As a Regional Director, Valenca will develop business relationships and identify market opportunities to promote the sale of the firm’s qualified retirement plan administration and investment services to third-party intermediaries. He will be based in Massachusetts, according to the firm. He will report to Newport’s Chief Marketing Officer Tom Pittman.
Valenca has more than 20 years of experience in the retirement and financial services industries, most recently in a similar position within the retirement services national accounts division of Automatic Data Processing (ADP).
He has also held the positions of vice president of retirement plan services with Morgan Stanley, and senior vice president with the Boston-based retirement services firm of Walker MacRae Inc.