Group RHI Continues Strategic Expansion with Acquisition of The Pension Studio
Florida-based retirement services firm joins growing national organization
Boston, MA (Feb. 11, 2019) – Group RHI, a national retirement services firm, today announced the acquisition of The Pension Studio, a leading retirement plan design and administration specialty firm serving more than 1,600 plans nationwide.
Founded in 2004, The Pension Studio provides retirement services to plan sponsors and advisors. Through its sister firm, The Fiduciary Studio, the company also offers 3(16) and trustee fiduciary services, helping plan sponsors achieve Department of Labor and IRS compliance.
The Pension Studio is the latest retirement plan specialist to join rapidly growing Group RHI, which recently announced the acquisitions of Iowa-based Billings & Co., Dallas, Tex.-based America’s 401(k), Houston, Tex.-based RHI, and Tacoma, Wash.-based Panagiotu Pension Advisors. The combined expertise and scale of these firms will bring tremendous value to the organization’s clients and partners.
The acquisition of The Pension Studio further strengthens Group RHI’s offering with enhanced technological capabilities and a dedication to client responsiveness. It also expands Group RHI’s geographic reach with The Pension Studio’s headquarters in South Florida and the eastern US.
“The Pension Studio aligns well with our strategy of building a world-class organization,” said Tom Gaillard, CEO of Group RHI. “Ellen Quinlan and her team have built a strong presence in South Florida and the Northeast, and we are excited about bringing them into our group. We welcome Ellen and her talented colleagues to Group RHI.”
“We pride ourselves on providing excellent service to our clients and meeting a diverse range of retirement plan needs,” said Ellen Quinlan, president of The Pension Studio. “Joining Group RHI’s organization is a landmark occasion, giving us the ability to provide access to an even wider and deeper set of services. We are thrilled to join others who share the common goal of helping clients design and manage retirement plans that create a bright future for them and their plan participants.”
About Group RHI
Group RHI provides exceptional retirement services to help companies and their employees maximize their savings and prepare for tomorrow. The firm’s services include 401(k) design and compliance, pension services and actuarial consulting. Clients rely on Group RHI’s sound advice, transparent pricing, and freedom to work with the investment managers of their choice in creating custom retirement plan solutions. Group RHI’s companies include Houston, Tex.-based RHI; Tacoma, Wash.-based Panagiotu Pension Advisors; Dallas, Tex.-based America’s 401(k); and Sioux City, Iowa-based Billings & Co. For more information about how Group RHI can make retirement better for your business, visit www.grouprhi.com.
About The Pension Studio
The Pension Studio provides retirement plan services including plan design, administration, and consulting to plan advisors and sponsors. Founded in 2004, the company services more than 1,500 plans nationwide, using leading edge technology and features to help clients of all sizes create and manage successful plans. The Pension Studio also assists clients in plan compliance, providing annual IRS and DOL filing service as well as employee reporting. Employees of The Pension Studio are actively involved in the National Institute of Pension Administrators (NIPA) and the American Society of Pension Professionals & Actuaries (ASPPA). For more information about The Pension Studio’s retirement plan solutions and services, visit thepensionstudio.com.