As the new practice leader of the RMR retirement planning group, Simchowitz is tasked with providing advice and consulting support to more than 150 qualified retirement plans with more than $300 million in assets.
The firm, which creates investment and wealth management solutions for individuals, families, corporate retirement plans, charities, and foundations, intends increase 3(21) and 3(38) investment fiduciary offerings under Simchowitz’s guidance.
“Stuart is unquestionably recognized as one of the industry’s leading experts and his track record in corporate retirement planning and 401(k) is impressive,” says Joseph Russo, co-chairman, RMR. “With Stuart at the helm of our retirement planning group, RMR will be more favorably positioned to improve the depth and breadth of its offerings.”
Simchowitz is the founder of Sammax Consultants and has specialized in employee benefits as a consultant throughout his more than 30-year career. He has earned the accredited investment fiduciary and certified 401(k) professional designations, among others.