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MissionSquare Retirement Expands Wealth Options
['Patrick Donachie', 'Senior Reporter', 'Wealth Management']
wealthmanagement
MissionSquare Retirement, a Washington, D.C.-based retirement plan product provider focused on government employees, is expanding its personal wealth management services.
The firm will offer brokerage accounts (including individual retirement accounts and taxable accounts), as well as a robo-advisor that supports IRAs and taxable, non-qualified investment accounts.
As part of the move, the firm will appoint Shannon Hogendorn as head of wealth management to lead its rebranded broker/dealer subsidiary.
MissionSquare Wealth Management will work with Apex Fintech Solutions, using its Ascend Investor product in offering self-directed and robo-investing options, while custodying through Apex Clearing.
Schroeder joined the firm from her prior role as head of investment product and relationship management at MassMutual.