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June 01, 2012 at 08:04 AM
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.
