Actuaries Unlimited, Inc. Breaking News
Actuaries Unlimited, Inc. Acquires Los Angeles Based Pension Firm
by Christina Millette on November 1, 2018
Actuaries Unlimited, Inc. (“AUI”), a leading retirement planning firm, announced today that it has acquired the assets of PRB Administrators Incorporated (“PRB”), A Summit Consolidated Group Company.
Founded in the 1970s, PRB, a recognized leader in its field, has provided third party pension plan administration and consulting services to thousands of Defined Benefit and Profit Sharing/401(k) retirement plan sponsors within and around Southern California. The company had achieved the highest-level of proficiency in the retirement plan industry led by managing Actuary, Tom Munson, MSPA, who will be joining AUI.
Mindy Gassman & E. Mark Fishman, Shareholders of AUI, said, “Actuaries Unlimited, Inc. is delighted to combine our nearly fifty year legacy with the nearly fifty year legacy of PRB Administrators. We are thrilled to be growing our company and clientele, and look forward to continuing our mission to be the most creative plan design team in the business. PRB is a great addition to our company from both a business and geographic standpoint. We are also pleased to welcome Tom to the team as our seventh in-house actuary.”
Tom added, “This acquisition provides a major growth opportunity for both our businesses to unite our strong knowledge, advance our technical resources and expand our service capacity for our 700+ clients. AUI’s mission aligns with PRB’s to ensure that plan sponsors have the appropriate tools to develop and manage their retirement plans. I am proud of the high-quality services we provided to our clients, and look forward to continually serving them with AUI’s excellent and impressive team.”
For more information, please contact Christina Millette.
Christina Millette is an Executive Assistant at Actuaries Unlimited, Inc. (AUI). With her Bachelor’s degree from UCSB in Business Economics with an Accounting Emphasis, Christina started with AUI in 2016 and has grown within the company. She helped facilitate the PRB acquisition and wears many hats as the in-house IT technician, event planner, recruiter, marketing and social media guru, and office spirit. You name it, Christina can do it! She is a principal cultivator to AUI’s company culture and has helped foster camaraderie within the company. Christina prides herself on being resourceful and doing what it takes to get the job done well.
When she is not juggling her many faceted job responsibilities, she enjoys spending time with her family and friends, attending events, exploring rooftops, drinking Aperol spritzes and listening/dancing/singing to Taylor Swift. Christina lives in Santa Monica with her pet cat, Rondo.