News & Events
BPAS Promotes David Ritchie to SVP
Utica, NY (September 12, 2018) — BPAS, a leading national provider of retirement plans, benefit plans, fund administration, and collective investment trusts, announced today that David Ritchie has been promoted to Senior Vice President, Sales, for its VEBA and HRA/HSA Services.
With 20 years of industry experience, David is a national expert on VEBAs, Health Reimbursement Arrangements (HRAs), and Health Savings Accounts (HSAs). In his new role, he will continue to grow the company’s VEBA and HRA/HSA Service lines in sales and product development and create new distribution channels across the nation.
“David has been instrumental to the growth of our VEBA, HRA, and HSA lines of business, including product development, staffing, and sales,” said Barry Kublin, BPAS CEO. “His leadership has been a driving force in expanding the BPAS national brand across a competitive marketplace.” Read more here.
Paul Neveu to Present at Trust Users Group Conference
On Wednesday, September 12, Paul Neveu, President of BPAS Plan Administration & Recordkeeping Services, will be a featured speaker at the FIS Trust Users Group annual conference in Tucson, Arizona.
Neveu will present “Trustees in the Retirement Plan Business – Considerations in 2018.” During this hour-long session, Neveu will discuss key considerations for trustees in the retirement plan business, including market positioning, value propositions, fiduciary status and roles, service delivery models, and growth. He will share insights and best practices BPAS has learned from partnering with 90 bank trustees across the U.S. to help grow their retirement plan business. Read more here.
BPAS Announces New Ohio Valley Presence
BPAS announced In August, Ken Prell, Vice President and Chief Learning Officer of BPAS Actuarial & Pension Services (APS), relocated to Cincinnati, Ohio. By establishing a BPAS presence in Cincinnati, Ken is well positioned to expand the BPAS brand in the Ohio Valley area. Working closely with all BPAS lines of service and with financial partners, Ken will target new opportunities to deliver premier consulting and administrative services to clients in the region.
To read the full news release, please click here.
BPAS Adds HSA Sales Specialist
BPAS, a leading national provider of retirement plan and fund administration, transfer agency, collective investment fund, and other institutional trust services, announced today that Hannie Spitzack has joined the firm as its Health Savings Account (HSA) Sales Specialist.
Hannie will work with BPAS partners to expand its Roadways HSA product across the national market. With single sign on, an open architecture investment platform that mirrors the plan sponsors’ DC plan offerings, combined statements, and integrated online and onsite participant education, the BPAS Roadways HSA serves participant spenders and investors alike. There are no requirements for low‐yielding money market or bank deposit balances. Participants can invest first dollar and choose from an array of investments selected by the advisor, and they have debit card access to their account.
BPAS Names SVP of Fiduciary Services
Utica, NY—July 6, 2018. BPAS, a leading national provider of DB, DC, HRA, and HSA plan administration, transfer agency, and collective investment fund and fiduciary services, has named Greg Woods, CIMA® as its Senior Vice President of BPAS Fiduciary Services.
With more than 20 years of experience in the investment and financial services industry, Woods replaces Rick Shultz, who retired from BPAS at the end of June. Since joining BPAS in 2011, Woods has helped lead to the rapid growth of the division as Vice President, providing an array of fiduciary and investment services to assist financial intermediaries and plan sponsors. In his new role, he will oversee the BPAS Fiduciary Services division, including fund evaluation, portfolio management and business development. Click here to view the full news release.
BPAS, a leading national provider of retirement plan and fund administration, transfer agency, collective investment fund, and other institutional trust services announced today it has become a member of the LPL Financial Retirement Partner program. LPL Financial, a leading retail investment advisory firm and independent broker/dealer, is a wholly-owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA). By joining LPL, BPAS makes its full range of retirement plan services available to more than 14,000 financial advisors across the nation.
BPAS Receives WEX Health Innovator Award
BPAS, a leading national provider of retirement plan and fund administration, transfer agency, collective investment fund, and other institutional trust services, has been honored by WEX Health with a 2017 Partner Excellence Award for Innovator, at the annual WEX Health Partner Conference held recently in Scottsdale, Arizona.
BPAS was selected for this award because of its pacesetter efforts in creatively addressing needs in the consumer-driven healthcare market. David Ritchie, VP of Sales, BPAS VEBA & HRA/HSA Services; Corree Riley, Sales Relationship Manager, BPAS VEBA & HRA/HSA Services; and Renee House, Manager, BPAS VEBA & HRA/HSA Services accepted the award on behalf of BPAS.
Nathan Charleson Joins BPAS as West Coast External Wholesaler
Utica, NY (April 30, 2018) — BPAS, a leading national provider of retirement plan and fund administration, transfer agency, collective investment fund, and other institutional trust services, is pleased to announce the addition of Nathan Charleson as an External Wholesaler located in the west coast region.
“We are thrilled to have Nate join BPAS as we expand our presence on the west coast,” said Paul Neveu, President of DC Services at BPAS (BPAS Plan Administration & Recordkeeping Services). “While BPAS has clients in all 50 states and the Commonwealth of Puerto Rico, we see the west coast as a future growth area. Nate is already well established in the California Advisor community. His knowledge and reputation, coupled with the unique value proposition and capabilities of BPAS, make for a winning combination.”
BPAS Acquires Puerto Rico’s HR Consultants
San Juan, PR—April 9, 2018. Benefit Plans Administrative Services, Inc. (BPAS) announced today that it has acquired the business of HR Consultants (SA), LLC, in Puerto Rico. Both Adrian Robles and Hector D. Gaitan, FCA, ASA, MAAA, EA, of HR Consultants have already joined the staff of BPAS under an interim arrangement.
To view the full press release, click here.
BPAS Hires Texas-Based Wholesaler
BPAS announced today that Joe Long has joined the firm as an External Wholesaler located in the South Central region.
“After an extensive search process, we are pleased to introduce Joe Long as our new external wholesaler in the South Central region,” said Paul Neveu, President of BPAS Plan Administration & Recordkeeping Services. “His background, expertise, and knowledge of the industry will make him a great asset to our financial partners, helping them build their businesses across all plan types and plan sizes. Continuity and stability of relationships are things we pride ourselves on at BPAS.” Read the full press release here.