Funds Administrative Service
- Company typePrivate
- Founded1996
- HeadquartersEdmonton, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
Funds Administrative Service firmographics
Firmographics- Name
- Funds Administrative Service
- Legal name
- Ellement Consulting Group
- Website
- https://fasadmin.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Funds Administrative Service industry classification
Industry- Product category
- Pension and Benefits Consulting
- NAICS
- Portfolio Management and Investment Advice (523940), Insurance and Employee Benefit Funds (5251), Human Resources Consulting Services (541612)
- SIC
- Investment Advice (6282), Insurance Agents, Brokers & Service (6411), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)
- akta.pro secondary industries
- Employee Benefits Brokerage & Consulting (FSAEADAC), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK)
Keywords
Where Funds Administrative Service is headquartered
LocationHeadquarters
- HQ city
- Edmonton
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Funds Administrative Service business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Consulting and Advisory Services: Provides customized pension, benefit, and investment consulting services to organizations. Revenue derived from advisory fees for designing and managing retirement plans, benefit solutions, and investment management services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Funds Administrative Service product offering
Product offeringCore offering
Funds Administrative Service (operating as Ellement Consulting Group) provides customized pension administration, employee benefits, and investment advisory consulting services to organizations across Canada. The firm supports plan design through ongoing management for multi-employer, corporate, public sector, and post-secondary clients, leveraging in-house actuaries to deliver tailored retirement, benefit, and investment solutions backed by $120B+ in assets under management.
Product overview
Ellement Consulting Group offers a unified suite of pension, benefits, and investment consulting services delivered through three core product lines (Pension, Benefits, and Investments). The company provides customized solutions for organizations across Canada, with specialized market segments for Multi-Employer, Corporate, Public Sector, and Post-Secondary institutions. All services are backed by in-house actuaries and expert insights, with assets under management exceeding $120B across 5 offices.
Differentiator
Problem solved
Functional benefit
Products and services
- Pension Services Comprehensive support for designing and managing secure, compliant retirement plans for organizations, backed by in-house actuarial expertise.
- Benefits Services Tailored, member-focused benefit solutions backed by expert insights and in-house actuaries, advising on $3B+ in annual health and welfare payments and premiums.
- Investment Services Client-centered, strategic investment solutions for asset growth and risk management, supported by $120B+ in assets under management across five offices in Canada.
Quantifiable outcome
- $120B+ Assets Under Management
- +2 more outcomes
Companies that use Funds Administrative Service
Customer profileSegments4 records
Ideal customer profiles4 records
Funds Administrative Service technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Funds Administrative Service partnerships and signals
Strategic signalScale indicators5 records
Recent moves3 records
Expansion highlights3 records
Funds Administrative Service competitors and assessment
Company assessmentBroad incumbents
- Morneau Shepell (LifeWorks): LifeWorks (formerly Morneau Shepell) is a large Canadian benefits, pension administration, and HR services provider that competes across Ellement's segments with a broader health and wellness portfolio.
- Hub International: Hub is a large Canadian-focused insurance and benefits brokerage with retirement and group benefits capabilities that overlap with Ellement's Benefits and Pension service lines.
- Sun Life Financial: Sun Life offers group benefits, retirement, and investment solutions to Canadian employers, providing both advisory and product capabilities that overlap with Ellement's Benefits and Investments lines.
- Manulife Financial: Manulife provides group benefits, retirement plans, and investment management to Canadian employers and institutions, competing in adjacent areas of Ellement's pension, benefits, and investment advisory business.
Direct peers
- Mercer (Canada): Mercer's Canadian practice delivers pension, benefits, and investment consulting to corporate, multi-employer, and public sector clients, directly overlapping with Ellement's full service offering and target segments.
- Eckler Ltd. Eckler is a Canadian actuarial and pension consulting firm serving corporate, multi-employer, and public sector plans, making it one of the closest mid-market direct competitors to Ellement in Canada.
- WTW (Willis Towers Watson): WTW provides pension administration, actuarial consulting, benefits brokerage, and investment advisory globally with a significant Canadian footprint serving the same corporate, public sector, and multi-employer markets as Ellement.
- Aon: Aon's Canadian practice offers retirement, health and benefits, and investment consulting to employers, directly competing with Ellement's three core product lines and targeting similar institutional buyers.
- Buck Global (Conduent HR Services / Buck): Buck provides pension administration, actuarial consulting, and benefits advisory to mid- and large-market employers, closely matching Ellement's consulting-led model in the pension and benefits space.
Regional players
- Koskie Minsky LLP: Koskie Minsky serves Canadian multi-employer, public sector, and corporate pension clients with legal and consulting expertise, partially overlapping Ellement's multi-employer and public sector advisory work.
Market position
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Funds Administrative Service social profiles
Digital presenceFunds Administrative Service financial estimates
Financial estimateRevenue estimate
Valuation estimate
Funds Administrative Service leadership team
Management profileNumber of profiles
Funds Administrative Service funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Funds Administrative Service M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Funds Administrative Service
What does Funds Administrative Service do?
Funds Administrative Service (operating as Ellement Consulting Group) provides customized pension administration, employee benefits, and investment advisory consulting services to organizations across Canada. The firm supports plan design through ongoing management for multi-employer, corporate, public sector, and post-secondary clients, leveraging in-house actuaries to deliver tailored retirement, benefit, and investment solutions backed by $120B+ in assets under management.
Is Funds Administrative Service a public or private company?
Funds Administrative Service is a private company. It is classified as unknown and is currently operating.
When was Funds Administrative Service founded?
Funds Administrative Service was founded in 1996. It employs 1 to 10 people.
Where is Funds Administrative Service based?
Funds Administrative Service is headquartered in Edmonton, Canada, in the North America region.
How does Funds Administrative Service make money?
One revenue line is on record: consulting and Advisory Services.
Who are Funds Administrative Service's main competitors?
Broad incumbents on record are Morneau Shepell (LifeWorks), Hub International, Sun Life Financial and Manulife Financial. Direct peers are Mercer (Canada), Eckler Ltd., WTW (Willis Towers Watson), Aon and Buck Global (Conduent HR Services / Buck). Koskie Minsky LLP is listed as a regional player.
Does Funds Administrative Service have an API?
No public API is recorded for Funds Administrative Service.
What industry is Funds Administrative Service in?
Funds Administrative Service's product category is Pension and Benefits Consulting. Its primary akta.pro industry code is FSAEABAE, Employer Retirement Plan Advisory (401(k)/Pension), with a secondary code of FSAEADAC, Employee Benefits Brokerage & Consulting. Its NAICS code is 523940 and its SIC code is 6282.