Dresher-based Ascensus, a financial services company, recently announced Dan Morrison will serve as president of retirement.
Morrison has more than 25 years of retirement market experience. He joins the company from Empower, where he was head of government and Taft Hartley markets. He began his career with Merrill Lynch and has since held roles in sales, relationship management and participant engagement management.
Morrison will oversee Ascensus’ retirement business and work to advance the company’s long‑term strategy to build on its recent growth.
“Ascensus has built a strong and differentiated retirement business, and we see a tremendous opportunity to build on that foundation,” Nick Good, Ascensus CEO, said. “Our growth trajectory is clear, and bringing in a leader like Dan enables us to move faster, scaling our capabilities, deepening our impact, and delivering even greater value for our clients, partners, and the millions of savers we serve.”
Ascensus offers its more than 16 million customers third-party retirement plan administration, qualified and nonqualified retirement plan solutions, fiduciary and total rewards services, corporate- and bank-owned life insurance solutions, and 529 education and ABLE savings program administration. The company employs more than 5,000 people and oversees more than $932 billion in assets under administration.