AmericanTCS Strengthens American Trust Retirement Leadership with Two Key Appointments

PITTSBURGH--(BUSINESS WIRE)--AmericanTCS today announced the appointment of Beau Adams as the new President of American Trust Retirement and Carolann DiMaggio as Chief Operating Officer. As an AmericanTCS business, American Trust Retirement provides trading, custody, administration and technology solutions that enable partners to create their own retirement offerings to meet the needs of the advisor best, the plan sponsor and most importantly, the participant.

"We're thrilled to welcome both Beau Adams and Carolann DiMaggio to lead American Trust Retirement into its next phase of growth," said Tim Friday, CEO, AT Retirement Services, LLC. "This powerful leadership combination brings together Beau's extensive experience in the retirement benefits space with Carolann's proven track record in operational excellence."

Adams joins American Trust Retirement with nearly three decades of retirement industry leadership. He most recently served as Vice President and Head of Retirement & Wealth Management at Horace Mann Insurance Company, where he directed the firm's retirement plan solutions and wealth management operations. Prior to Horace Mann, Adams spent 24 years as Partner and Executive Vice President at Benefit Consultants Group & BCG Securities, where he built and led integrated financial services businesses spanning retirement plan consulting, recordkeeping, third-party administration and broker-dealer/RIA management. Throughout his career, he has worked in every aspect of the qualified plan ecosystem and has been a featured speaker at industry events including the Pennsylvania Bar Association and National Broker Dealer Conferences.

DiMaggio brings over 25 years of retirement industry expertise, most recently serving as Senior Manager of Operational Excellence at Vanguard. Her career includes extensive experience in recordkeeping services, non-qualified plan administration and process redesign, making her ideally suited to optimize American Trust Retirement's operational capabilities and drive client satisfaction.

"The appointment of Beau and Carolann represents our commitment to being at the forefront of the retirement space," Friday added. "Their combined expertise will enhance our ability to grow our recordkeeping operations while maintaining the operational excellence our clients expect and deserve."

Kevin Thompson, who has served as President of American Trust Retirement and the Chief Administrative Officer of the parent firm of AmericanTCS, EdgeCo Holdings, has announced his retirement after five years of leadership. Thompson led numerous strategic acquisitions during his tenure that significantly expanded the organization's capabilities. He will remain with the company during a transition period to ensure a smooth handover of responsibilities.

About AmericanTCS

For almost 50 years, the businesses that comprise AmericanTCS – American Trust Custody, American Trust Retirement, American Trust Wealth, AmericanTCS Fiduciary Services and American Technology Automation – have been collaborating with financial intermediaries to provide successful financial outcomes for them and their clients. AmericanTCS is dedicated to delivering exceptional customer service and innovative technology to create operational efficiencies and competitive advantages. By prioritizing strong relationships and continuous collaboration, AmericanTCS aims to establish itself as the go-to services partner in today’s ever-evolving marketplace, fulfilling its mission of creating financial security for all Americans. Visit americantcs.com to learn more.