Risk Strategies acquires Standard Pension Services

BOSTON, Sept. 19, 2022 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced the acquisition of Standard Pension Services, LLC, building the company’s capabilities and expertise in a number of financial services offerings. Terms of the agreement were not announced.

Since its founding in 1950, Standard Pension has grown into a full-service employee, benefits and retirement planning company. Standard Pension, located in Garden City, New York, is today led by its president, Howard Zodicoffwith offerings that cover all aspects of qualified retirement planning advice, wealth management, retirement planning administration, employee benefits and insurance planning.

“We are delighted to bring Standard Pension’s deep expertise and longevity of a business to the family of risk strategies,” said John Greenbaum, head of the national employee benefits practice at Risk Strategies. “In developing our specialist offerings, we place great emphasis on companies that can offer both true specialist expertise and expanded capabilities. Howard’s business largely meets both criteria.

Offering a personalized, high-quality service model that attracts clients interested in a high level of expertise, service and trust, Standard Pension’s service offerings include: qualified pension plan design, advice and support. administration, professional investment management, employee benefits, financial planning and life insurance planning.

“For more than 70 years, Standard Pension Services has built its reputation on true specialization and the depth of our expert knowledge,” said Zodicoff. “Joining Risk Strategies will not only preserve this focus, but also expand the range of specialist knowledge we could offer clients. We are very excited about the possibilities this presents.

Investment advisory services are provided by Aurora Private Wealth, Inc., a registered investment adviser. Certain representatives of Standard Pension are also registered representatives offering securities through APW Capital, Inc. Member FINRA/SIPC. 100 Enterprise Drive, Suite 504, Rockaway, NJ 07866, (800) 637-3211.

To learn more about risk strategies, please visit www.risk-strategies.com.

About Risk Strategies
Risk Strategies is a national insurance brokerage and risk management firm offering comprehensive risk management advice and insurance and reinsurance placement for property and casualty, employee benefits and services to private clients. With more than 30 specialist firms, Risk Strategies serves commercial enterprises, non-profit organizations, public entities and individuals, and has access to all major insurance markets. Ranked among the nation’s top brokers, Risk Strategies has more than 100 offices, including Boston, New York, Chicago, Toronto, Montreal, Grand Cayman, Miami, Atlanta, Dallas, Nashville, Washington DC, Los Angeles, and San Francisco. risksstrategies.com