About Ascensus
Ascensus is a financial services company headquartered in Dresher, Pennsylvania, USA, that provides retirement plans, college savings plans, health savings accounts, as well as other types of savings accounts to individuals, employers, and financial institutions. The company offers more than 129,000 retirement plans, over 3.5 million 529 college savings accounts, and more than 680,000 HSAs to clients nationwide. The origins of Ascensus can be traced back to the 1980s, when its predecessor firms began administering retirement plans. Over the years, the company grew through acquisitions, including its acquisition of The Gemini Companies in 2015, which expanded its capabilities in pooled investment products, fund administration, and tax solutions. Ascensus has also developed its own proprietary technologies to support its clients’ needs, including a digital platform for plan administration, compliance, and investment management. It has received numerous industry awards for its technology, including Best Technology Innovation for the retirement industry from Fund Intelligence in 2019. As of 2021, Ascensus employs over 4,000 associates and manages over $364 billion in assets. The company is privately owned by a group of investors led by private equity firms, including Genstar Capital and Aquiline Capital Partners.
The information on this page is not an endorsement of Truv’s services by Ascensus and is meant to be purely informational.
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