The acquired firm, described as a software as a service (SaaS) company providing third-party administrators (TPAs) and other retirement plan professionals integrated workflow solutions to automate administrative functions as well as securely comply with 5500 filing requirements, will become part of the pension and benefits portfolio within the Business Compliance Group in Wolters Kluwer Law & Business. Terms of the agreement were not disclosed.
Wolters Kluwer Law & Business, with its CCH and Aspen Publishers brands, is a provider of pension, benefits and tax law information and services to professionals.
With the acquisition of ftwilliam.com, Wolters Kluwer Law & Business is further expanding its suite of innovative workflow solutions for pension planning professionals – resources that include Technical Answer Group (TAG), a technical support service providing answers to pension-related questions for TPAs and other retirement plan professionals, and the Pension and Benefits eLibrary. According to a press release, some of this content already is available to ftwilliam.com customers as part of a pre-existing relationship with Wolters Kluwer Law & Business to provide pension plan content to ftwilliam.com customers.
“We’re pleased to join Wolters Kluwer Law & Business,” said Timothy M. McCutcheon, APM, ftwilliam.com President. “The combination of ftwilliam.com and Wolters Kluwer Law & Business is poised to deliver a unique set of content, service and web-based workflow solutions to ensure pension and benefits professionals have access to the integrated solutions they need to efficiently fulfill their responsibilities. In addition, Wolters Kluwer Law & Business shares our same passion for quality and outstanding customer service.”
Founded in 2005, Milwaukee-based ftwilliam.com, legal name Fort William LLC, has over 2,000 customers nationwide. The firm has 11 employees, all of whom will join Wolters Kluwer Law & Business.