“As a normal consequence of the nation's aging demographics, there's a predictable migration of funds from retirement plans to investment management platforms,” said Jude Metcalfe, president of DST Retirement Solutions, in July. “This acquisition of an established leader in the rollover business places us squarely at that point of intersection.”

Clients of WMSI range from Fortune 500 companies to small businesses in the financial services and employee benefit arenas.

As well as New York City, WMSI has offices in West Palm Beach, FL, Boston, Massachusetts, and Waltham, MA.