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Record Keepers

EPIC acquiring Retirement Plan Services

EPIC Advisors announced Thursday that it is acquiring Retirement Plan Services.

The deal closed on April 2. Terms were not disclosed.

David Davidson and Kimberly Beal, both principals at RPS, will join EPIC with the remainder of their team. Mr. Davidson said in a telephone interview that his new title is regional president and Ms. Beal's new title is vice president.

EPIC provides retirement plan record keeping and consulting, among other services. As of Sept. 30, 2017, it had $8.5 billion in assets under record keeping, Pensions & Investments data show.

RPS provides record-keeping, administration and plan design services for roughly $3.3 billion in assets.