Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Products July 9, 2013
Retirement LLC Merges with TPA
Retirement, LLC, of Oklahoma City, Oklahoma, will merge with third-party administrator I AM, Inc. of Traverse City, Michigan.
Reported by Kevin McGuinness
Retirement, LLC is an independent third-party administration firm and recordkeeper for more than 1,400 tax-qualified retirement plans. I AM, Inc. is a retirement plan consulting organization advising and assisting companies with their qualified retirement planning. It was acquired by Randall Kamps in 2001.
“We are committed to grow and consolidate this market segment, and having a market presence to serve this client-base is strategic to our mission,” said Robert Krypel, CEO of Retirement, LLC. “We are thrilled to have I AM, Inc. as part of our growing organization, and we welcome them to the Retirement, LLC family.”
“Joining forces with Retirement, LLC was a significant decision for our organization. We now have the infrastructure which will allow us to enhance the value proposition for our current clients as well as introduce it to any size organization here in Michigan and throughout the upper Midwest,” said Randall Kamps, I AM, Inc. president and CEO.