Deals & People May 27, 2011
Consultant Launches Investment Advisory Firm
Employee Benefit Solutions, a human capital consulting firm, has established Ascende Wealth Advisers (AWA), a wholly-owned subsidiary registered
with the Securities and Exchange Commission.
Reported by PLANADVISER staff
AWA will offer investment advice and risk management solutions for corporate retirement plans, according to the announcement. It will provide co-fiduciary investment advisory services working directly with plan investment committees in fulfilling their oversight and compliance responsibilities.
The group works with a variety of retirement plans, including 401(k), defined benefit, non-qualified plans and offshore retirement arrangements.
“We’re here to help our clients understand the process and what they can do to maximize the protection of plan fiduciaries and improve their plan,” said Rob Massa, AWA’s new chief investment and compliance officer and EBS’s retirement practice leader.