Best PEOs for Hedge Funds
We create benefit plans for Hedge Funds that replicate the benefits found at a large institutional bank.
You focus on Alpha
We help the nation’s leading Hedge Funds shop compare and choose the perfect Professional Employer Organization (PEO). Over the last decade, we have helped so many Hedge Funds that we are experts at knowing which PEOs make the most sense for you and which ones can replicate the benefit packages found at the top-tier banks.
So, we put together an overview to help you learn which PEOs are most suitable for a Hedge Fund's needs and the service you expect.
Best PEOs for Hedge Funds
We have four PEOs that make the most sense for Hedge Funds. Over the last decade, we have found that these three PEOs can offer white-glove service, rich benefits, and seamless on and off-boarding of employees.
Our Hedge Fund clients demand the best, so we only place them with PEOs that satisfy their chief concerns.
Rich benefit plans with UCR for Out-of-Network reimbursement
White-glove, hands-on service that is capable and accommodating
Flexibility in offerings and consistent levels of service
A provider that understands your industry, your demands, and your team’s needs
Our partner PEOs have special platforms specifically designed for Hedge Funds.
TriNet
Year founded: 1988
Health carriers: Aetna, BCBS, UHC, and Kaiser
Top pick for those looking for a PEO partner that potential employees/investors will have heard about and trust.
If there's one PEO you've heard of, it'll probably be TriNet. Publicly traded and one of the first organizations to bring the practice of using PEOs into the public spotlight, TriNet also offers a solid, well-rounded experience that gives employers a single access point for all their HR needs.
TriNet’s acquisition of Ambrose, a staple in the HF PEO space, makes them a strong contender for Hedge Funds. Their UHC plans offer UCR.
Read our in-depth review of TriNet
ExtensisHR
Year founded: 1997
Health carrier: Aetna and BCBS
Best known for being among the first PEOs to reach out to small businesses specifically.
Founded by a small business owner after he grew frustrated by how difficult getting quality HR and benefits were for non-heavyweights, Extensis has grown into a national group with plenty of resources. Clients enjoy personalized service invested in their unique situation while gaining access to a "Fortune 500" level of benefits and resources.
Extensis offers a platform specifically for Hedge Funds, PEO Premier, with rich UCR plans from Aetna, an enhanced service that doesn’t use voicemail. So you get the best possible client experience.
PrestigePEO
Year founded: 1992
Health carrier: UHC and Aetna
Top choice for family-owned businesses looking for a PEO that understands them.
A client-focused PEO, Prestige gets similar companies' needs, goals, and values, but its benefits and HR services are on par with other PEO heavyweights. Customers wanting a tailored, personalized experience will enjoy Prestige's "all-person, no menus" support system that helps clients resolve HR issues with minimal frustration.
Prestige offers a FinServ platform that offers rich UCR plans from UHC and an enhanced service model that gives you the white-glove service you would expect in finance.
AspenHR
Founded: 2017
Health Insurers: Aetna and Kaiser
Great for: White Collar and Gray Collar
In 2017, we noticed a problem. There was a void in the HR and PEO industry. Companies were not receiving the white-glove HR service they needed.
We were referring clients to various HR service providers who were not receiving the level of service they deserved. Calls and emails were not being returned.
Service was more reactive versus proactive.
AspenHR offers UCR-rich benefit plans from Aetna and their client service that is second to none. At the same time, a relative newcomer, they have emerged as an easy choice for Hedge Funds.
Which one is the best for you?
That’s a tough question, and there is only one way to answer it—we have to quote them. These are the PEOs that consistently make the most sense for Hedge Funds because of their benefit offerings, technology, and, most importantly, service level.