Alliance Benefit Group receives recognition
Published 9:32 am Friday, April 22, 2016
Alliance Benefit Group Financial Services has been named PLANSPONSOR 2016 Retirement Plan Adviser Mega Team of the Year, according to a press release. The recognition by one of the industry’s leading publications affirms both the commitment and success the company has had helping plan sponsors meet their fiduciary responsibilities along with assisting plan participants to sufficiently prepare for retirement.
ABGFS provides retirement consulting services to companies and individuals throughout the Midwest. Their team resides in three separate locations — Albert Lea, Eden Prairie and Leawood, Kansas.
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,” said Brad Arends, CEO of ABGFS. “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.”
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 its 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,” said Grant Arends, President of Consulting Services of ABGFS. “Our commitment has been, and will continue to be to help our clients protect and care for their most valuable asset — their employees.”
This is the third consecutive national award for ABGFS and its retirement practice. In 2014, Charles Schwab & Co., Inc. presented the firm with the inaugural Best-in-Retirement Business ImpactAward 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.