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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
January 22, 2009 at 07:00 PM
UMB Healthcare Services has acquired a block of 315 health savings accounts and a block of 308 medical savings accounts from Benefit Administrators.
The accounts in the HSA and MSA blocks hold a total of $3.6 million in assets, according to UMB Healthcare, a unit of UMB Financial Corp., Kansas City, Mo.
UMB, a bank holding company that has been active in the personal health account market, and Benefit Administrators, a subsidiary of E.G. Lee & Company Insurance Services Inc., Lafayette, Calif., have not announced the price of the deal.
Benefit Administrators says it is selling the HSA and MSA blocks because it feels it does not have a big enough health account business to manage the business efficiently.
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