ABOUT THE MERGER
Why did BSP Retirement Services combine with Rea?
After thoughtful consideration, BSP Retirement Services & Rea determined that joining together would benefit both our clients and our teams. The merger provides us with additional resources, technology, and operational support that enhances our ability to serve retirement plan clients. It also ensures long-term continuity of service by creating a succession plan that allows our teams to continue growing professionally as one firm. We have colloquially used the term “merger” throughout these FAQs to describe the transaction. Although we used the term “merger” for purposes of convenience, the transaction can better be described as an acquisition as further identified in the purchase agreement between BSP Retirement Services and Rea.
When did the merger take place?
Rea officially merged with BSP Retirement Services on June 1, 2025.
Will BSP Retirement Services change its name?
Yes, BSP Retirement Services will begin operating under the Rea name. This transition will happen gradually over the coming weeks.
What cultural values do BSP and Rea share?
Both organizations share a commitment to exceptional client service and a people-first approach. Rea’s values of candor, building relationships, continuous learning, ownership, and stewardship align perfectly with BSP’s culture, making this partnership a natural fit for our combined teams.
CLIENT IMPACT
Will my fees change?
No. There will be no immediate changes to your current fee structure as a result of this merger.
Will I continue to work with the same team?
Yes. You will continue to work with the same professionals you’ve come to know and trust. Your primary contacts remain unchanged.
Will the location of BSP Retirement Services change?
No. We will continue to operate from our current location in the Tampa Bay area at 3937 Tampa Road, Suite 4, Oldsmar, FL 34677.
How will this merger affect the service I receive?
You should experience no disruption in service. In fact, with additional resources and support from Rea, we expect to enhance the service and solutions we can provide.
Will my retirement plan need to change?
No. Your retirement plan will continue to operate as it currently does. The merger has no impact on the structure or operation of your retirement plan.
Will I need to sign new service agreements?
In most cases, no immediate action is required. We hope most services can continue as is without change to existing service agreement. If any documentation updates are needed, we’ll contact you directly with specific instructions.
ABOUT REA
Who is Rea?
Rea is a Top 100 business advisory and accounting firm with more than 425 professionals serving clients throughout Ohio, Florida, and nationwide since 1938. The firm provides a wide range of services including accounting, tax, audit, retirement plan consulting, managed security and IT services, and business valuation and transaction advisory services.
Why did Rea want to merge with BSP Retirement Services?
Rea was looking to strengthen its retirement plan services team and expand its presence in Florida. BSP Retirement Services’ specialized experience in qualified retirement plans, along with our strong cultural alignment, made this merger an excellent fit for both firms.
How many offices does Rea have?
With the addition of BSP Retirement Services, Rea now has employees in 15 offices across Ohio and Florida, as well as remote employees in several states.
What industries does Rea specialize in serving?
Rea offers custom solutions to clients in construction & real estate, government, dental, manufacturing & distribution, and not-for-profit industries, among others. This industry expertise complements BSP’s retirement plan specialization.
ADDITIONAL SERVICES & BENEFITS
What additional services are now available to me through Rea?
As a Rea client, you now have access to a full range of business advisory services, including:
- Tax planning and compliance
- State and local tax consulting
- Tax credits and incentives
- Audit and assurance
- Bookkeeping and accounting
- Fractional CFO services
- Managed security and IT services
- Valuation and transaction advisory services
How do I learn more about these additional services?
Contact your regular BSP team member to discuss your specific needs, and they can connect you with the appropriate specialist at Rea.
What benefits will clients experience from this merger?
Clients will benefit from enhanced technical resources, improved technology platforms, expanded service capabilities, and long-term stability. The merger combines BSP’s specialized retirement plan expertise with Rea’s comprehensive business advisory services, creating a more robust solution for clients.
CONTACT INFORMATION
How do I contact BSP Retirement Services now?
All current phone numbers will remain the same. Email addresses will change, and these will now be firstname.lastname@reaadvisory.com. You can continue to use the contact information you’ve always used. Our main office phone number remains 727-474-4040.
Who should I contact if I have questions about the merger?
Please reach out to your primary contact at BSP Retirement Services with any questions. They’ll be happy to address your concerns or connect you with someone who can help.
Where can I learn more about Rea?
Visit www.reaadvisory.com to learn more about Rea, including the firm’s history, services, and resources.
How will you communicate future updates about the transition?
We are committed to transparent communication throughout this transition. You’ll receive updates through your primary contact, email communications, and our website as we progress through the integration process.
