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View More Press Releases by Ascensus

Press Release

Ascensus Appoints New Regional Vice President

Issued by Ascensus

May 25, 2021

Frank Castellvi Joins Retirement Plan Sales Team to Support Financial Advisors and Their Clients in the East Territory

Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce the appointment of Frank Castellvi as a regional vice president on the company’s retirement plan sales team.

Tasked with building and maintaining Ascensus’ retirement plan distribution networks, Castellvi will work with financial advisors, third-party administrators, and financial institutions—including institutional and DCIO (defined contribution investment only) partners. He will report to Anthony Bologna, retirement sales divisional vice president of the eastern region.

Castellvi will serve the East territory (covering New Jersey and Delaware) and brings more than 10 years of sales and relationship management experience to his role. Prior to joining Ascensus, he worked as a regional director for defined contribution at Lord Abbett & Co., where he also held roles in business development and internal sales. Castellvi earned his Bachelor of Business Administration degree in Marketing from Loyola University Maryland. He also holds his FINRA Series 7 designation along his NASAA Series 66 certification.

“Frank is a high-quality individual who possesses solid industry experience and expertise along with outstanding business-development and people skills,” said Jason Crane, Ascensus’ head of retirement distribution. “Adding this level of talent to Ascensus’ retirement plan sales team further demonstrates our commitment to serving our financial advisor and employer partners via productive relationships that focus on their unique needs.”

About Ascensus

Ascensus helps millions of people save for what matters—retirement, education, and healthcare. Through co-branded, private-labeled, and other governmental partnerships, 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.

Get the latest trends and insights based on our proprietary data from more than 113,700 retirement plans, 6.0 million 529 accounts, 426,500 health savings accounts, and 23 ABLE plans.* Inside America’s Savings Plans highlights average savings levels across these tax-advantaged accounts and showcases plan features that drive participation and growth. The State of Savings report outlines how plan contribution and withdrawal behaviors have shifted over the course of 2020 and since the passage of the CARES Act.

*As of December 31, 2020.

View More Press Releases by Ascensus


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