PRESS RELEASE – FOR IMMEDIATE RELEASE
Contact: Renata Coimbra – Renata.Coimbra@Pensionmark.com
The National Association of Plan Advisors has published its list of the nation’s top defined contribution (DC) Advisor Teams naming eleven different Pensionmark teams to the list including teams led by Jim Lyday, Debbie Matustik, Michael Morris, Dean Salyer, and firms First Western Trust Retirement Service Group, Hickok & Boardman Retirement Solutions, H&H Advisors, NWK Group, Inc., PensionmarkMeridien, ProCourse Fiduciary Advisors, and Sequoia Consulting Group.
Unlike other lists, this focuses on teams, broadly defined as being in a single physical location, and having at least $100 million in DC assets under advisement. It is based on self-reported assets under advisement as of December 31, 2021. The inaugural list was published in 2017.
“Since their inception, NAPA’s various industry lists have been a valuable Who’s Who of who matters in the world of retirement plans and retirement plan advisors,” noted Nevin Adams, Chief Content Officer of the American Retirement Association, and Editor-in-Chief of NAPA-Net, the nation’s leading online resource for retirement plan advisors. “This latest chapter – the NAPA Top DC Advisor Teams, ranked by self-reported DC assets under advisement – presents a compelling case for their positive impact on the nation’s private retirement system”.
A record number of teams made this year’s list, representing nearly $2 trillion in DC assets under advisement – the retirement savings of some 27 million working Americans. Significantly, those teams include nearly 2,000 advisors – and many more support personnel – working to help Americans prepare for a financially satisfying retirement from 38 states and Washington, D.C. “As the nation’s leading voice for retirement plan advisors, we are once again pleased to highlight the contributions and commitment of these teams,” noted Adams.
The list of NAPA’s Top DC Advisor Teams with AUA Over $100 Million, which will, along with the list of Top Multi-Office Firms, be published in the Spring issue of NAPA Net the Magazine, is available online at https://bit.ly/2021DCteams.
About the National Association of Plan Advisors
The National Association of Plan Advisors was created by and for retirement plan advisors. Membership is also open to other retirement industry professionals who support the interests of plan advisors. NAPA is the only advocacy group exclusively focused on the issues that matter to retirement plan advisors. NAPA is part of the American Retirement Association, based in the Washington, D.C. area. More information about NAPA is available at napa-net.org.
About Pensionmark Advisor Support Program (ASP)
Pensionmark’s Advisor Support Program provides its affiliates a full-service suite of support services creating the foundation to position their practices for long-term growth without losing the spirit of independence. Advisors benefit from the size, strength, and relationships of a national consulting firm with Pensionmark’s centralized service model with time-tested reliability in investment analytics and due diligence monitoring, plan sponsor and participant employee education systems, and compliance support.
About Pensionmark Financial Group
The Pensionmark Financial Group network represents over 300 advisors and staff across 65 locations across the country with over 3,000 retirement plan clients. The Pensionmark network of retirement specialists includes defined contribution, defined benefit, terminal funding, not-for-profit, wealth management, and executive/deferred compensation specialists. As of December 31, 2020, the Pensionmark network of advisors and firms collectively provides support to over $80 billion in assets across a variety of channels, including investment management and retirement plan consulting services. This includes regulatory assets under management (AUM) of over $24 billion