Press Release

The Retirement Advantage, Inc. (TRA) Announces Their 4th Acquisition For 2020

Issued by TRA [The Retirement Advantage]

Dec. 14, 2020

TRA Reaches Deal with Employee Benefit Consultants of Florida, Inc.

APPLETON, WI – The Retirement Advantage, Inc. (TRA), an independently owned, industry-leading national retirement services company, today announced the acquisition of Employee Benefit Consultants of Florida, Inc. (EBC), based in Stuart, FL.

“Our fourth acquisition in 2020, EBC presents a terrific opportunity for both growth and innovation,” said Matt Schoneman, President of TRA. “We are excited to join forces with an organization whose history, culture and overall commitment to customer success closely mirrors our own. After reviewing EBC’s operations we determined that we were an ideal partnership that aligned perfectly with TRA’s current disciplined growth strategy.”

“We are excited to partner with TRA and their end-to-end retirement plan services platform,” said Robert Zike, president of Employee Benefit Consultants of Florida, Inc. “We believe that by combining our expertise we will be able to more rapidly advance our joint goals.”

“Joining TRA provides both our employees and clients with additional opportunities,” said Zike. “We are ready to combine our industry expertise and regional presence with TRA to position our employees and clients for long-term success. We are stronger together and we look forward to what the future holds.”

“TRA continues to enhance and deliver a comprehensive suite of services," said Jeff Schreiber, VP of Distribution at TRA. " This acquisition will effectively build on the two firms' existing relationships and give TRA a larger foothold in the retirement plan arena."

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.