NORWALK, Conn.--(BUSINESS WIRE)--Rocaton Investment Advisors (Rocaton), a full service, independent investment advisory consulting firm, and Penbridge Advisors (Penbridge), a specialist pension information and advisory services firm, have established a strategic alliance to provide corporate sponsors of U.S. defined benefit (DB) pension plans with comprehensive analysis and advice for pension risk management, liability-driven investing and pension risk transfer (PRT).
Rocaton has also agreed to license annuity buy-out data from Penbridge, which Rocaton will use to monitor the annuity buyout marketplace and incorporate into clients’ pension risk management initiatives, including custom de-risking glide paths.
“At Rocaton, our client focus drives everything we do,” said Robin Pellish, CEO and co-founder of Rocaton Investment Advisors. “To ensure that we provide superior advice and service, we emphasize a culture that is grounded in collaboration, which includes seeking insights from external experts. Our alliance with Penbridge positions Rocaton to provide a wider array of pension risk management solutions to best serve the evolving needs of our clients.”
According to Steve Keating, co-founder and principal of Penbridge Advisors, “Our firm’s business model is designed to foster the collaboration of advisors providing pension de-risking services, bringing together the areas of specialty needed to achieve the objectives of DB plan sponsors.” Keating added, “We believe this coordinated approach provides plan sponsors the broad perspective needed to decide rationally how and when to de-risk.”
About Rocaton Investment Advisors, LLC
Rocaton provides independent investment consulting services to institutional investors including pension plan sponsors, financial intermediaries, healthcare and insurance companies, endowments and foundations and private wealth clients. Rocaton is a 100% employee-owned firm that operates from a single primary office in Norwalk, CT. Rocaton’s current clients had approximately $425 billion in assets as of September 30, 2015.
About Penbridge Advisors, LLC
Penbridge Advisors focuses exclusively on helping defined benefit plan sponsors make balanced, well-informed decisions to obtain the most efficient solutions for plan maintenance or pension risk transfer. Penbridge maintains the only industry database focused on the U.S. PRT market, currently used by more than 350 plan sponsors and advisory firms. Penbridge recently launched the first industrywide DB expense survey, allowing Penbridge to provide benchmarking and vendor search services to plan sponsors. Access to the PRT database and participation in the Penbridge Defined Benefit Expense Survey are available to plan sponsors free of charge.
To participate in the Penbridge Defined Benefit Expense Survey, click here.
To access the Penbridge PRT Database, click here.