Press Release

EPIC Retirement Plan Services Purchases Retirement Direct

Issued by EPIC Retirement Plan Services

Aug. 1, 2023

ROCHESTER, NY – EPIC Retirement Plan Services (EPIC RPS), a subsidiary of NBT Bancorp Inc., announced that it purchased Retirement Direct, LLC on July 1, 2023.

Retirement Direct is a recordkeeping and third-party administration company that works on qualified and nonqualified retirement plans. Formed in 1997 and based just north of Charlotte in Cornelius, NC, Retirement Direct joined EPIC RPS with over $2 billion in client assets under management and more than 500 retirement plans.

“At EPIC Retirement Plan Services, it is our stated mission to help America retire,” said EPIC RPS President Manny Marques. “We are pleased to welcome our new clients and add top talent from Retirement Direct to our team of over 250 highly qualified retirement plan professionals.”

Retirement Direct President Dan Brenner added, “Retirement Direct and EPIC RPS have shared values and a similar market focus. We look forward to continuing to provide our clients with customized support and to offering the proprietary customer-facing technology offered by EPIC RPS as an enhancement to the experience of our plan participants.”

EPIC RPS is wholly owned by NBT Bancorp Inc. and is a national provider of customized, open-architecture retirement plan recordkeeping, marketing and service solutions for banks, trust companies, third-party administrators, investment advisors and other financial intermediaries who serve the retirement plan market. Founded in 1993 and headquartered in Rochester, New York, EPIC RPS has a client base that spans all 50 states and now supports over 5,000 retirement plans with more than 300,000 plan participants.

More information about EPIC RPS is available online at www.epicrps.com, and details about Retirement Direct can be found at www.retdirect.com.

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