BETHESDA, Md., Aug. 20, 2018 /PRNewswire/ -- Seventy2 Capital is pleased to announce that it has been selected to provide 401(k) advisory services to Strosniders Hardware. When Strosniders Partner and General Manager, Bill Hart III, needed guidance regarding their company's defined benefit plan options, he approached James Brockett, a financial advisor at Seventy2 Capital Wealth Management, for assistance.
"They understood what we were trying to do," said Hart, who leads the family-owned and operated hardware business that has served the Washington Metro area since 1953. "We felt confident in their ability to help the company meet its fiduciary responsibilities and prepare our employees for retirement."
"Seventy2 Capital was very knowledgeable about the various defined benefit plan providers in the market and helped us clarify our goals to design a better, more cost-effective retirement plan," Hart added. "They also met with our leadership team on multiple occasions and emphasized employee education and engagement - which are very important to us as a company."
James Brockett of Seventy2 Capital agrees. "Helping small and medium-sized business owners understand how they can offer employees a 401(k) plan that's just as good as those of Fortune 500 companies is incredibly rewarding," Brockett says, "They are often mired in the weeds of day-to-day business operations. Advisors can help the leadership team structure and assess their 401(k) plans to increase retention and productivity while also empowering employees through ongoing financial education."
Seventy2 Capital Wealth Management has emerged as a leading advisor of 401(k) plans for small and medium-sized business in the Washington DC Metro area. Their holistic approach to retirement plan design focuses on customizing programs that increase retirement readiness. Paul Carlson, Co-founder of Seventy2 Capital, says, "We are proud to partner with Strosniders to provide their employees with the tools they need to meet their financial goals. Helping sponsors, like Strosniders, offer a retirement benefits package that benefits the company and its employees are of the utmost importance to us."
Seventy2 Capital's team consists of financial advisors with extensive experience in employee and executive benefits. Because they have earned advanced credentials such as the CIMA®, CRPC®, CRPS®, they often provide workshops and "lunch and learn" sessions at client sites to educate business owners and their employees on investment and retirement planning. For more information or to contact Seventy2 Capital, visit www.seventy2capital.com.
About Strosniders Hardware
Strosniders Hardware has served the Washington Metro area since 1953. This family owned and operated business has four locations in Maryland: the Bethesda location opened in 1953, the Potomac store debuted in 1993, Silver Spring arrived in 2000, and the newest store in Kensington opened in January 2018. Stores have over 50,000 items for one of the area's most complete selections of hardware, housewares, garden, paint, plumbing and seasonal merchandise. Strosniders has received numerous accolades over the years for its customer service--including being named the metro area's "Best Hardware Store" by Washingtonian Magazine in 2005. Visit www.strosniders.com to learn more
About Seventy2 Capital Wealth Management
Seventy2 Capital Wealth Management is an independent, private client firm that specializes in serving Fortune 500 executives, successful individuals and families, and small, and medium-sized businesses. The firm's principals draw on nearly 90 years of combined experience at some of Wall Street's largest firms to ensure client success. The firm's commitment to maintaining the highest standards of care and professionalism in serving clients has earned its advisors some of the most advanced designations including the CIMA®, CFP®, CRPC® and CRPS® and industry awards. Seventy2 Capital helps clients define their most important financial goals, design a plan to achieve them and consistently execute to make clients' aspirations a reality. Visit www.seventy2capital.com to learn more.
About Wells Fargo Advisors Financial Network
For 17 years, Wells Fargo Advisors Financial Network, the independent brokerage arm of Wells Fargo & Company has simplified independence by partnering with successful financial advisors and fostering a mutual passion for doing what's right for clients. As of December 31, 2017, Wells Fargo Advisors Financial Network has grown to operate nationwide with 1,333 owners and advisors in 633 practices administering over $104.7 billion in client assets. Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC Member SIPC, separately registered broker-dealer and non-bank affiliate of Wells Fargo & Company. Visit www.wfafinet.com to learn more.
Seventy2 Capital is a separate entity from Wells Fargo Advisors Financial Network.