News & Analysis as of

Retirement Plan 401k Industry Consolidation

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Schwab to buy TD Ameritrade

Charles Schwab, the largest publicly traded discount brokerage firm and of the largest custodian of 401(k) plan assets has agreed to acquire TD Ameritrade for an all-stock transaction valued at $26 billion....more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

TD Ameritrade to sell retirement plan assets to Broadridge

There is further consolidation in the retirement plan business as TD Ameritrade is selling its retirement plan and custody assets to Broadridge Financial Solutions/ Matrix Financial Solutions....more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Retirement Plan Advisors Advantage - September 2018

Some Hard Truths About The Retirement Plan Business. The truth, the hard truth. What makes me a very unpopular person in the retirement plan business and synagogue is that I'm very opinionated and I like to call it...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

The problem with consolidation in the TPA business

Every week, I check the headline on 401khelpcenter.com and the news part usually involves one or two purchases of third party administration (TPA) firms by larger TPAs. It’s the nature of a very competitive business and with...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Ascensus is becoming a big time player

The first job I had was working as an ERISA attorney for a small law firm that was affiliated with a third party administrator (TPA) called CBIZ Retirement Services, Inc. Let’s just say that CBIZ wasn’t much of a moneymaker,...more

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