PCS Retirement
Independent retirement plan recordkeeper selling turnkey 401(k), 403(b), 457 and IRA platform and services to advisors, TPAs, financial institutions, employers and savers.
PCS Retirement (formerly Professional Capital Services) provides data-driven recordkeeping technology and business development tools for retirement plans. These include 401(k), 403(b), 457, IRA, cash balance and defined benefit plans. Its customers are retirement plan advisors and RIAs, TPAs, financial institutions, employers and individual savers. It positions itself as independent and conflict-free, with an open-architecture platform and no proprietary funds. It acquired Aspire in 2019, and LinkedIn lists the combined firm at 19,000 plans, 850,000 eligible participants and more than $26B in assets under administration. In March 2024, funds managed by Lee Equity Partners took a majority investment and Scott David was named CEO. It is not an AI company: it is a fintech and recordkeeping provider.
