LPL-Affiliated Retirement Group Hires 5 Consultants

Advisors join $7 billion advisory firm in locations across West, Midwest

An LPL Financial (LPLA) partner in the retirement benefits field said Wednesday that it hired five consultants. The Retirement Benefits Group (RBG), an LPL Retirement Partners advisory firm with some $7 billion in assets, said these additions “mark another step in RBG's rapid growth.”

The five advisors—Matthew Haerr, Christine Soscia, Amir Arbabi, Peter Littlejohn and William Brown—will provide retirement guidance to institutional clients in the areas of plan design, compliance and investment due diligence, as well as communication and education. They are based in San Diego; Akron, Ohio; Las Vegas; and Idaho Falls, Idaho.

“Our rapid growth continues with the addition of these five leading advisors who have many years of experience in the retirement plan space,” said Darrell Alford (left), principal of the Retirement Benefits Group, in a press release. “With new offices in Idaho and Nevada, we now cover most of the western United States and will continue to expand east, even as we maintain our total focus on providing retirement plan financial advice that is second to none.”

The RBG group, which is not owned by LPL, is “delighted to work with LPL Financial Retirement Partners, which has acted as a strong enabling partner in our ongoing growth," Alford added.

"In an increasingly complex retirement landscape for participants, plan sponsors are looking for advisors with fiduciary expertise to help them choose plan structures and investment options that have the potential to offer greater retirement security for their workers,” he explained. “We are proud that Retirement Benefits Group has expanded over the years as a leader in this space by acting as just such a partner to plan sponsors. 

Haerr has been a financial advisor for more than 20 years and has worked with company-sponsored retirement plans, family and personal wealth management, and personal retirement planning throughout his career.

Soscia has been in the financial services industry for more than 15 years. She has worked with business owners in helping design, audit and implement employee benefit programs. 

Arbabi assists companies on plan design, fiduciary oversight and investment due diligence. In addition to his expertise in plan consulting, he has extensive knowledge of wealth and investment management from his training at firms such as Merrill Lynch and Morgan Stanley Smith Barney.

Littlejohn joins with more than 27 years of retirement plan experience, most recently at Highmark Capital Management in San Francisco. Earlier, he led retirement businesses at Ivy Funds, Wells Fargo, Strong Capital Management and Cigna Retirement and Investment Services.

"We congratulate Retirement Benefits Group for their continued successful growth as a leading firm within the retirement plan space,” said Bill Chetney, executive vice president of LPL Financial Retirement Partners, in a statement. “We are proud to be an enabling partner to Retirement Benefits Group and other advisor practices focused on this space as they work to help Americans realize their retirement aspirations, and we expect to see strong continued growth in this area."

Page 2 of 2
Single page view Reprints Discuss this story
This is where the comments go.