retirement Plans for Creative Planning Retirement Services.
  • For financial and retirement advisors: Enhanced practice management support delivers new ideas, tools, and resources to help advisors grow and manage their practice, including a new advisor toolkit .

Ascensus Announces Nick Good to Join as President

Retrieved on: 
Thursday, July 13, 2023
Newton, Good, Boston Consulting Group, University of Oxford, Human resources, Perpetual Limited, Core values, ETF, Education, Culture, State Street Corporation, State Street Global Advisors, J O Hambro Capital Management, Musto, State Street, Lingo (VoIP Service operator), Growth, Digital, SSGA, Chair, Corporate development, Cryptocurrency, Management, Finance, Biochemistry, Ascensus

DRESHER, Pa., July 13, 2023 /PRNewswire/ -- Ascensus, whose technology and expertise help millions save for a better future, announced that Nick Good, a 25-year financial services industry veteran with tremendous experience leading business growth both in the U.S. and internationally, will become President of the company, effective September 5, 2023.

Key Points: 
  • Good will report to David Musto, who will continue to serve as Chair and CEO of Ascensus.
  • Good's appointment comes at a time of sustained growth and expansion for Ascensus.
  • We look forward to bringing his deep insights and perspective to our company, and to the benefit of all we serve at Ascensus."
  • Good began his career as a consultant with The Kalchas Group in London and New York and later The Boston Consulting Group in San Francisco.

Ascensus and Newport Group to Combine and Create a Leading Provider in Tax-Advantaged Savings

Retrieved on: 
Wednesday, November 3, 2021
Solution, Fortune 1000, Compliance, Technology, Industry, Retirement, ABLE, SPC, Organization, Health, Insurance, Government, Review, Leadership, COBRA, Investment, CEO, Growth, Multimedia, Musto, Education, Financial adviser, Management

Similarly, Newport's clients will benefit from greater access to unique tax-advantaged savings solutions across retirement, education, and health provided by Ascensus.

Key Points: 
  • Similarly, Newport's clients will benefit from greater access to unique tax-advantaged savings solutions across retirement, education, and health provided by Ascensus.
  • David Musto, president and chief executive officer (CEO) of Ascensus, will serve as CEO of the combined company.
  • "Ascensus and Newport are both respected leaders in the marketplaceand well-known for service excellence, deep expertise, investment independence, and purpose-built technology," said Musto.
  • Ascensus is a leading recordkeeping services provider, third-party administrator, and government savings facilitator inthe United States.

Ascensus Plans to Add Nearly 400 New Associates Through 2022

Retrieved on: 
Tuesday, October 5, 2021
ABLE, Compliance, Solution, Government Savings Bank (Thailand), Health, Workforce, Multimedia, Federal Employees Health Benefits Program, Musto, COBRA, Marketing, Government, CEO, Growth, TPA, Technology, View, Organization, Investment, Affordable Care Act, NPS, Education, Sales, Health insurance, Insurance

Forecasted growth and investments over the next 15 months will add associates in technology, client services, operations, sales, marketing, compliance, and general management across all four of the company's lines of businessRetirement, FuturePlan by Ascensus, Government Savings, and Health & Benefits.

Key Points: 
  • Forecasted growth and investments over the next 15 months will add associates in technology, client services, operations, sales, marketing, compliance, and general management across all four of the company's lines of businessRetirement, FuturePlan by Ascensus, Government Savings, and Health & Benefits.
  • In Retirement, hiring plans will create eight new sales territories, expand product and digital capabilities, and strengthen Ascensus' proven outsourcing model by investing in added institutional partner capabilities.
  • Health & Benefits recruiting efforts will focus on helping differentiate Ascensus' product strategy and solutions in the marketplace and drive customer and partner growth.
  • Improvements included an immediate salary adjustment of 3% for the majority of associates and a special profit-sharing contribution to eligible associates' retirement accounts in early 2022.

Helly Hansen Boosts Product Innovation with the Power Of 3D

Retrieved on: 
Tuesday, January 19, 2021
Canadian Tire, Fashion, Helly Hansen, Musto, Centric Software, Hansen, Centric, Eduard Helly, Companies of the United Kingdom, Clothing, Companies

CAMPBELL, Calif., Jan. 19, 2021 /PRNewswire-PRWeb/ --Centric Software is delighted to announce the release of a success story about its customer, Helly Hansen.

Key Points: 
  • CAMPBELL, Calif., Jan. 19, 2021 /PRNewswire-PRWeb/ --Centric Software is delighted to announce the release of a success story about its customer, Helly Hansen.
  • Helly Hansen implemented Centric PLM in just six months while also merging with MUSTO.
  • One of the biggest initial benefits for Helly Hansen was the ability to get both brands onto one platform very quickly.
  • How did Helly Hansen embark on its Centric PLM adventure?

Ascensus Continues to Expand Retirement and Consumer-Directed Healthcare Capabilities with Agreement to Acquire Benefit Planning Consultants, Inc.

Retrieved on: 
Wednesday, April 25, 2018
Economy, Insurance industry, Retirement, Third-party administrator, Coverdell Education Savings Account, Musto, Finance, Money, Ascensus, Inc.

Headquartered in Champaign, IL, BPC is a diversified third-party administrator (TPA) that provides retirement and consumer-directed healthcare (CDH) solutions.

Key Points: 
  • Headquartered in Champaign, IL, BPC is a diversified third-party administrator (TPA) that provides retirement and consumer-directed healthcare (CDH) solutions.
  • BPC, which was founded in 1979, serves clients across the nation by providing comprehensive retirement and benefit administration solutions with unmatched customer service.
  • "BPC is a great fit for Ascensus from both business and cultural standpoints," states David Musto, Ascensus' president.
  • Ascensus supports over 54,000 retirement plans, more than 4 million 529 education savings accounts, and a growing number of ABLE savings accounts.