Holsopple takes the position from Scott Revare, co-founder of the company along with Adam Bold, who is moving from the position of CEO to chairman, according to an announcement.
Holsopple joined Smart401k as president in August 2007, focusing on expanding the company’s institutional relationships and growing the educational resources Smart401k offers clients. He will continue to focus on strategy for the retail business as well as drive direction and development of the institutional business.
“We started this company to fill a need in the marketplace. Many retirement plan investors did not become investors by choice, but by accident. There was a need to provide professional investment advice at a reasonable cost to these individuals. We still share this goal,” said Revare, in the announcement.