Capping off the month, Generations Retirement Group rolls out a new location in Westborough, Massachusetts, Transamerica and Smart collaborate on a pooled employer plan (PEP) solution, and Milliman announces its latest hire.
Generations Retirement Group opens second location in Massachusetts
Generations Retirement Group, a financial advisory firm experienced in helping simplify retirement planning, has opened a second location in Westborough, Massachusetts.
“We’re very excited about the opening of our new location and to have the opportunity to connect with even more members of our local communities,” said Dave Corman, founder of Generations Retirement Group. The firm has already expanded their educational and dinner retirement workshops into the Westborough area, with upcoming workshops scheduled in neighboring areas, like Framingham and Marlborough, in May. “This new space offers convenience in proximity and provides accessibility to our advisor and the services we offer,” adds Corman.
The firm also recently hired chief marketing officer, Kaijsa Kurstin, to expand its digital footprint and promoted one of its members, Sharon Moran, to director of client services.
In addition to improving the firm’s online presence, Kurstin will be responsible for overseeing all marketing efforts and helping the firm to connect with even more members of its surrounding communities. Moran will oversee business operations and client experiences.
To better support growth, the firm’s headquarters in Braintree has drafted plans of its own for expansion into larger office space, according to Generations Retirement Group. The space will boast a large welcome reception area and will be outfitted with multiple conference rooms, offices, and a media production room. The new space is scheduled to be open later this year and is located within the same business park as its current office.
Transamerica partners with Smart on PEP solution
Transamerica will be providing recordkeeping and 3(16) plan administration services for a new pooled employer 401(k) retirement plan solution from Smart Retirement Solutions Inc., named the Choice PEP.
The PEP offers a workplace 401(k) retirement plan solution for employers wanting to reduce their administrative burden, said Transamerica in a news release. In addition, multiple 3(38) investment fiduciaries are available to adopting employers.
“We are honored to work with Smart as the recordkeeper for the Choice PEP,” said Phil Eckman, president of workplace solutions for Transamerica. “This collaboration underscores our commitment to providing employers with cost-efficient retirement plan solutions that simplify plan administration and deliver long-term value to their employees.”
“We are delighted to be working with Transamerica to bring innovative, technology-forward PEP solutions to the marketplace in order to help more employers provide retirement plans to their employees,” said Jodan Ledford, CEO for Smart in the U.S.
Milliman adds new hire to employee benefits team
Jennifer Stovall has joined Milliman as senior consultant and manager of the engagement strategy of the Employee Benefits Administration HR communication team.
In this role, Stovall will lead the creation of strategic campaigns for key clients with the goal of enhancing the participant experience and driving improved outcomes for clients’ employees. Jennifer will also manage a team to enhance communication, sales, and technology content.
Jennifer has over 27 years of experience in retirement and benefits communication. Her expertise includes developing customized employee benefit engagement strategies and providing annual enrollment campaigns, personalized benefits optimization modeling tools and calculators, financial wellness solutions, and organizational change management support. Her background includes serving as vice president of communication and change management for Fidelity Investments and as lead content director for an employee communication agency.
“I’m a communicator at heart and am excited to bring my experience and perspective to this innovative team,” says Stovall. “Although my roots are in retirement and financial wellness consulting, I have worked with clients of all sizes and in many industries on their broader workforce engagement initiatives. I was drawn to Milliman because of its mission to protect the health and well-being of people everywhere. Critical to this is the participant experience we provide, and I’m thrilled to be able to help influence this in a positive way.”
SEE ALSO:
- Corporate Roundup: Transamerica and Cetera Collaborate, Vanguard Launches ETF
- Transamerica Appoints President to Financial Advisory Business
- New Tool from Milliman Like a ‘Credit Score for Retirement Readiness’
Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with over six years of experience and a passion for telling stories and reporting news. Amanda received her degree in journalism and government and politics at St. John’s University. She is originally from Queens, New York, but now resides in Denver, Colorado with her partner. In her free time, Amanda enjoys running, cooking, and watching the latest drama show.
