OAK BROOK, Ill., Sept. 14, 2020 /PRNewswire-PRWeb/ -- Millennium Trust Company, LLC ("Millennium Trust"), a leading provider of retirement and institutional solutions, announced the hiring of Pete Welsh as Head of Retirement Services. Welsh's extensive industry knowledge and well-rounded leadership experience will ensure Millennium Trust continues to maintain one of the strongest client-focused teams in the industry, build and grow strategic partnerships, and expand its menu of innovative solutions.
Pete Welsh joins Millennium Trust during a critical time for clients in which markets are volatile and financial futures are vulnerable. As many retirees do not have a financial strategy for retirement, now more than ever, companies are seeking innovative solutions to combat the precarious conditions brought on by the pandemic.
Millennium Trust CEO, Gary Anetsberger, said, "We are very excited to welcome Pete to Millennium Trust. He knows the industry inside and out, and we are confident in his ability to partner with our clients to solve their problems and grow their businesses as we collectively help individuals achieve financial security."
For 20 years, Millennium Trust has been a leading provider to institutional clients in the retirement services industry. As the largest independent provider of Automatic Rollover Solutions, the firm has more recently expanded to deliver ancillary services such as Search Services and Direct Rollover IRAs, as well as Workplace Savings Solutions and Emergency Savings Funds. "The retirement services industry is continuously evolving, and Americans need a trusted ally more than ever," added Chief Growth Officer of Millennium Trust, Erik Beck. "Pete's industry knowledge and agile mindset will ensure we continue to be a leader in the retirement services industry, offering valuable solutions to both our institutional and individual clients."
Welsh has spent his career in various retirement services industry roles, with experience managing sales, product, investments, marketing, client retention, and more. His proven track record of forging strategic, trusted relationships will deliver significant added value to Millennium Trust clients. Most recently, Welsh was Vice President at JarredBunch Consulting in Indianapolis, where he led the Qualified Plans Division. Prior to that, he spent many years at Transamerica and then OneAmerica, where he held various leadership roles and focused on building partnerships in the TPA and recordkeeper space.
Welsh holds a Bachelor of Business Administration from the University of Notre Dame Mendoza College of Business, and a Juris Doctor in Tax and Business Law from Indiana University Robert H. McKinney School of Law. He is also a CPA.
About Millennium Trust Company®
Millennium Trust Company is a leading provider of retirement and institutional services with over 1.6 million client accounts holding over $30 billion of assets. We are committed to the evolving needs of individuals and employers, advisors and retirement services partners and empower clients with trusted expertise, exceptional service and access to a wide range of solutions. Whether clients are managing corporate retirement assets, running a business or wanting choice beyond traditional asset options, we provide flexible and digital solutions to support our clients' success.
Millennium Trust Company performs the duties of a directed custodian, and as such does not provide due diligence to third parties on prospective investments, platforms, sponsors or service providers, and does not offer or sell investments or provide investment, legal, or tax advice. For more information about Millennium Trust Company, follow us on Twitter and LinkedIn.
SOURCE Millennium Trust Company
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