Press Release

EdgeCo Holdings Completes Acquisition of Axios Advisory Group, Ltd. to Join Its AmericanTCS Business Unit

Issued by EdgeCo Holdings

Aug. 4, 2025

The acquisition continues the national expansion of AmericanTCS’s administration, recordkeeping and wealth services with the addition of Axios Advisory Group’s administrative, recordkeeping and wealth services.

PITTSBURGH -- EdgeCo Holdings LP (“EdgeCo”), a leading provider of best-in-class solutions for financial intermediaries and their clients, announced today that it has completed the acquisition of Axios Advisory Group, Ltd. to become part of its AmericanTCS Holdings, LLC (AmericanTCS) business unit. The transaction includes acquiring American Pension Benefit’s (APB) retirement plan administration and recordkeeping services and the investment advisory services of Axios Wealth Management. The firm’s operations and offerings will be integrated into the various AmericanTCS entities. Encompassing all of the trust custody and retirement operations EdgeCo has acquired since 2018, AmericanTCS is composed of American Trust Retirement, American Trust Wealth, American Trust Custody, AmericanTCS Fiduciary Services and American Technology Automation.

The transaction reflects a continued commitment by EdgeCo and its subsidiaries to provide retirement solutions to the small- and mid-sized retirement plan market and the advisors and intermediaries that serve them. The agreement with Axios Advisory Group represents the ninth transaction by EdgeCo in the retirement space, with additional acquisitions planned as part of the growth strategy going forward.

Headquartered in Pittsburgh, PA, Axios Advisory Group provides services to retirement plans and wealth clients. APB services retirement plan advisors, institutions, plan sponsors and plan participants. Kevin Buckley, Principal of APB Retirement, explained the reason for entering into this agreement with EdgeCo, “The EdgeCo group of companies understand what’s required to support the needs of the retirement plan and its participants. We’re thrilled to join forces with a company that shares our vision and values.” Axios Wealth Management provides investment advisory services to corporate and individual clients. Mero Capo, Principal of Axios Wealth Management, added, “We are confident this agreement will allow us to expand our reach and deliver even greater value to our clients.”

“Our mission at AmericanTCS is to help create financial security for all Americans by bringing together industry-leading technology, investment solutions and, most importantly, people with deep experience in the retirement industry,” explained Tim Friday, CEO of AT Retirement Services and American Trust Custody. He continued, “The addition of Axios Advisory Group aligns with our simple goal of making sure our business partners’ time is best spent in front of the client creating excellent outcomes, not dealing with operational challenges. We have had a long-standing relationship with Axios, so we know the entire team and have such respect for them. We are so excited to have them join AmericanTCS.”

About EdgeCo Holdings

Through its AmericanTCS and NewEdge Capital Group divisions, EdgeCo Holdings is a premier provider of best-in-class, technology-enabled solutions for financial intermediaries and their clients. For over four decades, EdgeCo companies have provided a suite of technology and support services, including full-service retirement plan administration, brokerage, advisory, and trust and custody solutions to a diverse national client base of financial intermediaries. This client base includes registered representatives, investment advisors and other financial intermediaries, including retirement plan recordkeepers, TPAs, bank trust departments, broker dealers and insurance companies. EdgeCo Holdings currently services over $650 billion in client assets under custody or administration and more than 10,000 financial advisors and 420 financial institutions.

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