Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

ERISA Compliance Consultant

Employee Fiduciary, LLC
(Remote / AL)

Employee Fiduciary, LLC logo

Defined Contribution Account Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Enrolled Actuary

Concierge Retirement Services, Inc.
(Remote)

Concierge Retirement Services, Inc. logo

Retirement Plan Administrator

Retirement Solutions Specialists
(Remote / Jacksonville FL / Hybrid)

Retirement Solutions Specialists logo

Pension Plan Administrator

DeMars Pension Consulting Services, Inc.
(Remote / Overland Park KS / Hybrid)

DeMars Pension Consulting Services, Inc. logo

Senior Defined Contribution Account Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Senior Retirement Plan Administrator

Strongpoint Partners
(Remote)

Strongpoint Partners logo

Senior Specialist, 401k Recordkeeping

T Bank N.A.
(Dallas TX / Hybrid)

Retirement Plan Consultant

Concierge Retirement Services, Inc.
(Remote)

Concierge Retirement Services, Inc. logo

Plan Document Specialist

Strongpoint Partners
(Hunt Valley MD / Hybrid)

Strongpoint Partners logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Press Releases by Date   |   Press Releases by Company Name


View More Press Releases by TRA [The Retirement Advantage]

Press Release

The Retirement Advantage, Inc. Expands Consulting Capabilities and National Footprint

Issued by TRA [The Retirement Advantage]

Sept. 25, 2019

TRA Announces Purchase of Benefit Strategies, Inc. and Scholz & Friends Enlightened Retirement Group, Inc.

APPLETON, WI (September 25, 2019) - The Retirement Advantage, Inc. (TRA), an independently owned, industry-leading national retirement services company, today announced the acquisition of two retirement plan consulting and administration firms: Benefit Strategies, Inc. of Roanoke, Virginia (BSI) and Scholz & Friends Enlightened Retirement Group, Inc. (S&F) of San Antonio, Texas.

"BSI and S&F are two strategic acquisitions for us. Both firms will allow us to further expand TRA's consulting capabilities and extend our national footprint," said Matt Schoneman, President of TRA. "We are very excited to have the knowledgeable and experienced staff members of each company join our firm. With the addition of the staff and our continued investment in technology, cybersecurity, automation, sales, and service capabilities, we will further enhance the already excellent customer service experience we provide to our clients, recordkeeping and financial partners."

"The timing and locations of these opportunities couldn't have been more ideal," commented Jeff Schreiber, TRA's Director of Sales. "These are two well-respected retirement plan providers in two of our designated growth markets. TRA's business is providing service to retirement plans of all sizes, and we look forward to supporting our newest clients and helping their employees reach their retirement goals."

Over the past eight months, TRA has acquired and successfully integrated Gillespie and Company of Virginia and Quality Pension Services, Inc. in Chico, CA. "We are currently offering complimentary and confidential business assessments for TPA business owners who might be asking 'Is it time to sell?' Whether an acquisition proves to be a good fit or not, exploring the possibility is a great exercise to contemplate the future of a business. It never hurts to talk," concluded Schoneman.

About Benefit Strategies, Inc. (BSI):
As one of the earliest active retirement firms in Virginia, BSI has provided customized retirement solutions for employers of all types and sizes throughout the US for over 30 years. Their depth of experience includes design, consulting, administration and management of employer-sponsored retirement plans.

About Scholz & Friends Enlightened Retirement Group, Inc. (S&F):
For more than 16 years, S&F has provided Defined Benefit and Defined Contribution Plans, with the highest level of quality and service for plan design and implementation, consulting, administrative services and government compliance. S&F is headquartered in San Antonio, TX and it is their goal to add continued value to the retirement programs sponsored by business owners and the financial advisors who also serve those plans. S&F calls their unique approach to retirement plan consulting "Enlightened Self-Interest." For more information visit www.scholzfriends.com.

BL:hh

View More Press Releases by TRA [The Retirement Advantage]


Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.