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Ascensus
Ascensus, LLC. is an American financial services company. It offers savings plans of various kinds. It was founded in 1980; the head office is in Dresher, Pennsylvania. History and ownership In 2015, Ascensus was offered for sale by private equity investment firm JC Flowers. In the fourth quarter of 2015, the company was acquired by Genstar Capital and Aquiline Capital Partners. The company is a NAFCU (National Association of Federally-Insured Credit Unions) Preferred Partner. In April 2020, Kevin Cox was appointed Head of Retirement Business at Ascensus. Mr. Cox succeeds Shannon Kelly, who will take a professional Sabbatical after nearly 20 years at the company while Peg Creonte succeeds Mr. Cox as head of his business line of government savings. In 2021, Ascensus was sold by Genstar Capital and Aquiline Capital Partners to Stone Point Capital LLC and GIC for $3 billion. Retirement savings In December 2016, Ascensus was chosen to manage the Oregon Retirement Savings Plan, t ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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1975 Establishments In The United States
It was also declared the ''International Women's Year'' by the United Nations and the European Architectural Heritage Year by the Council of Europe. Events January * January 1 - Watergate scandal (United States): John N. Mitchell, H. R. Haldeman and John Ehrlichman are found guilty of the Watergate cover-up. * January 2 ** The Federal Rules of Evidence are approved by the United States Congress. ** Bangladesh revolutionary leader Siraj Sikder is killed by police while in custody. ** A bomb blast at Samastipur, Bihar, India, fatally wounds Lalit Narayan Mishra, Minister of Railways. * January 5 – Tasman Bridge disaster: The Tasman Bridge in Hobart, Tasmania, Australia, is struck by the bulk ore carrier , killing 12 people. * January 7 – OPEC agrees to raise crude oil prices by 10%. * January 10–February 9 – The flight of '' Soyuz 17'' with the crew of Georgy Grechko and Aleksei Gubarev aboard the '' Salyut 4'' space station. * January 15 – Alvor Agreeme ...
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American Companies Established In 1975
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ...
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Financial Services Companies Of The United States
Finance is the study and discipline of money Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as ..., currency and capital assets. It is related to, but not synonymous with economics, the study of Production (economics), production, Distribution (economics), distribution, and Consumption (economics), consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in Financial system, financial systems at various scopes, thus the field can be roughly divided into Personal finance, personal, Corporate finance, corporate, and public finance. In a financial system, assets are bought, sold, or traded as Financial instrument, financial instruments, such as Currency, currencies, Loan, loans, Bond (finance), bonds, Shar ...
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Financial Services Companies Established In 1975
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of Production (economics), production, Distribution (economics), distribution, and Consumption (economics), consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in Financial system, financial systems at various scopes, thus the field can be roughly divided into Personal finance, personal, Corporate finance, corporate, and public finance. In a financial system, assets are bought, sold, or traded as Financial instrument, financial instruments, such as Currency, currencies, Loan, loans, Bond (finance), bonds, Share (finance), shares, Stock, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be Bank, banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are alway ...
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Wealthfront
Wealthfront Inc. is an automated investment service firm based in Palo Alto, California, founded by Andy Rachleff and Dan Carroll in 2008. As of September 2019, Wealthfront had $21 billion AUM across 400,000 accounts. History Wealthfront was founded by Benchmark co-founder Andy Rachleff and Dan Carroll in 2008 as kaChing, a mutual fund analysis company, before pivoting into wealth management. Rachleff was the firm's founding CEO. In December 2012, the firm started tax-loss harvesting for accounts of more than $100,000. The company started 2013 with $97 million in assets under management and grew by 450% in one year. In 2013, Wealthfront introduced "direct indexing", a tax-loss harvesting platform that purchases the individual securities of an investment portfolio. Between January 2014 and October 2016, Adam Nash was Wealthfront's CEO. Founder Andy Rachleff retook the role in 2016. In 2016, Wealthfront launched a partnership with the state of Nevada to launch a 529 tax-adva ...
