Products June 3, 2013

Advisory Enters Small, Midsize Market

Marathon Retirement & Pension Consulting LLC (Marathon RPC) announced its entry into the small and mid-size retirement plan market.
Reported by

The consulting and investment advisory firm, which uses a fee-only service structure, looks to fill a void in the small and midsize retirement plan market by providing investment advisory services for defined benefit plans with assets under management up to $250 million. Marathon RPC will provide risk management and investment advisory services to foundations, endowments and retirement plans, such as 401(k), 403(b), defined benefit (DB) and deferred compensation programs.

Marathon RPC is headed by Aaron Spelker, who was previously an institutional portfolio adviser with MetLife’s investment strategies and solutions group, where he managed a portfolio of DB plans in excess of $500 million. Spelker is the firm’s owner and portfolio adviser.

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“Small and midsize defined benefit plans are often underserved and overcharged by large investment consultants,” Spelker said. “These plans need and deserve world-class representation when it comes to protecting the retirement future of their employees. Participants in these smaller plans deserve the same long-term security as someone in a larger retirement plan.”

More information about Marathon RPC is at their website.  

Deals & People June 3, 2013

CUNA Mutual Hires VP, Retirement Plan Services

Natalie Young joined CUNA Mutual Group and its affiliate, CPI Qualified Plan Consultants Inc., as a regional vice president for southern California.
Reported by

Young will provide expertise and support to financial advisers and their retirement plan clients as they design and develop qualified and non-qualified retirement plan programs. She will serve markets in southern California, Las Vegas and Hawaii. The newly recreated position is part of CUNA Mutual Group’s initiative to expand its distribution to cover more retirement-focused adviser relationships through CPI Qualified Plan Consultants.

Young has 20 years of experience in financial services, with extensive experience in both registered investment adviser and trustee services. Her focus in each has been retirement plan design, operations and implementation.

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Before joining CUNA Mutual Group, Young was regional vice president for Mercer Advisors in Newport Beach, California. She also has held positions as a bank trust officer in retirement plan services and as a financial reporting manager of a large Texas registered investment adviser firm.

Young attended Amarillo College and holds a state of Texas life and health license, along with the Series 65 securities license. Young will report to Al Rodriguez, western divisional vice president.

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