The AmericanTCS 401(k) composite benchmark delivered a 10.00% return in the fourth quarter of 2023, ending the year on a positive note with a total annual return of 17.36%. Because 401(k) participants are long-term investors it is important to take a step back and...
In the third quarter of 2023, the AmericanTCS 401(k) benchmark returned -3.26%. The Benchmark closely aligns with a traditional 60/40 investment strategy. Although the 60/40 mix has historically performed well for investors, that strategy struggles when both equities...
The AmericanTCS 401(k) Composite Benchmark returned 4.66% in the second quarter of 2023. Following a challenging market in 2022 that delivered a decline of -16.70% to the 401(k) benchmark, 2023 has been a welcome change with a YTD return of 10.28%.
The rebrand of Mid Atlantic Trust Company to American Trust Custody is part of the previously announced launch of AmericanTCS, which brings together all of the trust, custody, retirement, wealth, and technology operations of EdgeCo Holdings under a single umbrella.
EdgeCo Holdings Announces Agreement with Touchstone Retirement Group to Join its AmericanTCS Business Unit
The agreement continues the national expansion of AmericanTCS’s outsourcing services with the addition of Touchstone Retirement Group’s deep knowledge in fiduciary and administrative services, plan design and recordkeeping solutions.
As we closed out 2022, the stock market’s roller coaster of a year ended with positive gains in Q4. The U.S. stock market made substantial gains in this last quarter, with much of the progress being achieved during the month of November.
The new brand brings together the Trust, Custody and Retirement operations EdgeCo has acquired over the past four years under a single banner. EdgeCo Holdings, LP (“EdgeCo”) is pleased to announce the launch of AmericanTCS, aligning the trust, custody and...
The purchase of VMS Hub, an innovative workflow mutual fund processing software, further bolsters EdgeCo Holdings’ suite of technology-enabled solutions.
The new open architecture retirement product will expand Mutual of Omaha’s Retirement Right product suite.
The acquisition expands American Trust’s reach in the Midwest and Western U.S. and enhances core institutional outsourcing capabilities