NRP Picks Up 9 Firms

National Retirement Partners, Inc. (NRP) said nine practices have recently joined NRP.

The new firms are part of continued growth the company is planning for this year. In December, CEO Bill Chetney told that the firm had 23 to 24 firms in transition for the first quarter of 2009. He said NRP planned to hit 200 firms by the end of this year (already with 132 firms in December). Chetney said NRP is continuing to see strong demand for its retirement-focused adviser model. “The fact is that the brokers that are leaving the wirehouses and other broker/dealers are looking for a home, and the ones that are focused on retirement are still flocking to us,’ he said.

The eight new member firms, along with their senior principal, are:

  • Wharton Retirement Services
    Andrew DeGroat
    Ft. Washington,
  • BCG Terminal Funding
    Mike Devlin
    Braintree, Massachusetts
  • Prime Solutions Advisors
    Jamie Linkowski
  • Retirement Plan Advisors
    Tony Winkeljohn
    Ft. Wayne, Indiana
  • Broyhill Asset Management
    Frank Rutan
    Ft. Washington,
  • Babb Retirement Services
    Bob Malcolm
    Pittsburg, Pennsylvania
  • FIT Financial
    Melinda & Jaime Thomas
    San Luis Obispo, California
  • Bay Benefits Group
    Mike Locono
    Mobile, Alabama
  • Chase Benefit Advisors
    Clarke Chase
    Glen Allen, Virginia

“We are excited to welcome these eight firms to NRP. Collectively they advise in billions in institutional retirement assets,’ said Chetney in a statement. “They will be tremendously additive to our greatest asset, which is the collective knowledge possessed by the top retirement practitioners in the county.’