Invst acquires Stamford-based firm fiduciary consulting firm NS Capital

Invst, a leading registered investment advisor based in Indianapolis, has officially acquired NS Capital, a Stamford-based firm specializing in fiduciary consulting. This landmark acquisition creates the Invst Unity Pooled Employer Plan (PEP), a cutting-edge retirement solution designed to simplify retirement management for businesses while empowering employees with robust financial planning resources.

The merger underscores Invst’s vision to address the evolving challenges of retirement planning by introducing innovative solutions that cater to the unique needs of businesses in an increasingly competitive labour market.

What Does the Acquisition Mean for Employers?

As traditional pension plans fade into obsolescence and concerns about Social Security’s future persist, the demand for cost-effective, accessible retirement plans has surged. Businesses now view 401(k) plans not as optional but as essential components of competitive employee benefits packages. However, managing these plans often presents barriers, including high fees, fiduciary liability, and administrative complexity.

The Invst Unity PEP offers a transformative alternative, leveraging legislative advancements under the Secure Act. This Act enables multiple employers to join a single, professionally managed retirement plan, dramatically reducing costs and administrative burdens. Employers gain access to shared fiduciary protections and high-quality institutional investment options, allowing them to attract and retain top talent without the overhead of independently managing 401(k) plans.

A Collaborative Approach to Retirement Innovation

The Invst Unity PEP is a culmination of years of expertise from both Invst and NS Capital. Since 2021, NS Capital has been at the forefront of the pooled employer plan landscape, launching its Unity 401(k) PEP as one of the first independent offerings in the United States. Similarly, Invst’s MyInvst401K PEP has made significant strides by incorporating unique features designed to optimize cost-efficiency and user experience.

Scott Jarred, founder of Invst, emphasized the strategic alignment, noting that the acquisition allows Invst to expand its reach and enhance the quality of life for employees nationwide. Jarred stated that the Invst Unity PEP would empower businesses with the tools to streamline their operations while delivering exceptional retirement options to their workforce.

Steven Shackelford, Vice President of Qualified Plans at Invst, highlighted the acquisition’s significance in meeting the needs of modern businesses. By uniting expertise from both firms, the new platform offers an unprecedented value proposition that simplifies retirement management while reinforcing the financial wellness of employees.

Empowering Employees Through Financial Wellness

A key differentiator of the Invst Unity PEP is its integration with the Invst IQ Financial Wellness Platform. This state-of-the-art tool provides employees with interactive financial education resources, including courses, articles, and videos. By improving financial literacy alongside retirement savings, the platform ensures participants have the knowledge to make informed decisions about their financial future.

Louis Day, Senior Managing Partner at NS Capital, described the merger as a natural fit, pointing to shared cultural values centered around fiduciary excellence and client service. He noted that combining strengths with Invst enables the partnership to deliver retirement solutions that genuinely prioritize client needs while advancing the broader goal of financial security for employees.

A Game-Changer for Business Retirement Plans

The Invst Unity PEP is a comprehensive solution that addresses the most pressing challenges of 401(k) plan management. By offering low-cost, high-quality investments, full fiduciary protections, and simplified administration, the plan ensures businesses can focus on growth while providing employees with the retirement benefits they deserve.

As the demand for innovative retirement solutions continues to rise, Invst and NS Capital’s collaboration sets a new standard for retirement planning. This strategic move not only bolsters the competitiveness of participating businesses but also creates a lasting impact on the financial well-being of employees nationwide.