PROspectives

The beginning of the year is a time when the strategies and plans that were established the prior year are put into action. Collecting census data and issuing 1099s for distributions have been the focus of many TPAs up to this point. These tasks require the use of...

Daniel Liss, CEO Daniel Liss is pushing boundaries. With ten acquisitions under his belt and more in the pipeline, the growth of EGPS is impressive. Acquiring TPA firms and integrating them into your operations is no easy task. “Culture is the most important thing we...

As a Fintech company we are obsessed with data and quantifying our productivity as it drives our products and value to our customers.   However, as the events of 2020 unfolded and "business as normal" became anything but normal, we found that using our tried and...

“I’m sorry, our budget has been frozen.” Sound familiar? “We need to make some cuts.” Had any of those calls? “We are in a holding pattern right now.” You know where this is going.   Sales and Business Development professionals across the country are inundated by...

In the moments after you realize your email has been compromised, you are overcome with a sense of fear, embarrassment, and denial. What have I done? What does this mean for all of my clients’ files? Who should I tell? What can thieves actually do with the data? I...

On Sunday, February 2nd, many of you will be glued to the TV watching the San Francisco 49ers battle the Kansas City Chiefs in Super Bowl 54. Imagine if either team came to Miami with just one string of players. Crazy, right? Someone could get hurt, sick or even just...

Shannon Edwards and Allyson Rentsch, Shannon Edwards founded TriStar Pension Consulting in 1999 with the belief that neither she nor anyone she employed should ever have to sacrifice having a family in order to have a career in the TPA Industry. More than twenty years...

During Annual Administration, firms are faced with their most obvious threat to their cyber security; the census data.   As TPAs, you know that the data that you possess contains all the necessary information desired by hackers to destroy a person’s financial...

Karen Smith and Arasely Valdez Cyber security caught a sleepy industry by surprise. A few years ago, TPAs across the country were scrambling to understand cyber trends and ensure that the way business was always conducted (via email and telephone) was not contributing...

Many third party administrators (TPAs) are in the throes of the second defined benefit restatement cycle. Admittedly, it is a struggle to keep up with all the paperwork and moving parts of the process. Not for The Weiss Group, Inc., doing business as TWG Benefits,...

Haskel and Adam Weiss Innovation is a word that can be thrown around too often, but every once in a while it is used to describe something or someone that is truly on the cutting edge. Haskel and Adam Weiss at The Weiss Group, Inc. (dba TWG Benefits, Inc.) fit that...

Millennials were infamous for driving the issue of a remote workforce. There were endless stories of 20-something professionals who worked via laptops from the Santa Monica pier while sipping exotic drinks in blissful sunshine. This trend is set to continue as the...