PITTSBURGH, PA (BUSINESS WIRE) — EdgeCo Holdings LP (“EdgeCo”), a leading provider of best-in-class solutions for financial intermediaries and their clients, announced today that it has entered into a definitive agreement with Touchstone Retirement Group, LLC and its affiliates TRG Fiduciary Services and TRG Administrative Services (“TRG”) to become part of its AmericanTCS outsourcing business unit. Encompassing all of the trust custody and retirement operations EdgeCo has acquired since 2018, AmericanTCS is currently comprised of American Trust Retirement, American Trust Wealth, Mid Atlantic Trust Company and American Technology Automation.

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

The acquisition will enhance key operational and institutional outsourcing capabilities for American Trust

The two retirement industry leaders are partnering to provide a customizable retirement plan option for employers of all sizes

The agreement accelerates American Trust’s national expansion, with the addition of Unified Trust’s robust proprietary retirement managed account platform and fiduciary solutions, as well as comprehensive financial services.