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Products January 24, 2012
Alliance Benefit Group Acquires Brown Edwards & Associates
January 24, 2012 (PLANSPONSOR.com) - Alliance Benefit Group Carolinas, Inc., a subsidiary of Pentegra Services, Inc., announced it is acquiring Brown Edwards & Associates, Ltd.’s qualified plan administration business.
Reported by Tara Cantore
Alliance Benefit Group-Pentegra will administer these plans. The transition will be completed over the next several months.
The transaction will increase the services available to Brown Edwards & Associates’ clients and adviser partners. Clients will now have access to a full array of retirement plan services, including custom plan design, ongoing plan consulting, daily valuation administration and recordkeeping, flexible fully-customizable open-architecture arrangements, legal and technical support, plan compliance and fiduciary services, education and communications and sponsor and participant 24/7 web access.
Brown Edwards & Associates will continue its presence in the Charleston, South Carolina, area.