Advisory Enters Small, Midsize Market

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.

“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.