Conrad Siegel Actuaries

What Conrad Siegel Actuaries does

Conrad Siegel Actuaries is a privately held, consultant-owned financial advisory and actuarial consulting firm founded in 1963/1964 in Harrisburg, Pennsylvania, operating across three offices in Harrisburg, Lancaster, and Naples. The firm operates on a fee-for-service model with no commissions and is structured through its SEC-registered investment advisory subsidiary, Conrad Siegel Investment Advisors, Inc. (CSIA), which manages more than $10 billion in assets under management as of June 30, 2025. It serves two primary customer sets: organizations (employers, school districts, government entities, nonprofits) requiring retirement plan administration, healthcare benefits consulting, and actuarial services; and individuals and families seeking financial planning, investment management, and family office services.

The firm's product surface spans defined contribution plans (401(k), 403(b), 457(b)), defined benefit and cash balance pensions, ESOP administration, executive retirement plans, foundations/endowments investment consulting, pooled employer plans (Central PA 401(k)), GASB 74/75 OPEB valuations, QDRO/divorce valuations, workers' comp actuarial work, self-funded healthcare consulting (BRASS), and ACA compliance. Technology is a conventional advisory stack — client portal (MyConradSiegel), mobile app, financial wellness tools, and 360° payroll integration — with no proprietary AI or data assets disclosed. Service delivery is delivered by 100+ credentialed professionals (FSA, CFA, CFP, ChFC, MAAA, EA) organized around partner-led committees across defined benefit, DC, health & welfare, OPEB, and compliance functions.

The business model is recurring, fee-for-service revenue across three streams: percentage-of-AUM wealth management fees (0.71%-1.09%), monthly retirement plan administration fees (e.g., $90-$500+/month for Central PA 401(k)), and project/engagement-based actuarial and healthcare consulting fees. Customer reach spans 25+ states with 60,000+ retirement plan participants, 500+ public entities for GASB valuations, and 350+ school districts for OPEB work. The firm is repeatedly recognized on CNBC FA100 (#32 in 2025), Forbes America's Top RIA, NAPA Top DC Advisor Teams, and PLANADVISER Top Retirement Plan Adviser lists, and reports a 93 Net Promoter Score from 2023 client surveys.

Name

Conrad Siegel Actuaries

Legal name

Conrad Siegel Investment Advisors, Inc.

Website

https://conradsiegel.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

101–250 employees

Short description

Conrad Siegel Actuaries is a consultant-owned, fee-for-service financial advisory and actuarial firm managing $10B AUM via subsidiary CSIA, serving employers, public entities, and individuals with retirement plan administration, investment consulting, healthcare benefits, and actuarial services across 25+ states.

Ownership category

akta.pro rank

Product category

Actuarial Consulting & Financial Advisory

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Investment Advice (6282)

akta.pro primary industry

Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)

akta.pro secondary industries

Family Office Advisory (Single/Multi-Family) (FSAEAAAI), Estate Planning & Trust Structuring Advisory (FSAEAKAC)

Keywords

• Retirement plan administration
• Actuarial consulting
• Investment advisory
• Healthcare benefits consulting
• Wealth management

Headquarters

HQ city

Harrisburg

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Fee-for-Service Investment Advisory: SEC-registered investment adviser providing fiduciary investment advisory services on a fee-for-service basis with no commissions or hidden costs
2. Percentage of Assets Under Management: All-in fees based on percentage of assets managed, ranging from 0.71% to 1.09% depending on portfolio size. Total costs up to 41% lower than national average.
3. Retirement Plan Administration Services: Monthly service costs for Central PA 401(k) pooled employer plan ranging from $90-$500+/month based on number of employees, plus 0.4% investment costs on account balance

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Conrad Siegel Actuaries provides actuarial consulting, retirement plan administration, investment advisory, healthcare benefits consulting, and wealth management services to employers, public sector entities, and individuals across the Mid-Atlantic region. The firm operates as an independent, consultant-owned advisory practice serving both organizational clients and individual clients with distinct service lines.

