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TRA Completes Acquisition of Total Retirement Solutions, Inc. - The Retirement Advantage, Inc. (TRA) Completes Fourth Acquisition of 2021 - TRA401k.com
TRA Completes Acquisition of Total Retirement Solutions, Inc.

 

PRZOOM - /newswire/ - Appleton, WI, United States, 2021/06/21 - The Retirement Advantage, Inc. (TRA) Completes Fourth Acquisition of 2021 - TRA401k.com.

   
 
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The Retirement Advantage, Inc. (TRA), an independently-owned, top-tier national retirement services company, has announced the acquisition of Total Retirement Solutions, Inc. (TRS) of St. Louis, MO.

“This acquisition will allow TRA to serve plan advisors and sponsors in the St. Louis metro area and the surrounding Midwest region. This continues our national expansion and commitment to the highest levels of service that our current clients experience,” said Matt Schoneman, TRA’s President and Owner. “This acquisition also enables us to bring our technology and efficiency to TRS clients. Our goal is to ensure a seamless experience for the new clients and partners we are welcoming to TRA.

The strategic acquisition of TRS was completed May 31, 2021. With the acquisition, TRA is committed to continuing to support the financial advisor and recordkeeping partners of TRS with customized retirement plan solutions that exceed business owner’s and employee’s retirement plan goals.

Tom Holstein, Principal/Owner of TRS added,“We are excited about the opportunity this transaction will provide TRS’ existing plan sponsors and advisors. In addition, TRA has a strong presence throughout our markets and our clients will continue to benefit from local relationships and expanded products and services. Our clients can have confidence that TRA will always act in their best interests and maintain loyal relationships that are based on trust and integrity.”

About Total Retirement Solutions, Inc.

Tom Holstein has been providing full-service, employer-sponsored retirement plan consulting and administration since 1983. As the President and Owner of TRS since 2006, Tom has delivered401(k) plan design, consulting and plan administration to assist companies in providing a cost-effective, tailored retirement plan for their employees.

About The Retirement Advantage, Inc.

TRA (tra401k.com), based in Wisconsin, is a national retirement services company, providing third-party administration and fiduciary services to financial advisors and businesses of all sizes. An ongoing commitment to expert consultation and exceptional customer service has positioned TRA as one of the largest privately held, third-party administrators in the nation. We proudly serve more than 10,000 plan sponsors with more than $10 billion in retirement assets under administration. You can count on us to deliver on-time, on-budget, and with precise attention to detail.

 
 
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TRA Completes Acquisition of Total Retirement Solutions, Inc.

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Contact: Bil Sunagel - TRA401k.com 
888-872-2364 matt.schoneman[.]tra401k.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any The Retirement Advantage, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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