4.0
Jul 12, 2024
Recommend
CEO approval
Business Outlook
Pros
Great cause for supporting the US retirement and college savings industries. Thoughtful leadership for work-life balance.
Cons
Historical capital allocation decisions are questionable, given certain aspects of the M&A strategy and debt load on the company that may impact the end product / relative value proposition. Increased competition from technology start-ups presents a challenge for Ascensus to continue to innovate vs. riding out existing technology.