Press Release

Ascensus Expands Retirement Distribution Teams

Issued by Ascensus

Dec. 20, 2023

Justin Sabol and Kate Whitmore Join Ascensus to Support Financial Advisors and Clients

Ascensus whose technology and expertise help millions save for a better future—has announced the appointment of two new members to the Retirement Distribution team: Justin Sabol, Regional Vice President; and Kate Whitmore, VP of Business Development, Pooled Plans.

Sabol will assume responsibility for driving sales growth and client relationships for the East Region—covering New Jersey and Delaware—and report to Anthony Bologna, divisional vice president, Eastern Region, Retirement Distribution.

Sabol brings more than 20 years’ experience in the retirement industry and most recently served as a Regional Sales Director (External Wholesaler), at OneAmerica Retirement Services. He earned a Bachelor of Science degree in Sports Management at the University of Massachusetts, Amherst.

Whitmore will focus on helping Ascensus expand its Pooled Plan franchise, working with advisors to drive adoption of existing programs and establish new relationships. She will align with the regional vice presidents in the Eastern Region and report to Mindy O’Connor, head of Business Development, Retirement.

Most recently, Whitmore served as Director of Pooled Plan Sales at Transamerica Retirement Solutions. She has nearly 19 years of financial services experience, earning her a host of trusted partnerships with a variety of advisory and consulting firms. Whitmore earned a Bachelor of Business Administration degree at Ithaca College.

"Kate and Justin are both terrific additions to our organization,” said Jason Crane, Ascensus' head of Retirement Distribution. “They broaden our perspective and heighten expertise, and I’m confident they will have a positive impact on both advisor support and our commitment to delivering expanded solutions to the marketplace.”

About Ascensus

Ascensus is a market-leading enabler of tax-advantaged savings—providing technology, services, and expertise that help millions of people save for a better future.

The company is a premier savings program service provider, third-party administrator, and government savings facilitator. Its platforms, industry knowledge, and data-based insights enhance the growth and success of its partners, their clients, and savers through co-branded, private-labeled, and governmental partnerships.

Ascensus offers comprehensive qualified and nonqualified retirement plan solutions, third-party retirement plan administration, 529 education and ABLE savings program administration, corporate- and bank-owned life insurance solutions, and fiduciary and total rewards services.

The company’s brands include Ascensus; Newport, an Ascensus company; and FuturePlan by Ascensus. Ascensus has more than $723 billion in assets under administration and employs more than 5,400 associates as of September 30, 2023.

For more information, visit ascensus.com and newportgroup.com.

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