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Warwick, Rhode Island
Warwick ( or ) is a city in Kent County, Rhode Island, the third largest city in the state with a population of 82,823 at the 2020 United States Census, 2020 census. It is located approximately south of downtown Providence, Rhode Island, southwest of Boston, Massachusetts, and northeast of New York City. Warwick was founded by Samuel Gorton in 1642 and has witnessed major events in American history. It was decimated during King Philip's War (1675–1676) and was the site of the Gaspee Affair, the first act of armed resistance against the British, preceding even the Boston Tea Party, and a significant prelude to the American Revolution. Warwick was also the home of American Revolutionary War, Revolutionary War General Nathanael Greene, George Washington's second-in-command, and American Civil War, Civil War General George S. Greene, a hero of the Battle of Gettysburg. Today, it is home to Rhode Island's main airport, T. F. Green Airport, which serves the Providence, Rhode Isla ...
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Invesco
Invesco Ltd. is an American independent investment management company that is headquartered in Atlanta, Georgia, with additional branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York stock exchange. Invesco operates under the Invesco, Trimark, Invesco Perpetual, WL Ross & Co and Powershares brand names. History Invesco (then officially spelled with all-capital letters: INVESCO) was created in Atlanta in 1978 when Citizens & Southern National Bank divested its money management operations. In 1988, the company was purchased by the British firm Britannia Arrow, based in London, which later took the INVESCO name. In 1997 INVESCO PLC merged with AIM Investments. Upon completion of the merger the company adopted the name Amvescap. In 2007 the company reverted to the Invesco name. Since 2000 Invesco has grown through acquisitions such as the ETF firm PowerShares Capital Management and the restructuring of WL Ross & Co. In 2004, th ...
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OregonSaves
OregonSaves is a statewide program started in July 2017 by the State of Oregon to provide a public retirement savings program for private workers. It was estimated that more than half of Oregon's working population lacked access to a retirement savings plan through their employer, or more than one million workers in the small business Small businesses are types of corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to ap ... heavy state. The program allows workers at businesses that do not provide an employer-sponsored retirement plan to automatically enroll in the OregonSaves program and start saving a percentage of their paychecks into an Individual Retirement Account in their name. Self-employed and gig economy workers can also sign themselves up directly through the website. OregonSaves accounts are portable and stay with ...
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Dresher, Pennsylvania
Dresher (previously Dreshertown) is a community in Upper Dublin Township, Montgomery County, Pennsylvania. The population was 5,610 at the 2000 census. Because Dresher is neither an incorporated area nor a census-designated place, all statistics are for the ZIP Code 19025, with which the community is coterminous. Geography According to the U.S. Census Bureau, the community has a total area of , all land. The headwaters for Sandy Run, a tributary of Wissahickon Creek are located in Dresher. Dresher is located north of Philadelphia and is adjacent to the Pennsylvania Turnpike (Interstate 276). Demographics At the 2000 census, there were 5,610 people, 1,765 households, and 1,538 families in the community. The population density was 1,734.04/sq mi. There were 1,830 housing units at an average density of 564.67/sq mi. The racial make-up was 89.9% White, 1.0% African American, 0.7% Native American, 6.8% Asian, 0.0% Pacific Islander, 0.8% from other races, and 0.8% fro ...
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National Association Of Federally-Insured Credit Unions
The National Association of Federally-Insured Credit Unions (NAFCU) is a U.S. trade organization representing the nation's federally-insured credit unions. The NAFCU hosts conferences, publishes original research on issues relating to the credit union industry, and provides testimony before the United States Congress on issues relating to credit unions and the financial services industry. The organization was founded in 1967 and is headquartered in Arlington, Virginia. Advocacy The NAFCU supported the CFPB Rural Designation Petition and Correction Act (H.R. 2672; 113th Congress), a bill that would amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to direct the Consumer Financial Protection Bureau (CFPB) to establish an application process that would allow a person to get their county designated as "rural" for purposes of a federal consumer financial law. One practical effect of having a county designated "rural" is that people can qualify for some types of mor ...
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