Product overview

Conrad Siegel Actuaries operates as a multi-service financial advisory and actuarial consulting firm offering a comprehensive portfolio of retirement, investment, healthcare benefits, and actuarial services. The core offerings include 401(k)/DC Plans, Defined Benefit Plans, ESOP, Cash Balance Plans, and Executive Retirement Plans under their retirement planning services; Investment Advisory and Management services for both organizations and individuals; Healthcare Benefits consulting for public sector, private sector, and compliance; and Actuarial services including Post-employment/GASB, QDRO/Divorce Valuations, and Workers' Comp. The firm also offers specialized programs like the Central PA 401(k) pooled employer plan, BRASS bundled healthcare services, and Family Office Services. Investment services are provided through their SEC-registered subsidiary Conrad Siegel Investment Advisors (CSIA), which manages $10 billion in assets. The firm emphasizes integrated service delivery, combining actuarial expertise with investment strategies across both defined contribution and defined benefit retirement plans.

Differentiator

Problem solved

Functional benefit

Brands

• Central PA 401(k): A pooled employer plan designed for small and mid-sized businesses in Central Pennsylvania, offering a simple, flexible, and affordable 401(k) solution.

Products and services

• Retirement Plan Administration Ongoing third-party administration of employer- and public-sector-sponsored retirement programs, including 401(k), 403(b), and defined benefit pension plans, with integration to payroll systems and participant-facing portals.
• Actuarial Consulting Actuarial valuations, plan design, and ongoing consulting for defined benefit pension plans, post-retirement healthcare obligations, and other post-employment benefit programs for employers and public-sector entities.
• Investment Advisory Fee-based investment management and portfolio advisory delivered to institutional, corporate, and individual clients on a fiduciary basis.
• Wealth Management Ongoing financial planning and wealth management services for individuals and families, including retirement income planning and coordinated investment strategy.
• Healthcare Benefits Consulting Consulting services for employer-sponsored group healthcare benefits, including plan design, vendor evaluation, and cost-management support for active employees and retirees.

Quantifiable outcome

• 93 Net Promoter Score from 2023 client surveys
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• The Actuarial FoundationminorStrategic or Co-development PartnerPartnership to launch free local math tutoring initiative. Conrad Siegel & The Actuarial Foundation collaborated on Math Motivators tutoring program to provide math tutoring services to local students.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Aon: Global professional services firm with significant retirement, health, and investment consulting capabilities — competes in the pension and benefits advisory market that Conrad Siegel serves, but at far greater scale and breadth.
• Willis Towers Watson: Global advisory, broking, and solutions firm with substantial retirement, investment, and actuarial consulting practices — competes in the same retirement and benefits advisory space as Conrad Siegel, but as part of a much larger portfolio.
• Mercer: Global consulting arm of Marsh McLennan providing health, wealth, and career consulting including retirement and actuarial services — overlaps with Conrad Siegel's full service set but operates at vastly greater scale and across broader HR and benefits domains.

Direct peers

• Segal Group: Independent, employee-owned consulting firm specializing in retirement, health, and actuarial consulting for corporate, public sector, and multiemployer clients — closely aligned with Conrad Siegel's mid-market retirement, OPEB, and GASB practice.
• Milliman: Global actuarial and consulting firm offering retirement, pension, OPEB, healthcare, and investment consulting — directly comparable to Conrad Siegel's actuarial, retirement plan, and healthcare benefits service lines, though at substantially larger scale.
• CBIZ: National professional services firm providing retirement plan administration, actuarial, and benefits consulting to mid-market employers — directly comparable to Conrad Siegel's retirement plan and healthcare benefits offerings.
• CAPTRUST: Large independent RIA focused exclusively on retirement plan advisory for corporate, government, and nonprofit sponsors — direct competitor in the 3(21)/3(38) fiduciary space where Conrad Siegel also operates.
• Foster & Foster: Actuarial consulting firm specializing in public-sector pension, OPEB, and GASB valuations for municipalities and school districts — directly comparable to Conrad Siegel's 500+ public entity GASB practice.
• SageView Advisory Group: Independent retirement plan and wealth management advisory firm serving mid-market and large plan sponsors — comparable investment consulting, fiduciary, and wealth management service set to Conrad Siegel's CSIA subsidiary.

Emerging players

• Plante Moran: Large CPA and business advisory firm with growing retirement plan advisory and actuarial practices serving mid-market employers — comparable in client segment and emerging overlap with Conrad Siegel's retirement plan administration and consulting services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/conradsiegelact
• LinkedInlinkedin.com/company/conrad-siegel

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Conrad Siegel Actuaries