#United States #Philadelphia #Fiduciary Services Group #Beacon Benefits #DWC

Fiduciary Services Group Expands with Beacon Benefits Acquisition

In a strategic move that redefines growth within the retirement services industry, Fiduciary Services Group (FSG) has officially acquired Beacon Benefits, a renowned third-party administrator (TPA) located in Beverly, Massachusetts. This acquisition, announced on September 11, 2025, emphasizes FSG's commitment to strengthening its position within the TPA segment and enhancing the services available to clients across the spectrum of retirement solutions.

A Strategic Fit

Beacon Benefits has established itself as a reputable name in retirement plan administration, celebrated for its client-centric approach and extensive industry knowledge. As FSG works to expand its portfolio of companies, integrating Beacon Benefits into its operations represents a deliberate strategy to bolster its family of service providers. The newly integrated organization will function under DWC, FSG’s leading TPA platform, which aims to improve plan administration efficacy while delivering top-tier client service.

FSG CEO Scott David articulated the significance of this acquisition, stating, “This acquisition reflects our continued investment in building a best-in-class retirement services ecosystem. By bringing Beacon Benefits into the FSG family, we’re not only expanding our footprint—we’re enhancing our ability to serve clients across all segments of retirement services.”

The Vision for Growth

William Clifford, President of Beacon Benefits, shared his enthusiasm about joining the FSG team: “Joining FSG and becoming part of DWC is a tremendous opportunity for our team and our clients. We’re excited to contribute to a shared vision of growth and innovation, and to continue delivering the high-touch service our clients value—now with even greater resources and reach.”

This sentiment resonates with both organizations’ commitment to innovation and excellence within the retirement services field. Kristin McCarthy, the Head of DWC, emphasized that “Today represents more than just growth; it’s about uniting the talent, expertise, and forward-thinking mindset of two strong organizations. By aligning our strengths and shared commitment to excellence, we’re not only expanding our capabilities—we’re redefining what’s possible for our clients and the retirement services industry.”

Enhanced Offerings for Clients

The incorporation of Beacon Benefits into the DWC framework means clients will experience an expanded array of resources and services. They will gain access to deeper technical expertise and a broader suite of solutions while still enjoying the personalized service that has defined Beacon’s offerings. This strategic integration is aimed at ensuring that clients are well equipped to navigate the evolving landscape of retirement planning with confidence and ease.

Fiduciary Services Group’s overarching goal remains to deliver innovative and scalable solutions tailored to the needs of plan sponsors and advisors, thus facilitating a smoother experience for everyone involved in the retirement planning process.

About Fiduciary Services Group

Fiduciary Services Group, known as the Family of Companies (FSG), has consistently led the retirement services sector, focusing on delivering comprehensive offerings including recordkeeping, compliance, governmental reporting, and advisory services. With its wide-ranging expertise and robust infrastructure encompassing companies like PCS Retirement, Advisor Trust, Aspire, ABGRM, and now Beacon Benefits, FSG is devoted to empowering organizations, advisors, and plan participants to achieve their retirement aspirations.

About Beacon Benefits

For over two decades, Beacon Benefits has been a trusted partner for employers and advisors, providing bespoke retirement plan administration services. The firm prides itself on fostering long-term relationships grounded in clarity and reliability. Beacon Benefits specializes in personalized service, maintaining that a deep understanding of client needs ensures that specific goals are met with precision and integrity.

This acquisition marks a transformative moment for Fiduciary Services Group, heralding new opportunities for collaboration and innovation, ultimately strengthening the landscape of retirement plan administration.