Deals and People

Retirement Industry People Moves

Student Loan Genius Names New CEO; Cammack Retirement Hires Consultant; Mercer Advisors to Acquire Blue Moon Wealth Advisory; and more.

By Javier Simon | August 18, 2017
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Student Loan Genius Names New CEO

Student Loan Genius, a firm that helps workers manage student loan debt, has announced Matt Beecher is its new CEO. Beecher brings to his new role more than 25 years of experience in venture capital and the financial technology industry.

He’s versed in growing companies that help Americans address several personal challenges like investing, insurance, and growing generational wealth. Prior to his new role, he served as managing director of Redstart Ventures and co-founder of SCS Financial.

Student Loan Genius says its student loan counseling and contributions help borrowers reduce payments by an average of $251 each month and shave up to 12 years off repayment. The company plans to increase its reach by 200% come December 2017.

“To get to the next stage, we knew we needed a proven leader who really understands the landscape of fintech and the problem student loans present,” says Josh Pierce, Student LoanGenius co-founder and managing director of Socratic Ventures. “Matt, during his first meetings, expanded our vision on how our technology can change lives. His vision and track record of success at every stage of his career made him the standout for getting us to the next stage.”

NEXT: Cammack Retirement Group Hires Consultant