Credit Donkey: Good for Small Business: How This Provider Helps Business Owners
Dylan Telerski / 3 Sep 2019
Ubiquity Retirement + Savings is proud to be celebrating 20 years of small business retirement success.
Curious how we got our start?
Take a look into our CEO Chasd Park’s motivations for founding Ubiquity, his tested knowledge, and expertise in our industry.
Ubiquity was born from Chad’s work as a financial adviser to small businesses in the mid-1990s.
At the time small businesses had only two options for retirement offerings:
- Be taken advantage of by large institutions
- These legacy establishments focused more on making money for the broker than offering an affordable, quality product for the business.
- Be ignored completely by large institutions
- The traditional retirement system is driven by asset based fees–and small businesses often didn’t generate enough money to be considered a valuable.
Something needed to change. So, Chad created a company to help small employers access affordable 401(k) accounts over a then-burgeoning new thing called “the internet.” 20 years later, while we’ve grown in size, we still follow the same business model.
We’re just one small business helping others change the world—one retirement savings plan at a time.