Invst's Acquisition of NS Capital: A New Era for Retirement Plans

Invst Acquires NS Capital, Shaping Future Retirement Solutions

Invst, a registered investment advisor based in Indianapolis, has taken a significant step forward in the retirement solutions industry with its acquisition of NS Capital. This strategic move aims to revolutionize how businesses address employee retirement, culminating in the launch of the INVST Unity Pooled Employer Plan. This plan positions Invst to offer tailored retirement options that align with the evolving expectations of today's workforce.

Transforming Employee Retirement Benefits

In a world where attracting and retaining talent is becoming increasingly competitive, businesses recognize that offering robust retirement plans is no longer optional; it is essential. The traditional pension schemes are fading, making room for more modern approaches such as 401(k) plans. As uncertainties surrounding Social Security loom, companies are increasingly turning to these plans as vital components of their employee benefit strategies.

Historically, businesses have faced challenges with high fees and complex administrative tasks associated with managing their retirement plans. The introduction of the Pooled Employer Plan (PEP), a breakthrough mechanism resulting from the Secure Act, offers a potential solution. It allows businesses from various sectors to combine their efforts into a well-managed retirement plan, significantly lowering their liability and costs while simplifying the overall administration.

The Advantages of Pooled Employer Plans

By leveraging the collective strength that a PEP offers, businesses can enjoy enhanced fiduciary protections and alleviate the burdens of managing retirement plans. This collaborative approach leads to reduced costs, smoother operations, and retirement offerings that not only meet but exceed the expectations of employees—helping companies attract and retain top talent.

Empowering Employees Through Education

“Our mission is to help one million people live the life they want,” stated Scott Jarred, founder of Invst. With this acquisition, they intend to widen their reach, assisting more companies in supporting their employees in achieving their desired quality of life.

Steven Shackelford, Invst's VP of Qualified Plans, echoed this sentiment, emphasizing the firm's commitment to innovative retirement solutions that prioritize accessibility. By combining the expertise of NS Capital with Invst's broad spectrum of retirement services, they can amplify their offerings, ensuring that businesses are not just meeting but exceeding the retirement needs of their employees.

Innovative Retirement Solutions

Invst and NS Capital have been pioneers in the fiduciary consulting arena, particularly within the realm of 401(k) plans. By launching the Unity 401(k) Pooled Employer Plan in early 2021, NS Capital positioned itself as one of the first independent PEPs in the country. Invst swiftly followed suit by forming its own MyInvst401K PEP, establishing a foundation for enhanced bargaining power and unique offerings that set them apart in a competitive market.

The Invst Unity PEP represents a comprehensive solution designed to cater to employers' diverse needs, offering critical features like fiduciary protection, a selection of high-quality investment options, and minimal administrative demands. Such attributes provide both employers and their employees with a seamless and economical retirement planning experience.

Creating a Meaningful Impact on Client Lives

Louis Day, Senior Managing Partner at NS Capital, expressed his excitement over the merger, stating a long-standing admiration for the quality of Invst's advisory services. The merger symbolizes a strong alignment in cultural values centered around fiduciary advice and exceptional client service.

The collaboration between both firms aims to harness their combined strengths to deliver unmatched value to business clients, ultimately creating a transformative impact on the landscape of retirement planning across all industries.

About Invst

Invst prides itself on its independence, distancing itself from the traditional Wall Street titans. Focused on putting clients' needs first, it emphasizes fiduciary obligations in its operations. The firm offers a range of services, including financial planning, consulting, and investment management, all dedicated to guiding clients toward reaching their financial aspirations.

About NS Capital

NS Capital specializes in crafting high-quality 401(k) plans as a registered fiduciary, dedicated to providing transparent and conflict-free advice. With operations spanning multiple locations, it serves a growing national clientele, reinforcing its commitment to improving retirement planning for businesses and their employees.

Frequently Asked Questions

What is the significance of Invst acquiring NS Capital?

The acquisition empowers Invst to expand its retirement solutions and create the INVST Unity Pooled Employer Plan, elevating the retirement offerings for businesses.

How does the Pooled Employer Plan function?

A PEP allows multiple employers to join together to pool their retirement plan resources under a single professionally managed plan, thereby reducing costs and administrative complexities.

What benefits does the Invst Unity PEP provide to businesses?

The PEP provides fiduciary protections, reduces administrative burden, lowers costs, and offers high-quality investment options, creating a more appealing retirement plan for employees.

Who will benefit from this acquisition?

Both employers and employees stand to gain from enhanced retirement planning solutions and improved financial literacy, leading to better overall financial health.

How does Invst prioritize client service?

Invst emphasizes a fiduciary standard in its operations, ensuring that every recommendation aligns with the best interests of its clients.

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