ALBERT LEA, Minn., April 20, 2016 /PRNewswire/ -- Named 2016 Retirement Plan Adviser Mega Team of the Year by PLANSPONSOR, ABGFS provides retirement consulting services to companies and individuals throughout the Midwest. Their team resides in three separate locations - Albert Lea, MN (Headquarters); Eden Prairie, MN; and Leawood, KS.
Every service ABGFS provides to their clients is designed with one overarching goal in mind – helping the American worker achieve a sustainable financial future. ABGFS supports clients in achieving this goal by designing innovative and customized solutions that help participants be both financially fit today, and retirement-ready tomorrow. "Helping participants achieve a sustainable retirement must go beyond the traditional means many plan sponsors, providers and consultants have attempted. A successful strategy must encompass overall financial wellness along with an understanding of behavioral science in order to achieve real and measurable positive actions by plan participants," explains Brad Arends, CEO of ABGFS.
Since its launch in 2005, the PLANSPONSOR Retirement Plan Adviser of the Year award has grown and now includes four winners across four categories (individual, small team, large team and mega team) who have demonstrated leadership and a commitment to excellence for their retirement plan sponsor clients and participants. ABGFS was awarded Adviser Mega Team of the Year for their employment of industry best practices across a number of areas, including the implementation of auto enrollment, auto escalation, entire plan re-enrollment, a commitment to financial wellness, and most importantly with robust onsite education and advice offered to plan participant on a one-on-one basis.
"The dedication of our clients to their employees is what truly enabled this achievement. Our commitment has been, and will continue to be to help our clients protect and care for their most valuable asset – their employees," stated Grant Arends, President – Consulting Services of ABGFS.
This is the third consecutive national award for ABGFS and their retirement practice. In 2014, Charles Schwab & Co., Inc. ("Schwab") presented the firm with the inaugural Best-in-Retirement Business Impact Award™ as part of Schwab's annual IMPACT Awards® program. Following that honor, Fidelity Clearing & Custody, the division of Fidelity providing clearing and custody to RIAs, retirement recordkeepers, broker-dealer firms, banks and insurance companies, awarded ABGFS as winner of the inaugural 2015 Be Greater® Awards which recognize RIAs and retirement advisors or recordkeepers that are taking their practices to the next level.
About Alliance Benefit Group Financial Services, Corp.
Alliance Benefit Group Financial Services, Corp. (ABGFS) is a privately owned full-service employee benefits consulting firm. ABG Investment Services, Inc. is an affiliate investment advisory firm. Offices for both entities are located in Albert Lea, MN (HQ); Eden Prairie, MN; and Leawood, KS. ABGFS works closely with plan sponsor clients to design effective retirement plans and employee education campaigns, using unique decision-support tools to help enhance the retirement readiness of all participants. With more than $2.6 billion in assets under advisement, the company has approximately 30 employees who serve more than 200 corporate clients and 36,000 plan participants. In addition to retirement plan services, the firm provides Group Insurance and Individual Wealth Management Services for their clientele.
About PLANSPONSOR Plan Adviser of the Year Award
PLANSPONSOR launched the award in 2005 and has grown to now include 20 practices: 16 finalists and four winners across four categories (individual, small team, large team and mega team). Judges look for advisory practices that employ industry best practices across a number of areas, including the implementation of auto enrollment, auto escalation and reenrollment, especially at higher levels than the industry norms. Advisers that are successful in the award program need to demonstrate a commitment to outcomes-based measurement and encourage plan sponsor clients to create plans not that are just in the best interest of the company but are in the best interest of participants.
Securities offered through Investors Capital Corp. Member FINRA/SIPC. Investment advice offered through ABG Investment Services, Inc. ("ABGIS"), a registered investment advisor and separate entity from Investors Capital Corp.
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SOURCE Alliance Benefit Group