(PRWEB) April 12, 2018
Economic Group Pension Services (EGPS), one of the nation’s premiere third-party administration firms, has announced the recent acquisition of Pencor, Inc. (Pencor) based in Jacksonville, Fl. as of January 1st, 2018. With access to EGPS’s national resources, wide-ranging expertise and top talent, Pencor will provide a level of service that surpasses their clients’ needs.
“The transition went great as we have worked together to bring the best combined value to our clients,” said Daniel Liss, CEO of EGPS. “It is important that we continue the commitment to serving clients on a personal level with customized care and attention.”
The acquisition brings strategic advancement in which both companies strengthen as one to expand their targeted reach through their strong leadership and qualified staff of actuaries and consultants. Charles A. Brown, previously President of Pencor is now Regional Vice President for the Florida regional office for EGPS. Brown will continue managing the Florida and Georgia operations, and providing actuarial consulting and plan design for clients.
“The Pencor team is excited to become a part of this mission as we are now able to leverage our national expertise through a diverse and multifaceted team”, explains Brown, “and integrating operations with EGPS will bring more value in providing a national sales support team and maximum revenue sharing eligibility with most carriers”.
About Economic Group Pension Services
Founded in 1971, Economic Group Pension Services (EGPS) is a national independent consulting firm that designs and administers cutting edge retirement plans. With offices in Alabama, California, Florida, Louisiana, and New York, the company serves approximately 4,000 benefit plans for business owners and their employees across the country.
For more information about EGPS, please visit https://egps.com.