Business adds financial planner
Albert Lea business intellicents, formerly Alliance Benefit Group Financial Services Corp., has added fee-based wealth management and financial planning to its services menu with the addition of David Busselman, certified financial planner, according to a press release.
“We have 24 retirement plan clients covering almost 6,000 participants throughout the Twin Cities,” said Brad Arends, CEO of intellicents. “A new client this past year required that we not only provide retirement education and advice to their participant base, but actual on-site financial planning services. David is our solution. We now plan to introduce this service to our other area clients as part of our broader financial wellness efforts; and we have already started the search for other Certified Financial Planners in other locations like Mankato, Albert Lea and Rochester; Sioux Falls, South Dakota; Des Moines, Iowa; and Kansas City, Kansas, where we have a large population of 401(k) clients and participants.”
Busselman was previously employed by Charles Schwab. He has over 12 years of industry experience primarily focused on wealth management and retirement planning for individual clients. Busselman’s experience in the financial services industry also includes roles at Fidelity Investments.
“My training in the branch system at Schwab was invaluable to my role here at intellicents; plus their allmymoney financial wellness app really focuses the participant into organizing his financial life and establishing a plan for successful financial outcomes,” Busselman said. “A 401(k) participant can’t be expected to contribute more money toward his retirement if he is maxed out on numerous credit cards, doesn’t have a budget and can’t balance his checkbook.”
Arends anticipates on-site financial planning services becoming part of intellicents’ core 401(k) participant service offering.
“In fact, we are actively working to develop a program that provides financial planning services as part of an employer’s general voluntary benefits menu,” he said.