Hedge Fund PEO Case Study

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Written By Rodney Steele

Peace of mind, freedom from non-revenue generating tasks, and significant cost savings for the financial services vertical.

We have extensive experience with industry experts and management teams from public and private companies, and each offers a unique perspective on the subsectors in which they specialize:

  • Hedge Funds

  • Private Equity Firms

  • Venture Capital

  • FinTech

Bull in the Financial District, New York.

Bull in the Financial District, New York.

Hedge Fund PEO Case Study

Scenario: A Hedge Fund was using open market health insurance and conducting in-house HR service and support. Their health insurance plan renews in January. Currently, they use ADP for Payroll and another broker for Workers’ Comp, and another provider for 401-k. The Company is looking for a full-service solution that includes a single-source provider. We gave them a Professional Employer Organization that solved all of their challenges.

Type of Firm: Hedge Fund
Site/s of Operation: New York, NY
Initial # of Employees: 16
Current Payroll: $5,000,000
Current Challenges:
• Multi-Provider Management
• Increased Medical Renewal Rates
• HR Human Capital Expenditures
Solution: PEO
End Result: The Hedge Fund implemented a full-service PEO solution and reduced overall costs by $37,407.68.

For our PEO Benchmark for Financial Firms click here. If you would like to get similar results, let’s chat.

Rodney Steele
As Dinsmore Steele’s CEO and Founder, Rodney is responsible for the leadership and vision of Dinsmore Steele, as well as leading the company’s solution development and strategy. He founded Dinsmore Steele because he witnessed first hand the inefficiencies and difficulty companies had when pricing, shopping and purchasing their human capital solutions, and so he created single source platform that comparatively shops the entire marketplace. Prior to Dinsmore Steele, Rodney had an illustrious career in Capital Markets and Banking for some of the largest financial institutions in the world. Committed to changing the way companies shop for their human capital needs, Rodney and the entire Dinsmore Steele team is at the forefront of human capital. Rodney holds a bachelor’s degree in finance from the University of North Carolina, Chapel Hill. He is an active member of his community and resides on the North Shore of Long Island with his Siberian Husky Jefe.
www.dinsmoresteele.com
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