Deals & People September 28, 2015

Pensionmark Onboards Rogers Financial Group

Pensionmark Financial Group welcomes Rogers Financial as its newest adviser affiliate.
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Pensionmark Financial Group has added another office to its Advisor Support Program (ASP).

Rogers Financial joined Pensionmark after more than two decades in the retirement specialist advisory industry. The recent affiliation becomes Pensionmark’s first office in Washington, D.C.

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Kenneth Rogers, who takes on the new role of managing principal of Rogers Financial Pensionmark, says partnering with Pensionmark “will provide employees of our plan sponsor clients with access to a robust financial wellness offering and further enhance the depth of resources we provide to plan fiduciaries.”

The partnership provides Rogers Financial with an expanded suite of services, including Pensionmark’s proprietary financial wellness program, investment analytic tools and proposal systems. Along with the expanded services, Rogers Financial will maintain its independent business model.

“We are excited about the partnership and further growth within the Pensionmark family,” says Troy Hammond, president and CEO of Pensionmark Financial Group, located in Santa Barbara, California.

Products September 28, 2015

LPL Financial Adds Benchmarking Capabilities

LPL announced enhancements to the LPL Retirement Partners tool suite. 
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New benchmarking and comprehensive reporting tools delivered by Fiduciary Benchmarks round out the expanded LPL Retirement Partners tool suite.

David Reich, LPL executive vice president and head of Retirement Partners, says including Fiduciary Benchmarks as an integrated offering within the LPL Retirement Partners tool suite “is consistent with our goal to leverage LPL’s size and scale to our advisers’ advantage.”

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Through the new integration, Fiduciary Benchmarks offers LPL advisers a complete suite of tools designed to serve the retirement plan business in managing risk, helping to improve participant outcomes and evaluating service providers. The company has also introduced the Retirement Outcomes Evaluator, an interactive plan design modeling tool that helps plan sponsors evaluate the impact of plan design features on participant retirement outcomes.

“LPL is the first broker/dealer to make Fiduciary Benchmarks’ full suite of services available to its clients and is also the first broker/dealer to provide the Retirement Outcomes Evaluator,” notes Tom Kmak, CEO at Fiduciary Benchmarks. “We are excited to be able to provide our comprehensive suite of services and resources to LPL-affiliated advisers and plan sponsors to help enhance their clients’ business and grow their client base.”

LPL’s adds its Retirement Partners tool suite is designed to support the critical areas of adviser plan business including investments, fiduciary support, plan design consulting and plan management. 

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