U.S. Retirement Partners Acquires Prominent Ohio Firm
Ohio Company Joins National 403(b) Provider
Iselin, NJ, December 31, 2010—U.S. Retirement Partners (USRP) announced today that it has acquired National Educational Services, LLC (NES), a firm that will be part of USRP’s national network of 403(b) providers serving the K-12 education market.
NES, with headquarters in Cincinnati, OH, was founded 25 years ago by Paul Bain. Since its inception, the company has built a robust infrastructure and has gained significant penetration in over 4,000 Employer groups located in more than 15 States. Furthermore, through these relationships, NES manages more than $500M of client assets. NES has distinguished itself by dedicating itself to top-notch customer service and offering only the most “client friendly” products offered by highly rated companies. NES’ Third Party Administration (TPA) services include; Same-day premium processing, non-interest bearing depository account (independently audited) and a complete Employee education program.
“Our mission is to establish trust and long-lasting relationships between our Advisors and our clients. This commitment has served us well throughout the years. We take a great deal of pride in knowing that our clients keep returning to us for advice,” said Paul Bain, NES President and Founder.
“NES is a well-established employee benefits firm with an impeccable reputation and solid book of business focused in our core market. NES will be working with other USRP Partner Firms to leverage their current strategies, which will, in turn, help increase these Firms’ penetration in their existing schools districts,” said Mark M. Skinner, President and CEO of USRP.