Ascensus

Firm Profile

Ascensus Firm Profile

At Ascensus, we work hard every day to help over 7 million Americans save for life’s biggest moments. Education. Healthcare. Retirement. Connecting people to the right plan to help them prepare for the future is both our passion and our expertise.

We currently support a network of over 25,000 financial professionals through our various lines of business:

  • Ascensus Retirement: As the nation’s largest independent recordkeeper and administrator for retirement plans, Ascensus specializes in developing comprehensive services that streamline plan management. With more than 35 years of experience, we partner with financial institutions to offer tailored solutions that meet the needs of financial professionals, employers, and individuals.
  • Ascensus College Savings: As the #1 529 program manager in the U.S., Ascensus College Savings is dedicated to serving the needs of its clients, their plans, and all families saving for college across the country. We currently provide program management and administrative services for 34 plans across 18 states and the District of Columbia, making saving for college affordable and accessible for over 75% of our nation’s population.
  • Ascensus Consulting: Ascensus Consulting partners closely with financial professionals to identify a retirement plan design solution, install the plan, and administer it in compliance with Department of Labor regulations and the IRS code. Our compliance expertise includes defined contribution, defined benefit, cash balance, and specialty administration for employers throughout the U.S.
  • Academy & Compliance: With an extensive team of attorneys, CPAs, and technical advisors, Ascensus maintains one of the largest ERISA consulting practices in the nation. Our consultants are dedicated to keeping clients informed of regulatory and legislative developments and ensuring that retirement plans remain compliant.
  • Ascensus Trust: With over 30,000 clients nationwide, Ascensus Trust understands what it takes for your business to succeed in today’s marketplace. While safeguarding assets, we make it affordable to facilitate and streamline daily responsibilities- like managing and growing your business.
  • Total Benefit Communications: This Ascensus company has more than 20 years of health and welfare industry experience and teams with benefit providers, recordkeepers, third-party administrators, financial professionals, and bank trust departments to provide high-quality benefit education that meets the business goals and needs of their clients.

Business Metrics

  • Number of external retirement wholesalers: 18
  • Retirement AUM: Over $62 billion
  • College Savings AUM: Over $89 billion
  • Total AUM: Over $151 billion
  • Retirement Plans UM: Over 47,000
  • Retirement Participants UM: 1.6 million
  • College Savings Participants UM: 4 million
  • Asset Allocation Funds: Solutions are offered with open-architecture investment capabilities tailored to the needs of institutional partners, third-party administrators, financial professionals, plan sponsors, and participants.
    • TDF: Outside
    • TDRisk: Outside
  • Service Models: Bundled & Unbundled
  • Distribution Models: Advisor
  • Primary Markets Served
    • Micro
    • Small
    • Mid
  • Plan Types
    • DC
    • DB
    • ERISA 403(b)
    • 457
    • Non-Qualified
    • IRA
  • Fiduciary Services
    • 3(21)
    • 3(38)
    • 3(16) – Some of our partnerships offer this service.

Key Contacts

Websites: www.ascensus.com, www.ascensusconsulting.net, www.ascensustrust.com, www.benefitprojects.com, www.ascensuscollegesavings.com

Retirement Sales: Anthony Bologna
VP, Sales – External Support
Anthony.Bologna@ascensus.com
267-549-1057

Communications: Roberta Hess
SVP, Marketing & Communications
Roberta.Hess@ascensus.com
215-648-1426

Retirement Sales: Karen Watt
VP, Sales – Internal Support
Karen.Watt@ascensus.com

College Savings Advisor Support:
Dealer Services team
DealerServices@ascensus.com
877-486-9279

Territory Map

  • Click here for a map of Ascensus’ retirement regional sales divisions.
  • Call 877-529-2980 to speak to the Ascensus College Savings dealer services team to learn more about how we partner with financial advisors to offer 529 plan solutions.

Key Contacts

Websites: www.ascensus.com, www.ascensusconsulting.net, www.ascensustrust.com, www.benefitprojects.com,
www.ascensuscollegesavings.com

 

Retirement Sales: Anthony Bologna

VP, Sales – External Support

anthony.bologna@ascensus.com

(267) 549-1057

 

Retirement Sales: Karen Watt

VP, Sales – Internal Support

karen.watt@ascensus.com

(215) 648-5187

 

Communications: Roberta Hess 

VP, Marketing & Communications

roberta.hess@ascensus.com

(215) 648-1426

 

College Savings Advisor Support: Dealer Services Team

VP, Marketing & Communications

DealerServices@ascensus.com

(877) 486-9279

Territory Map

  • Click here for a map of Ascensus' regional sales divisions.

    Call 877- 529-2980 to speak to the Ascensus College Savings dealer services team to learn more about how we partner with financial advisors to offer 529 plan solutions.