TRA Reaches Deal with Employee Benefit Consultants of Florida, Inc.
APPLETON, WI (December 14, 2020) – The Retirement Advantage, Inc. (TRA), an independently owned, industry-leading national retirement services company, today announced the acquisition of Employee Benefit Consultants of Florida, Inc. (EBC), based in Stuart, FL.
“Our fourth acquisition in 2020, EBC presents a terrific opportunity for both growth and innovation,” said Matt Schoneman, President of TRA. “We are excited to join forces with an organization whose history, culture and overall commitment to customer success closely mirrors our own. After reviewing EBC’s operations we determined that we were an ideal partnership that aligned perfectly with TRA’s current disciplined growth strategy.”
“We are excited to partner with TRA and their end-to-end retirement plan services platform,” said Robert Zike, president of Employee Benefit Consultants of Florida, Inc. “We believe that by combining our expertise we will be able to more rapidly advance our joint goals.”
“Joining TRA provides both our employees and clients with additional opportunities,” said Zike. “We are ready to combine our industry expertise and regional presence with TRA to position our employees and clients for long-term success. We are stronger together and we look forward to what the future holds.”
“TRA continues to enhance and deliver a comprehensive suite of services,” said Jeff Schreiber, VP of Distribution at TRA. ” This acquisition will effectively build on the two firms’ existing relationships and give TRA a larger foothold in the retirement plan arena.”
About Employee Benefit Consultants of Florida, Inc.:
Employee Benefit Consultants of Florida, Inc. began in 1986 with Robert Zike’s vision to provide outstanding retirement related services to the rapidly growing business community in Southeastern Florida and beyond. EBC offers a broad spectrum of retirement and wealth creation products and services. They design, administer, and provide excellent on-going client services for a broad range of plans.
About The Retirement Advantage, Inc.:
TRA, based in Wisconsin, is a national retirement services company providing third-party administration and fiduciary services to financial advisors, and businesses of all sizes. An on-going commitment to providing expert consultation, resources and exceptional customer service has positioned TRA as one of the largest, privately held third party administrators in the nation. We proudly serve more than 9,000 plan sponsors with more than $9 billion in retirement assets under administration. You can count on us to deliver on time, on budget, and with precise attention to detail. To learn more about our industry leading solutions, please visit www.tra401k.com.
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