Ascensus Appoints Retirement Chief Operating Officer

Rick Irace Appointed COO to Support Company's Service Structure & Delivery
By: Ascensus, Inc.
 
 
Rick Irace
Rick Irace
DRESHER, Pa. - May 3, 2016 - PRLog -- Ascensus, the nation's largest independent retirement plan and college savings services provider, announces the appointment of Rick Irace as Chief Operating Officer of the company's retirement division. In this newly created role, Mr. Irace will be responsible for Ascensus' retirement service and operations teams.

"Rick has spent the last 25+ years of his career leading service and operations teams in the retirement space, making him an ideal addition to our team," states Shannon Kelly, president of retirement at Ascensus.

Prior to joining Ascensus, Rick served as managing director and head of institutional retirement and benefit plan relationship management and communications consulting for Bank of America Merrill Lynch. He was responsible for delivering integrated benefits and investment solutions to mega- and large-market companies, including proprietary 401(k), non-qualified deferred compensation, and defined benefit plan administration. His team was also responsible for providing strategic expertise, thought leadership, and best practice communication solutions to enable plan sponsors to promote the value of their plans and help plan participants achieve financial wellness.

Previously, he served as head of integrated benefit solutions, where he first developed a relationship with Ascensus. Rick connected with members of Ascensus' advisor network first-hand and was introduced to the company's sales and service model.

He earned a bachelor's degree from Monmouth University in Long Branch, New Jersey, and holds FINRA Series 7 and Series 24 certifications.

"Rick brings deep industry knowledge and a comprehensive understanding of the service needs of our advisors, clients, and retirement plan participants to his role as chief operating officer," adds Kelly. "His addition to our leadership team will enable us to focus even more closely on our clients, our associates, our processes, and our overall service experience."

About Ascensus

Ascensus is the largest independent retirement and college savings services provider in the United States, helping over 6 million Americans save for the future. With more than 35 years of experience, the firm partners with financial institutions to offer tailored solutions that meet the needs of financial professionals, employers, and individuals. Ascensus specializes in recordkeeping, administrative, and program management services, supporting over 40,000 retirement plans and over 3.4 million 529 college savings accounts. It also administers more than 1.5 million IRAs and health savings accounts and is home to one of the largest ERISA consulting teams in the country. For more information about Ascensus, visit www.ascensus.com.

View career opportunities at careers.ascensus.com or on LinkedIn at linkedin.com/company/ascensus. For the latest company news, follow @AscensusInc on Twitter.

Contact
Roberta Hess
VP, Marketing & Communications
***@ascensus.com
End
Source:Ascensus, Inc.
Email:***@ascensus.com Email Verified
Tags:Ascensus, Retirement, Executive Leadership
Industry:Financial
Location:Dresher - Pennsylvania - United States
Subject:Executives
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