PRESS RELEASE – FOR IMMEDIATE RELEASE
Contact: Renata Coimbra – (805) 456-7098 – Renata.Coimbra@Pensionmark.com
Pensionmark is pleased to announce that seven Pensionmark-affiliated advisors have been named to the 2020 edition of the Financial Times 401 Top Retirement Advisers List – Molly Knapp, James Lyday, Debbie Matustik, James Moyes, Dean Salyer, Robert Scherzer, and Joe Stack.
This is the sixth annual FT 401 list, recognizing the top financial advisers who specialize in serving defined contribution (DC) retirement plans across the U.S.
Financial advisers and retirement plan specialists applied for consideration, having met a set minimum of requirements. The applicants were then graded on six criteria: DC assets under advisement (AUA); DC AUA growth rate; specialization in DC plans; years of experience; advanced industry credentials; and compliance record.
As of September 30, 2020, the Pensionmark advisors named collectively make up $7.6 billion in AUA and over 800 retirement plan clients. “I have had the pleasure of working with each of these individuals for many years and these advisors are true examples of doing business the right way,” comments Senior Vice President, Client Relations Taylor Stone. “In addition to being lead advisors in their territories, they are trailblazers within the industry and always striving to put their clients’ best interest first.”
FT 401 list represents an impressive cohort of elite advisers. The median DC plan assets administered by this year’s group is $800 million. These are true specialists as DC plans on average account for 86% of total client assets. The FT 401 advisers represent 41 states and Washington, D.C.
The Financial Times 401 Top Retirement Advisers is an independent listing produced annually by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times (October 2020). The FT 401 is based on data gathered from advisors, regulatory disclosures, and the FT’s research. The listing reflects each advisor’s status in six primary areas: DC plan assets under advisement (AUA), DC AUA growth rate, specialization in DC plans, years of experience, advanced industry credentials and compliance record. A total of 855 advisors applied for the award, of which 401 were selected (47%). This award is not indicative of the advisor’s future performance. Neither the advisors nor their parent firms pay a fee to the Financial Times in exchange for inclusion in the FT 401.
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 and terminal funding, not-for-profit, wealth management, and executive/deferred compensation specialists. As of December 31, 2019, the Pensionmark network of advisors and independent advisory firms collectively provide investment management and retirement plan consulting support to over $48.0 billion in assets, including regulatory assets under management (AUM) of over $19 billon.