17 August 2017
visit www.avoka.com

Bisys Retirement Services acquires Frontier Trust from AXA

13 July 2007  |  2613 views  |  0 Source: Bisys Retirement Services

Bisys Retirement Services, a division of The BISYS Group and the nation's largest independent administrator and recordkeeper for small- and mid-sized retirement plans, announced today that The Bisys Group has completed the acquisition of Frontier Trust Company from AXA Financial, Inc.

Based in Fargo, ND with assets under management exceeding $12 billion, Frontier Trust has business lines consisting primarily of trustee and custodial services for qualified retirement plans.

"Bisys' long standing relationship with Frontier Trust over the last 20 years makes this a natural fit," commented Bob Guillocheau, president of Bisys Retirement Services. "In a consolidating industry, this acquisition allows Bisys to further execute our strategic vision of providing robust retirement plan services to our clients."

Following the acquisition, existing employees of Frontier Trust along with the current management structure will remain with the business and operate as a separate division in the Retirement Services business.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Who is commenting?

Top topics

Most viewed Most shared
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9979 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9957 views comments | 8 tweets | 15 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8299 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7751 views 0 | 1 tweets | 9 linkedin
PayPal buys Swift Financial to boost working capital bizPayPal buys Swift Financial to boost worki...
7692 views comments | 13 tweets | 7 linkedin

Featured job

Find your next job